Business News
Private Media Group Launches 50 Niche Sites
2008-07-24 08:13:00
Private Media Group Launches 50 Niche Sites
BARCELONA, Spain, July 24 /EMWNews/ -- Private Media Group, Inc.(Nasdaq: PRVT) a worldwide leader in premium-quality adult entertainment content today announced the launch in Q3 of over 50 Internet niche sites aimed at diversifying its offering and increasing the proliferation of Private's content on the web alongside its flagship site, http://www.private .com. The niche sites form an important new network delivering content sourced from Private's vast library categorized according to genre and theme. The plan is to grow this network around three core sites to a total of over 100 niche sites by year end 2008. The sites are targeted to satisfy a variety of consumer interests with niche specific content and are also offered to Private's affiliate network, http://www.privatecash .com. Private's Director of Online Media, Israel Garcia, explained: "The niche site strategy is expected to generate significant incremental revenues and contribution to operating profit through substantially increasing shelf-space, traffic and conversion rates. In addition, it enables us to take advantage of additional up-selling and cross-selling opportunities. The new sites have been in development for over a year and are part of the ongoing evolution and growth of Private's global online diversification strategy."
About Private Media Group With its 40 year track record, NASDAQ listed Private Media Group is a brand-driven world leader in adult entertainment and distributes premium quality content globally via a wide range of platforms including more than 900 million mobile telephone handsets, IPTV/VOD, broadband Internet, television broadcasting, DVDs and magazines. Private Media Group owns the worldwide rights to its extensive archive of high-quality content, and also licenses its Private and "Silver Girls" trademarks internationally for a select range of luxury consumer products. Private's vision is to be the world's preferred content provider of adult entertainment to consumers anywhere, at any time and across all distribution platforms and devices. 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 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: Simon Jordan Marketing Department Private Media Group Tel +34 93 620 80 90 [email protected]
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