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Private Signs Exclusive Agreement With Acclaimed Movie Director Michael Ninn

Private Media Group : November 26, 2001 5:55 pm : Corporate Press Releases

/PR Newswire/ — Private Media Group Inc. a worldwide leader in premium-quality adult entertainment products, services and internet content, today announced that Michael Ninn has signed an exclusive agreement with the company as a movie director. Michael Ninn has already started the development of his first Private feature, which is an animated movie called “2funky4u,“ to be released during the Cannes Film Festival in France, May 2002.

“Michael Ninn is one of the best selling movie directors in our industry,“ said Berth Milton, CEO of Private Media Group. “The movies he has directed are entertaining and innovative. We are very pleased that he has decided to work with us.“ Michael Ninn started to direct his own full-length feature adult titles in 1992 after working alongside other leading industry directors. He is known for directing quality movies in a creative and artistic manner and has gained a reputation for enhancing each production with special effects. Michael Ninn is one of the most acclaimed directors in the adult entertainment industry. Over the past few years he has received over fifty awards including “Best Film,“ “Best Video,“ “Best Director,“ “Best Art Direction,“ “Best Editing“ and “Best Special Effects“ from AVN, XRCO and Hot D`or. He began his career in television advertising as a writer of jingles, and later became a director of an American cable show featuring prominent celebrities. “Private is creating some of the best adult entertainment content,“ said Mr. Ninn. “I`m thrilled to have the opportunity to contribute to Private`s movie library. I`ve admired the work of Private for years and I hope to provide them with many future blockbuster titles.“

About Private Media Group A leading publicly-quoted global adult entertainment company, Private Media Group Inc., is the founder of the globally established brand name `Private` and has positioned itself in the marketplace with a visionary management strategy that combines both New Media (Internet, multimedia, e-commerce) and Traditional Media (videos, magazines) business models. Maintaining a total adult lifestyle philosophy, this is reflected in the Company`s broad range of products and services, both proprietary and licensed, and its strategic policies of development, diversification and acquisition. Disclaimer This release contains, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company`s current judgements of those issues. However, because those statements are forward-looking and apply to future events, they are subject to such risks and uncertainties, which could lead to results materially different than anticipated by the Company. For further information please contact:
Alejandra Moore Mayorga
Tel: +34 91 531 23 88
amoore@grupoalbion.net
www.prvt.com
SOURCE: Private Media Group Inc.

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PRVT: Private Media Group Announces Distribution Agreement With NTL Network for Private Blue

Private Media Group : November 19, 2001 5:56 pm : Corporate Press Releases

PR Newswire/ — Private Media Group Inc., a worldwide leader in premium-quality adult entertainment products, services and Internet content, in a joint announcement with Zone Vision Enterprises Limited, the London-based thematic channel producer and distributor, confirmed that a distribution agreement has been signed with NTL, a leading broadband communications company. Private and NTL expect the agreement to expand the viewership of the adult entertainment channel Private Blue in the United Kingdom.

NTL offers a wide range of communications services to homes and business customers throughout the UK, Ireland, Switzerland, France, Germany and Sweden. NTL and its affiliates collectively serve over 8.5 million residential cable telephony and Internet customers, and in the UK, over 11 million homes are located within NTL`s fibre-optic broadband network. NTL also has a 40-year history in Broadcast TV and radio transmission and helped pioneer the technologies of the digital age. Twenty-two million homes receive ITV, C4 and C5 thanks to NTL`s broadcast transmitters. Private Blue is expected to launch on the NTL platform this month and will be broadcasted from 20.30 to 04.00 seven nights a week. The channel`s range of top quality erotic programming will initially be available to over one million NTL digital cable subscribers on a pay per night basis and eventually may be offered on a monthly subscription basis. Private Blue is one of the most successful adult entertainment channels in the UK, broadcasted on both the BSkyB and Telewest platforms. This success can be attributed to its innovative structure, which consists of original movies and special features. The channel caters exclusively to adults and aims to satisfy their taste with the most varied erotic programming on television. Chris Wronski, Zone Vision CEO said: “We are delighted to launch Private Blue on NTL. I am sure that the high quality programming will prove very popular, bringing greater visibility to the channel in the UK.“ For over ten years the Zone Vision Group has developed a pre-eminent market position as a thematic channel broadcaster and distributor of international satellite channels. In addition to Private Blue, Zone Vision currently owns or operates the following channels: Reality TV, Romantica, Le Cinema, Europa Europa, Showtime and E! Entertainment. The company`s channels are available to approximately 27 million homes in over 190 countries. In addition to its head office in London, Zone Vision currently has 13 regional offices. With over 350 specialist personnel the Company`s commitment to understanding and addressing the unique business needs of international broadcasting is exceptional. Activities conducted by the Zone Vision Group include channel creation and management, channel representation, program sales and distribution, studio production services and Internet services.

