Private Media Group Partners with Content to Deliver Mobile Video to Exploding Asian Market
9 February, 2006 - Barcelona, Spain /PR Newswire/ -- Private Media Group Inc.
This groundbreaking deal will initially take Private’s content into Taiwan, Hong Kong, Singapore, Bangladesh, Malaysia and Brunei, with further territories to follow. The initiative will provide customized content and applications to mobile operators and end-users in the largest market for mobile content in the world.
Initial availability will be through wContent’s existing adult content portals on leading Asian mobile operators. In addition to video, the deal will bring a full range of mobile services to customers including 1-to-1, WAP and SMS chat, wallpapers, ring tones and erotic games, with technical development and content management provided by wContent.
Jeff Upthegrove, President and Chief Operating Officer of wContent commented: “The extraordinary quality and diversity of Private’s adult entertainment offering is an absolutely perfect fit for the unique demands of the Asian mobile content market. We are very excited to have the opportunity to bring such a premium brand into such an exciting and explosive new market”.
Berth Milton, CEO of Private Media Group commented: “Our business development in wireless is truly exciting, alone in Q4 2005 we went live with 11 new mobile operators, increasing our sales figure for this business line by some 100% when compared to the previous quarter. Additionally, we are launching our content with another 11 new mobile operators in Europe during Q1 2006. Following this successful roll-out in Europe, today’s agreement with wContent for Asia marks another milestone in our growing mobile content business”.
Tim Clausen, Director of Wireless Technologies at Private Media Group added, “Wireless has proven to be a growth driver for the media industry and our ability to successfully harness this potential, in the world’s principle mobile content market, will certainly add to the substantial returns we expect from this business line going forward”.
NOTES TO THE EDITORS:
About wContent. wContent is a global leader in mobile video distribution and development of mobile applications. From its headquarters in Seattle, USA, wContent has partnered with international brands and mobile operators to deliver state-of-the-art mobile videos since 2004. wContent has developed a sophisticated content management system, adaptive billing platform and innovative mobile sites that capture the heart and dollars of mobile users.
About Private Media Group. With its 40 year track record, Private is a leading global adult entertainment company that distributes its content over a wide range of media platforms, including narrow and broadband Internet, DVD and video, magazines, broadcasting and wireless technologies. It owns the worldwide rights to the largest archive of high quality adult content in the world, which it physically distributes in over 40 countries.
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:
Angela Carson
Private Media Group
Tel +34 93 590 70 70
press@private.com
SOURCE: Private Media Group, Inc.
