Abstract: An electronic system (and corresponding method) for creating and managing media content involves at least one content management system (CMS) and a service. The CMS is configured to interact with at least one first-type user in order to create and manage media content for publication. The service is configured to interact with a plurality of second-type users in order to submit media content items that are associated with media content managed by the CMS and to store such media content items. Both the CMS and the service include corresponding interfaces that allow for exchange of electronic messages therebetween via network communications over the Internet, wherein the electronic messages conform to a predefined protocol.

Abstract: An improved system and method for facilitating a transaction between a buyer and one of a number of sellers is provided. The transaction is related to a project specified by the buyer. A set of sellers are identified from a database. A flow control process operates over a number of processing cycles. In each processing cycle, the flow control process selects sellers from the set for classification as sellers of a particular type (“Invited Sellers”). The system automatically enables at least one action carried out by the sellers of the particular type. The duration of the processing cycles preferably varies over the processing cycles and is derived from a time period specified by the buyer as well as a predetermined constant that results in exponential reduction of the process cycle durations.