About Private Media Group A leading publicly-quoted global adult entertainment company, Private Media Group Inc., is the founder of the globally established brand name `Private` and has positioned itself in the marketplace with a visionary management strategy that combines both New Media (Internet, multimedia, e-commerce) and Traditional Media (videos, magazines) business models. Maintaining a total adult lifestyle philosophy, this is reflected in the Company`s broad range of products and services, both proprietary and licensed, and its strategic policies of development, diversification and acquisition. Disclaimer This release contains, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company`s current judgments of those issues. However, because these statements are forward-looking and apply to future events, they are subject to unpredictable circumstances, which could lead to results materially different from those anticipated by the Company. For further information please contact:
Alejandra Moore Mayorga
Tel: +34 91 531 23 88
amoore@grupoalbion.net
www.prvt.com
For more information about Zone Vision, please visit its Web site at www.zonevision.co.uk. For further details about Private Blue please www.privateblue.com, or contact in London: Agnieszka Somerville on +44 20 7328 8808 or e-email agnieszka.somervile@zonevision.com SOURCE: Private Media Group Inc.; Zone Vision Enterprises Limited

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PRVT: Private Media Group Announces a 45% Increase in Revenues And 97% Increase in Net Income for the Nine Months Ended September 30, 2001

Private Media Group : November 14, 2001 5:57 pm : Corporate Press Releases

PR Newswire/ — Private Media Group Inc.), a worldwide leader in premium-quality adult entertainment products, services and Internet content, is pleased to announce revenues of $25.0 million for the nine months ending September 30, 2001, compared to $17.3 million for the same period last year, an increase of 45%. Net income for the period was $7.0 million compared to $3.6 million for the comparable period last year, an increase of 97%. The increase in revenue and net income for this period has been achieved by continued growth in sales generated from new media (Broadcasting, Internet and DVD), which also contribute better margins by leveraging content also used for videos and magazines. The Company expects to continue to benefit from the trend towards new media and expects the current year to show considerable growth in revenue and, more significantly in net income.

Sales of videos increased slightly during the period and sales of magazines remained approximately the same as those achieved last year. During the nine months ended September 30, 2001 total new media sales increased 108%, to $14.9 million, in comparison with September 30, 2000. For the three month period ended September 30, 2001, revenues and net income increased 29% and 33% over the equivalent period last year, to $8.1 million and $2.1 million respectively. The new media division accounted for sales of $5.5 million, an increase of 75%. Berth Milton, Chairman and CEO commented: “Quarter after quarter, we continue to demonstrate our ability to consistently deliver substantial growth in revenues and earnings. Our growth in sales and net income were slightly above our expectations.“ Mr. Milton continued: “We believe that our third quarter results further reinforce the viability of our long-term strategic vision at Private Media. Going forward we are focused on accelerating the roll-out of our broadcasting and broadband platforms as well as introducing mobile services for GPRS, 3G and other devices such as PDAs.“

(In thousands, except per share amounts)
Three months ended September 30,
Revenue
2001
2000
Net Income (loss) 8,130 6,323
2,087 1,569
Weighted average common and common equivalent shares outstanding:
Basic 28,142,565 27,173,869
Diluted 49,649,600 48,905,514
Net Income (loss) per common and common equivalent share:
Basic 0.06 0.05
Diluted 0.04 0.03
(In thousands, except per share amounts)
Nine months ended September 30,
2001
2000
Revenue 25,036 17,283
Net Income (loss) 7,007 3,555
Weighted average common and common equivalent shares outstanding:
Basic 28,032,075 27,110,716
Diluted 49,525,120 49,194,935
Net Income (loss) per common and common equivalent share:
Basic 0.21 0.10
Diluted: 0.14 0.07

The Company`s principal currency is Swedish Kronor (“SEK“). Solely for the convenience of the reader, the accompanying financial information as of September 30, 2001, 2000 and for the three months then ended have been translated into United States dollars (“USD“) at the rate of SEK 10.66 per USD 1.00 the exchange rate of the Swedish Riksbank on September 30, 2001. The translations should not be construed as a representation that the amounts shown could have been, or could be, converted into US dollars at that or any other rate. About Private Media Group A leading publicly-quoted global adult entertainment company, Private Media Group Inc., is the founder of the globally established brand name `Private` and has positioned itself in the marketplace with a visionary management strategy that combines both New Media (Internet, multimedia, e-commerce) and Traditional Media (videos, magazines) business models. Maintaining a total adult lifestyle philosophy, this is reflected in the Company`s broad range of products and services, both proprietary and licensed, and its strategic policies of development, diversification and acquisition. Disclaimer This release contains, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company`s current judgments of those issues. However, because these statements are forward-looking and apply to future events, they are subject to unpredictable circumstances, which could lead to results materially different from those anticipated by the Company. For further information please contact:
Alejandra Moore Mayorga
Tel: +34 91 531 23 88
amoore@grupoalbion.net
www.prvt.com
SOURCE: Private Media Group Inc.

