Auction Network is a 24-hour

Internet The Internet (or internet) is the Global network, global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a internetworking, network of networks ...

and cable

television Television (TV) is a telecommunication medium for transmitting moving images and sound. Additionally, the term can refer to a physical television set rather than the medium of transmission. Television is a mass medium for advertising, ...

channel that allows viewers to participate remotely in

auctions An auction is usually a process of Trade, buying and selling Good (economics), goods or Service (economics), services by offering them up for Bidding, bids, taking bids, and then selling the item to the highest bidder or buying the item from th ...

taking place throughout the world. Viewers become “virtual bidders” in live auctions of items, including automobiles,

collectibles A collectable (collectible or collector's item) is any object regarded as being of value or interest to a collector. Collectable items are not necessarily monetarily valuable or uncommon. There are numerous types of collectables and terms t ...

, million dollar thoroughbreds, art, wine collections, and sports and celebrity

memorabilia A souvenir (French language, French for 'a remembrance or memory'), memento, keepsake, or token of remembrance is an object a person acquires for the memory, memories the owner associates with it. A souvenir can be any object that can be collecte ...

, among other things, with a portion of proceeds occasionally being donated to charity.

History

The network launched October 28, 2007 as an Internet television network with streaming video, interactive

bidding Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service ''or'' a demand that something be done. Bidding is used to determine the cost or value of something. Bidding can be performed b ...

capability,

Video On Demand Video on demand (VOD) is a media distribution system that allows users to access videos, television shows and films Digital distribution, digitally on request. These multimedia are accessed without a traditional video playback device and a typica ...

and gaming content. The cable and satellite television platforms was launched in 2008. Supported by the National Auctioneers Association (NAA), Auction Network is the first network dedicated entirely to the global auction industry.

References

External links

* {{Official website, www.auctionnetwork.com

Television networks in the United States Online auction websites of the United States