August 18, 2009 (FinancialWire) — Gen2Media Corp. (OTCBB: GTWO), a fully integrated digital media, technology and marketing company, has signed Video Network License and joint venture Agreements with Emmis Communications Corp. (NASDAQ: EMMS) to develop ad-supported online television channels for Chicago’s Q101, America’s most influential alternative rock station found on the Internet at www.Q101.com, and The Loop 97.9, one of Chicago’s top rated Rock stations, found at www.WLUP.com.

The new Internet TV channel created by Gen2 for Q101 is now live and airing music videos, in-studio interviews and performances and Q101 special events. The Loop’s Internet TV channel will be launched within the next 30 days.

Since mid-2008, Gen2Media and Emmis have collaborated on the creation and implementation of ad-supported online television channels at Emmis stations serving the nation’s top two radio markets: New York City and Los Angeles, including HOT 97, 98.7 KISS-FM, 101.9 RXP, Power 106 and Movin 93.9. Chicago is the third largest radio market in the country.

“Results speak volumes,” noted Benjamin Finley, VP, Branded Entertainment at Emmis Communications in New York. “Gen2’s video publishing platform and Smart Content Management System(tm) has fast proven to be highly effective at helping Emmis to materially deepen and enrich our engagement with our radio brands’ audiences through the delivery of highly interactive and experiential online video entertainment. Moreover, Gen2’s powerful, multi-dimensional, advertising platform is helping us to attract much more meaningful ad spend from both local and national advertisers, alike, while promoting innovative ideas for new revenue generation opportunities for our company. We are very pleased to be expanding our relationship with our friends and business partners at Gen2 and look forward to working with them to achieve our mutual goals and perpetuating our mutual success.”

“A noted and respected thought leader in the changing media landscape, Emmis has clearly recognized that there is a tectonic shift underway in radio, fueled by the convergence of on-air and online news and entertainment and the power of online video,” stated Mary Spio, president of Gen2Media. “As such, partnering with a company of Emmis’ world class stature and industry influence is further validating that our proprietary, patent pending video delivery platform is indeed deemed trusted and highly differentiated. In turn, this is helping to rapidly earn distinction for Gen2Media as an industry leader in our own right.”

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