Robert J. Dowling, editor-in-chief and publisher of The Hollywood Reporter, accepted the award on Wednesday at the 48th annual ceremony at New York's Waldorf-Astoria Hotel. Said Dowling: "We take great pride in winning the Neal Award. The editorial staff and the electronic media department of The Hollywood Reporter have been working for many years to make ours the best site in the business press. We are delighted that it is being recognized as such."

The Hollywood Reporter became the industry's first online delivery of entertainment news with the launch of its Web site in 1995, along with the first to create an e-mail edition to deliver breaking news items directly to users' computers. Hollywoodreporter.com is audited by Neilsen Net Ratings, which reports the site averages 175,000 unique users per month. VNU eMedia reports that more than two million page views are totaled per month (December 2001).

Hollywoodreporter.com delivers daily breaking news stories, feature-length articles and coverage of all major festivals, markets and events such as the upcoming Academy Awards. The site contains Web-only content including Martin Grove's "Filmmaker Focus" column that profiles such notable Hollywood players as Oliver Stone, Martin Scorsese and Robert Altman.

Top news-gathering and publishing organization The Hollywood Reporter serves the global entertainment industry with five editions: Daily (M-F), Weekly International, Online, E-Mail and THR-East. The Hollywood Reporter is published by VNU Business Publications USA. Netherlands-based VNU is the world's largest organization of entertainment-related publications and services.

Founded in 1907, American Business Media is the industry association for global information providers that produce magazines, newsletters, CD-ROMs, Web sites, trade shows and other media reaching an audience of more than 88.9 million professionals and generate more than $239 billion in industry revenues.