Revenue-generating electronic multi-media exchange and process of operating same
AssigneeVirtual Creative Artists, LLC
InventorsMichael J. Tota, Kenneth T. Tota, Mark S. Tota, Ian D. Cohen
Life of this patent
Estimating the term…
Loading patent…
AssigneeVirtual Creative Artists, LLC
InventorsMichael J. Tota, Kenneth T. Tota, Mark S. Tota, Ian D. Cohen
Estimating the term…
In a process for creating media content, media submissions are requested and electronically received from end users and stored in a computer database. The submissions are searched for material to be included in the media content, and cross-checked against the other submissions for originality and timeliness. After the material is selected from one or more submissions, the content is developed and released to an audience for review. The end users whose submission material was included in the released content are rewarded. In one embodiment, third parties are permitted to access and search the submissions on an open exchange. The third parties can bid for rights in submissions on the open exchange. After receiving these bids, they are forwarded to the particular submission's end user for acceptance or rejection. Appropriate billing and payment processes are used to bill and pay the parties involved.
A computer program product that includes a computer-usable medium having a sequence of instructions which, when executed by one or more processors, causes said one or more processors to execute an electronic process for operating an electronic media exchange server system, said process comprising:
An electronic multi-media exchange computer server system coupled to the Internet and configured to receive and host a plurality of multi-media submissions, comprising:
Dependencies are inferred from the claim text.