The Goal of Aspire Entertainment Network is to....
1. Enables cross marketing of merchants between real and digital worlds
2. Exposes “neighborhood” brands across digital media assets and live programs
3. Cobrands “best of” and competitive programming on internet and on location
4. Creates co-brand series programming “in the hood” for distribution via social networks
5. Provides open access to XtraMedium media assets and consumer base
6. Effectively utilizes composite application programming for community development
In modeling Aspire, we considered the New Jersey Center for Performing Arts (NJCPA), in Newark, N.J., which turned a $1.1 million profit during its first year in operation in 1999. Event programming generated earnings of $10 million in the first year they opened and NJCPA has maintained that level since. Our addition of a native new media component will accelerate the revenue potential. As with NJCPA, each community project is initiated by building networks of advisory committees in both corporate, social, and municipal sectors of each target area.