NT Media Corp. Enters Agreement With Apple iTunes Affiliate Program Monday November 13, 7:30 am ET
LOS ANGELES, Nov. 13, 2006 (PRIMEZONE) -- NT Media Corp. (OTC BB:NTMM.OB - News), a diversified media and entertainment company, announced today that it has joined the iTunes affiliate program. Through the program NT Media's music division, NT Music, will be able to display the iTunes logo on its site and generate commissions by purchases made through links to the iTunes store. ADVERTISEMENT
Last week, the company announced its first artist to be distributed on iTunes, ``Mikey Mo the MC.''
NT Music will be able to link its website to 2 million tracks from all four major labels and 1,000 independents, plus 16,000 audiobooks and over 35,000 podcasts available on the iTunes store. 42 percent of Apple's revenue comes from music, which was up 36 percent year over year. iPod shipments grew 35 percent to 8.73 million; more than 39 million were sold during the year. CFO Pete Oppenheimer said Apple estimates that over 70 percent of 2007 model year cars sold in the U.S. will offer direct iPod integration as an option.
``Joining the iTunes affiliate program will allow us to enhance our site and have access to marketing material designed by Apple, and generate revenues through the affiliate program,'' said Ali Moussavi, CEO of NT Media Corp.
About NT Media
NT Media Corp. is a publicly traded diversified entertainment and Media Company based in Los Angeles, California with operations in film and television production and finance.
Forward-Looking Statements
Certain statements in this news release may constitute ``forward looking'' statements within the meaning of section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ.
Contact: NT Media Corp. Ali Moussavi (323) 445-4833 contact*ntmedia.tv Los Angeles, CA
posted
Forget about that one, it's a loser, I sold my position with a small loss, thought it had some potential, it turned out to be wrong.
Posts: 819 | Registered: Apr 2006
| IP: Logged |
posted
NT Media Corp. Music Division Content to be Distributed on Microsoft's MSN Music 7:30a ET November 14, 2006 (Business Wire) NT Media Corp. (OTCBB:NTMM), a diversified media and entertainment company, announced today that it has signed an agreement to distribute its music on MSN Music, the online music store from Microsoft (NASDAQ:MSFT) and numerous other digital music stores, including mobile platforms and subscription services.
"When we launched our music division, we made the decision to focus on digital distribution. We are very excited to have our first artist to be distributed on Microsoft's MSN Music," said Ali Moussavi, CEO of NT Media Corp.
The distribution deal with MSN Music is through a collaborative distribution agreement with Shelter From the Storm Records and includes numerous internet destinations and mobile download platforms.
About Shelter From the Storm Records
Founded in December 2005, privately-held Shelter From the Storm Records is an operating unit of Sanctuary Entertainment, Inc. (not affiliated with The Sanctuary Group), which includes a record company and publishing unit, recording studio facility and mobile publishing group, Thumb Candy. The company is focused on broadband content development, deployment and sales. Sanctuary was founded in 2004 by music producer Barry Fasman and video game executive Vincent Bitetti. Fasman has dozens of hit records among his credits (including a producer of the year award in Great Brittan). Bitetti has been in the interactive space since 1990, having sold millions of video game titles at Sound Source Interactive and TDK mediactive. The management team consists of video game and music professionals well-versed in technological trends, pop culture and brand marketing. Please visit www.shelterfromthestormrecords.com for more information.
About NT Media
NT Media Corp. is a publicly traded diversified entertainment and Media Company based in Los Angeles, California, with operations in film and television production and finance.
Forward-Looking Statements
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ.
SOURCE: NT Media Corp. of California
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