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Private Announces Agreement With Quadriga to Provide Adult Content to Hotels Worldwide

Private Media Group : October 31, 2001 3:40 pm : Corporate Press Releases

/PR Newswire/ — Private Media Group Inc. a worldwide leader in premium-quality adult entertainment products, services and internet content, today announced it has signed an agreement for the provision of adult films to a leading European hotel entertainment and service provider Quadriga Worldwide.

According to the agreement, Quadriga will have access to a wide selection of titles from Private Media Group`s library of films, once described as the “MGM archive of the adult industry“ by Forbes magazine, and the right to make these films available to hotel guests. The Private brand will have a potential exposure to Quadriga`s current annual audience of 100 million high profile hotel guests. Based in the UK, with operations in 30 countries and 6,350 hotels under contract, Quadriga provides around 321,000 hotel rooms worldwide with interactive entertainment and information services. In April, Quadriga launched Genesis, a revolutionary on-demand digital entertainment and information system. Genesis delivers on-demand adult entertainment, blockbuster movies, sports, comedy and children`s programmes, a jukebox and high speed integrated internet access via the hotel TV and guest laptop. Among Quadriga`s key customers are leading hotel chains Best Western International, Scandic Hotels, Choice Hotels, Starwood Hotels and Resorts, Six Continents Hotels, Accor Hotels, Carlson Hospitality Worldwide, Marriott Hotels, Thistle Hotels and Societe du Louvre. Berth Milton, CEO of Private Media Group, commented: “This is the first in a series of deals that we expect to enter into; we have initiated negotiations with all the leading hotel entertainment providers in the world. This agreement represents further proof of Private`s established position as the preferred partner of choice for leading companies in a wide range of business areas.“ Mr. Milton continued: “Our deal with Quadriga shows the value of our library of premium adult content as it allows us to deal with one of the top players in what is a new and promising market for our products.“ About Private Media Group A leading publicly-quoted global adult entertainment company, Private Media Group Inc., is the founder of the globally established brand name `Private` and has positioned itself in the marketplace with a visionary management strategy that combines both New Media (Internet, multimedia, e-commerce) and Traditional Media (videos, magazines) business models. Maintaining a total adult lifestyle philosophy, this is reflected in the Company`s broad range of products and services, both proprietary and licensed, and its strategic policies of development, diversification and acquisition. Disclaimer This release contains, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company`s current judgements of those issues. However, because those statements are forward-looking and apply to future events, they are subject to such risks and uncertainties, which could lead to results materially different than anticipated by the Company.

For further information please contact:
Alejandra Moore Mayorga
Tel: +34 91 531 23 88
amoore@grupoalbion.net
www.prvt.com
For further information about Quadriga, please contact: Louise Harvey, +44 208 987 6844, louise.harvey@quadriga.com. SOURCE: Private Media Group Inc

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Private Media Group Named One of Forbes` 20 Best Small Companies In the World for 2002

Private Media Group : October 17, 2001 3:41 pm : Corporate Press Releases

/PR Newswire/ — Private Media Group Inc., a worldwide leader in premium-quality adult entertainment products, services and internet content, has been included in the Forbes Global Magazine list of the World`s 20 Best Small Companies to watch in 2002.

The list compiled by Forbes comprises publicly traded companies, with sales of less than $500 million, that have posted strong track records of growth for both revenue and earnings. According to Forbes, from a total over 20,000 companies “we have chosen 20 companies that we believe are the cream of the crop in the universe of small companies. They have been highly recommended by our sources for their strong growth prospects, impressive management and innovative products and services.“ The Forbes list of the Best 200 Small Companies in the World is included in the October 29, 2001 issue of Forbes Global, which is currently available on newsstands. Berth Milton, CEO of Private Media Group, said, “We are pleased that our efforts over recent years are finally being recognized and that people are starting to take notice. We remain focused on delivering positive results in the long term and look forward for the opportunities ahead. We believe that our position in the Forbes list is well earned.“ About Private Media Group A leading publicly-quoted global adult entertainment company, Private Media Group Inc., is the founder of the globally established brand name `Private` and has positioned itself in the marketplace with a visionary management strategy that combines both New Media (Internet, multimedia, e-commerce) and Traditional Media (videos, magazines) business models. Maintaining a total adult lifestyle philosophy, this is reflected in the Company`s broad range of products and services, both proprietary and licensed, and its strategic policies of development, diversification and acquisition.

Disclaimer This release contains, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company`s current judgments of those issues. However, because these statements are forward-looking and apply to future events, they are subject to unpredictable circumstances, which could lead to results materially different from those anticipated by the Company. For further information please contact:
Alejandra Moore Mayorga
Tel: +34 91 531 23 88
amoore@grupoalbion.net
www.prvt.com
SOURCE: Private Media Group Inc.

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