Net Element is a worldwide publisher of online destinations and business services on a custom technology platform for Internet and mobile distribution. The platform enables the rapid development, production, and distribution of rich media content (HD and 3D), SaaS services, and branded content in entertainment and news. Net Element owns and publishes Internet properties and creates social and business communities in motorsports, music, film, and entertainment.
The company's portfolio includes Motorsport.com; Openfilm.com; Music1.com; Yapik.com; and ARLive.com. Net Element's objective is to transform the online experience. Their team consists of individuals equipped with years of experience in the various fields of technology, marketing, architecture, intellectual property, law, creative writing, product design, and all forms of digital and print media.
The company's Openfilm.com is a website dedicated to independent film. It's fueled by the works of their community members. In addition, it's backed by some of the most recognizable names in Hollywood. In addition, Net Element has their Music1.com offering. This website brings artists, fans, and industry professionals together through a personalized online experience.
Moreover, Net Element has their Yapik.com. This is the first location-based commons mobile application tailored to college students. It provides an easy way for students to locate and barter goods and services within the context of the campus experience. Net Element's ARLive.com is an independent A&R and consulting company with key relationships with top record company A&R and major industry insiders. They consult and teach individuals about the music business through their "The Music Industry Edge" program and guarantee artists, producers, and songwriters have their music heard by major record company A&R for deal consideration and live feedback on the spot.
Net Element also has their Motorsport.com, Inc. business division. This is a digital distribution platform that provides (through their website and social media networks) interactive multi-media coverage and experiences of F1, NASCAR, Le Mans, and other major race series. This is through one of the largest professional online library of motorsports photos and HD video, race results, locations, race team profiles, and other unique content.
Last month, Net Element announced that they acquired the remaining 20 percent of the outstanding shares in their subsidiary Motorsport.com. Net Element previously acquired 80 percent of Motorsport.com's shares in February 2011. Three of the four original Motorsport.com shareholders will continue to support Net Element on a consulting basis. Motorsport.com has developed 3-D technologies that will change the way fans follow races in live online environments while interacting with other motorsports enthusiasts. Furthermore, advertisers will have a new platform to target audiences.
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