NT Media Corp. Plans to Launch Multi-Platform Digital Media Services
Posted on: Wednesday, 23 August 2006, 09:00 CDT
NT Media Corp. (OTCBB:NTMM), a diversified media and entertainment company, announced today that it plans to launch Multi-Platform digital media services. The platforms will include PCs, mobile devices, and digital TVs.
As the growth in broadband availability was not as vibrant as previously forecasted, the Company pursued a strategy of diversification into feature film production and other forms of media. Given the recent shift in consumer preferences to online mobile content, the Company is planning to, once again, become more active in digital media programs. The biggest markets of mobile media are television and podcasts. Major networks such as CBS, NBC, ABC, and FOX have all made television shows available for purchase through services such as iTunes and Google Video.
"We plan to initiate our Digital Media services by offering licensed content from our neurotrash.com website and follow it up by producing original content tailored for the digital media space," 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.
Source: Business Wire
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