STOCK TITAN

IZEA Invites Celebrities & Professional Speakers to Join Shake™

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

IZEA Worldwide announces the launch of Shake, a virtual marketplace enabling public figures to connect with fans through personalized video shout-outs and corporate keynotes. Shake allows influencers and other creators to set their prices for digital services, enhancing fan engagement and business opportunities amidst the ongoing COVID-19 pandemic. Founder Ted Murphy highlights the platform's potential to reshape virtual events and diversify income for public figures, catering to an increasing demand for interactive experiences.

Positive
  • Launch of Shake presents new revenue streams for public figures.
  • Enhances engagement between fans and public figures through personalized interactions.
  • Provides companies with access to virtual speakers for events and meetings.
Negative
  • None.

Orlando, Florida, June 30, 2020 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands, today announced that Shake will facilitate virtual appearances. The platform will allow users to hire public figures for fan “Shout-Outs”, meetings, and conference keynote sessions, both live and pre-recorded. The public figures invited to join Shake include traditional professional corporate speakers as well as influential social media figures, celebrities, artists, musicians, and entrepreneurs.

Shake is a new online marketplace that allows creators of all types to offer their services, delivered digitally, for a self-determined price. Influencers, photographers, writers, podcasters, streamers, and now public figures can use IZEA’s Shake to collaborate and transact with buyers online.

Fan Video Shout-Outs & Zoom Calls
Shake will allow fans of public figures to purchase video “Shout-Outs” for their personal use. They will also be able to purchase video conference calls on platforms such as Zoom to be able to talk directly to the people they admire.

Corporate Keynotes & Zoom Calls
Companies will be able to contract traditional corporate speakers as well as non-traditional speakers such as artists, musicians, entrepreneurs and others for both pre-recorded and live conference sessions.

“Coronavirus has caused a fundamental shift in the events industry, impacting everything from professional sports and concerts to industry tradeshows and corporate gatherings,” said IZEA Founder and CEO Ted Murphy. “It is unknown when people will feel comfortable returning to large scale public events, and that is having a dramatic impact on those who make their living from public gatherings.”

“Companies and trade groups are turning to virtual conferences and company meetings to fill gaps in education, community building, entertainment, and motivation,” continued Murphy. At the same time, individual fans of public figures of all types are clamoring for a more intimate connection to those that they follow.”

“We see Shake as an ideal platform to help businesses find and hire dynamic virtual speakers, whether it be for a smaller one-off company meeting to rally the troops, or for a larger scale virtual event,” continued Murphy. “It is also an opportunity for individual fans of public figures to connect with them in a whole new way. Shake will present a revenue generating opportunity for public figures both now and into a post COVID-19 future, helping them both diversify their revenue streams and reach new potential buyers of their services.”

Public figures who would like to join Shake can visit https://shake.izea.com.

About IZEA Worldwide, Inc.
IZEA Worldwide, Inc. (“IZEA”) operates IZEAx, the premier online marketplace that connects marketers with content creators. IZEAx automates influencer marketing and custom content development, allowing brands and agencies to scale their marketing programs. IZEA creators include celebrities and accredited journalists. Creators are compensated for producing unique content such as long and short form text, videos, photos, status updates, and illustrations for marketers or distributing such content on behalf of marketers through their personal websites, blogs, and social media channels. Marketers receive influential content and engaging, shareable stories that drive awareness. For more information about IZEA, visit https://izea.com/.

Safe Harbor Statement
All statements in this release that are not based on historical fact are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “may,” “will,” “would,” “could,” “should,” “expects,” “anticipates,” “estimates,” “believes,” “intends,” “likely,” “projects,” “plans,” “pursue," “strategy” or “future,” or the negative of these words or other words or expressions of similar meaning. Examples of forward-looking statements include, among others, statements we make regarding expectations concerning IZEA’s ability to increase revenue and improve Adjusted EBITDA, expectations with respect to operational efficiency, and expectations concerning IZEA’s business strategy. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including, among others, the following: our ability to raise additional funding needed to fund our business operation in the future, uncertainty relating to the effects of COVID-19, competitive conditions in the content and social sponsorship segment in which IZEA operates; failure to popularize the IZEAx marketplace platform; inability to finance growth initiatives in a timely manner; our ability to satisfy the requirements for continued listing of our common stock on the Nasdaq Capital Market; changing economic conditions that are less favorable than expected; and other risks and uncertainties described in IZEA’s periodic reports filed with the Securities and Exchange Commission. The forward-looking statements made in this release speak only as of the date of this release, and IZEA assumes no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by law.

Martin Smith
IZEA Worldwide, Inc.
Phone: 407-674-6911
Email: ir@izea.com

FAQ

What is Shake launched by IZEA?

Shake is a virtual platform that allows users to hire public figures for personalized video messages and corporate keynotes.

How does Shake benefit public figures?

Shake provides public figures with a new revenue-generating opportunity and allows them to connect with fans.

When was Shake announced?

Shake was announced on June 30, 2020.

What type of services can be purchased on Shake?

Users can purchase video shout-outs and video conference calls with public figures.

What impact has COVID-19 had on IZEA's services?

COVID-19 has led to a shift towards virtual events, increasing demand for services like Shake.

IZEA Worldwide, Inc.

NASDAQ:IZEA

IZEA Rankings

IZEA Latest News

IZEA Stock Data

40.89M
12.42M
26.81%
8.41%
0.22%
Internet Content & Information
Services-advertising
Link
United States of America
ORLANDO