OTCBB: CWRL, public markets. (reverse merger announced May 31, 2007, finalized Aug. 16, 2007).
Competitors
User-generated content and social networking sites built by networks of talented and passionate contributors like Facebook, Flickr, YouTube, MySpace, Evite. Also iTunes and other online music stores.
Product Description
CornerWorld (OTCBB: CWRL) combines social networking, content-sharing and business management tools to enable independent people to profit from their original digital works. CornerWorld builds from the best of people-generated media and offers fine controls for professionals and amateurs to set their own prices and manage the promotion and sale of their content. The CornerWorld platform combines live video streaming and capture, blogs, chat, interactive classified ads and invitations—all in one interactive, secure community.
Market Opportunity
Many of the 1.1 billion global Internet users enjoy, post and share digital content. Growing users of broadband-enabled mobile devices seek the entertainment, social networking and business benefits of the Web. Music is a primary market; eMarketer estimates worldwide online sales will reach $10.7 billion in 2007, outpacing physical copies in 2007.
DEMO Says
On one level, CornerWorld may appear to be another social video search site, but look beyond the obvious and you’ll find an environment geared toward the creative professional. The site delivers flexibility, yet control, in the sharing and distribution of their work. Success for any creative artist comes from his ability to market himself and his work. CornerWorld’s new environment is the platform for that success.