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Product Spotlight: AK.TV channel

May 14, 2001  •  Post A Comment

What it is: Hailed by its creator, Kanakaris Wireless, as “The 24-hour channel that goes where you go,” AK.TV is in the process of becoming an interactive TV channel that can be viewed worldwide on multiple platforms. This prospect is sparked by a proprietary encoding technology called CinemaWEAR, along with KANWIN, the Kanakaris Wireless Independent Network. The “WEAR” in CinemaWEAR stands for wireless entertainment asynchronous remote.
AK.TV’s goal is to get its programming to Pocket PCs, cellular phones, laptops, desktops, game consoles, TVs and set-top boxes. To date, the company said, viewers from more than 100 countries download its programming from its CinemaPop.com and WorldPop.com music scene Web sites.
Previews are scheduled in Cannes, France, this month at the Cannes Film Festival and MforMobile Conference; an official launch is expected in late June. Successful beta tests of AK.TV, including a webcast of the recent Kanakaris Wireless studio grand opening, have been completed.
Provider: Kanakaris Wireless, which trades on the Over-the-Counter Bulletin Board market as KKRS.OB. Hoover’s Online information service reported that Kanakaris “talks the talk of an online provider … but walks the walk of a computer console maker,” noting that the bulk of its revenue comes from subsidiary Desience, which designs, manufactures and installs console systems for computer command centers.
Revenues: “No one wants to pay for anything on the Internet,” said CEO Alex Kanakaris, who is well aware that entertainment sites have been struggling to prevent crashes and to get value from their businesses. He is confident of the company’s technology and plans to use AK.TV as a demonstration of its effectiveness as a distribution tool to other businesses to attract B2B revenues.
AK.TV will also adopt CinemaPop.com’s pay-per-view/subscription and sponsorship models. According to Mr. Kanakaris, AK.TV will have a minimum of five corporate sponsors lined up to advertise and/or directly sell products.
Content: AK.TV will tap into CinemaPop.com’s film library of more than 200 independent films, including works by Troma Entertainment-reputed to be the world’s oldest independent movie studio and a notable Cannes presence-which will introduce Kanakaris to the festival. AK.TV also plans to introduce originally produced content.