myRecordFantasy Partners with NewTek and TodoCast

SACRAMENTO, Calif., Jan. 4, 2011 /PRNewswire/ -- Gigatone Entertainment, a next generation entertainment company, has announced a partnership with a pair of revolutionary video technology companies, NewTek and TodoCast, to stream Gigatone's myRecordFantasy jam sessions and live concert over the Internet.

Innovative rock superstar Todd Rundgren stars in the latest of Gigatone's series of myRecordFantasy events Jan. 17-19, 2011, at the Track Shack Studios in Sacramento. The event brings fans from around the world into the studio for a once-in-a-lifetime experience to audition to play or sing on Rundgren's new record. In addition, fans will be attending and participating in nightly jam sessions with Rundgren and special guests.

In enlisting industry trailblazers NewTek and TodoCast, Gigatone will broadcast Rundgren's evening jams sessions and finale concert live via the Internet.

"Gigatone's myRecordFantasy is a one-of-a-kind event that we are making available to Todd Rundgren fans everywhere," said Mitchell Koulouris, CEO and founder of Gigatone Entertainment. "Our innovative business model continues to mature and tap into new revenue streams that benefit both the artist and label. NewTek and TodoCast are the best partners in the industry to make this happen."

Gigatone will use a NewTek TriCaster™ portable live production system to produce and stream live Rundgren's myRecordFantasy concert and evening jam sessions. TriCaster is used by major players like MTV, VH1, WNBA, NBA Development League, Fox Sports, and the National Hockey League to deliver their network-quality live productions.

TodoCast provides its turnkey Internet broadcast platform including audience management, interactive and social networking features, satellite connectivity and SD / HD distribution. TodoCast will enable Gigatone to offer all of their entertainment content live on the Internet, monetizing with pay-per-view. The satellite-to-web capability is made possible by TodoCast Connect™ which provides 'First Mile' dedicated bandwidth via a lightweight dish assembly that can be mounted in minutes. Together, TriCaster and TodoCast provide a complete solution for Gigatone to deliver its myRecordFantasy events live over the Internet.

"NewTek TriCaster portable live production systems have powered hundreds of premier, live events in the entertainment industry, including previous Todd Rundgren concerts," said Chuck Silber, Senior Vice President of World Wide Sales for NewTek. "TriCaster is designed to meet the demanding production needs of high profile concerts such as the myRecordFantasy events. Using our newest TriCaster TCXD850 high definition system, Gigatone will deliver the ultimate concert experience for their online viewers. We are thrilled to be part of this game changing music event. "

"TodoCast has a history teaming with NewTek to deliver the best in live, interactive entertainment over the Internet, and we're excited to be entering this partnership with Gigatone and streaming this one-of-a-kind concert event," said Bryan Hill, CEO of TodoCast. "TodoCast is unique in its ability to enable Gigatone to monetize its broadcast events in multiple ways by offering pay-per-view, sponsored and subscription billing options, live or on demand."

In conjunction with the myRecordFantasy event, Rundgren will be recording a new album, (re)Production, on which he'll be performing selections he's Produced for others. The project includes such hits as the Psychedelic Furs' "Love My Way," Meat Loaf's "Two Out Of Three Ain't Bad," Grand Funk Railroad's "Walk Like A Man," XTC's "Dear God," Cheap Trick's "I Can't Take It," as well as songs by The Tubes, Hall and Oates, The New York Dolls, Rick Derringer, Patti Smith, Badfinger and Bourgeois Tagg, among others. Each myRecordFantasy event is filmed in its entirety in high definition, with episodes airing on Gigatone's Channel Page on YouTube at http://www.youtube.com/gigatonerecords.

Information on streaming packages and pricing for the myRecordFantasy with Todd Rundgren is available at http://www.todocast.tv/gigatone/.

ABOUT GIGATONE ENTERTAINMENT:

With offices in Hollywood and Sacramento, Gigatone Entertainment is a next-generation entertainment company focused on delivering high-quality content from established, brand artists in the form of recorded music, live events, and video. Its myRecordFantasy fan fantasy camps places fans in the recording studio with their favorite artists, giving them a once-in-a-lifetime chance to be part of the making of an album. The myRecordFantasy reality show chronicles this fan-artist experience providing a wild and fun behind-the-scenes look into the studio experience.

More Information Pricing and Details:
www.myRecordFantasy.com

www.Gigatone.net

SOURCE Gigatone Entertainment