DMGI Announces New Channel Partnership With mSpot
17 Mai 2007 - 1:00PM
PR Newswire (US)
Deal Adds DMGI TV and Film Content to the mSpot's Mobile Movie
Services SACRAMENTO, Calif., May 17 /PRNewswire-FirstCall/ --
Digital Music Group, Inc. (NASDAQ:DMGI), a content owner and global
leader in the digital distribution of independently owned music,
television, film and video catalogs, today announced it will begin
offering its television and film content through mSpot, a leader in
mobile multimedia entertainment. Mitchell Koulouris, Chief
Executive Officer of DMGI, said, "We believe that mobile video is
an important potential growth area for DMGI, and we are very
pleased to be working with mSpot to make our content available
across a number of key North American mobile carriers." DMGI
currently controls the digital distribution rights to more than
4,000 hours of video content, ranging from classic television
favorites such as Gumby, I Spy, My Favorite Martian, and The Mr.
Bill Show to comedy from Sam Kinison, Andrew Dice Clay, and Jamie
Foxx, to contemporary content from superstar illusionist Criss
Angel. mSpot's mobile music, radio, TV and movie services enable
carriers to deliver exciting, consumer-centric entertainment to
mobile phones. Today, more than one million consumers across North
America use mSpot's services to discover, manage, purchase, and
enjoy music, live radio, podcasts, videos, and films from the
biggest names in entertainment, including Buena Vista VOD,
ClearChannel, ESPN, Lionsgate, Marketwatch, Radio Disney and
Universal Pictures. mSpot powers entertainment services in the U.S.
for Sprint and U.S. Cellular, and in Canada for TELUS and Bell
Mobility. mSpot is the latest in a growing list of digital video
services added to the DMGI distribution network that includes
Joost, Amazon Unbox, YouTube, the iTunes Store, Google Video, and
In2TV, among others. DMGI is planning to make its video catalog
available to mSpot starting in the summer of 2007. For more
information on the DMGI video catalog, please visit
http://www.dmgi.com/video/. About DMGI Founded in 2005, Digital
Music Group Inc. (NASDAQ:DMGI) is a content owner and global leader
in the digital distribution of independently owned music and video
content. DMGI acquires the digital rights to media catalogs and
digitally encodes them into multiple formats for distribution to
digital entertainment services operating over the Internet and
wireless, cable and mobile networks. Our digital entertainment
service partners include: the iTunes Store, Google Video, YouTube,
AOL/In2TV, RealNetworks, Napster, Wal-Mart Music, MusicNet,
Verizon, Sprint, InfoSpace, Moderati, Zingy, 9 Squared, and many
others. For more information, please visit http://www.dmgi.com/.
Digital Music Group is a trademark of Digital Music Group, Inc.
Other names mentioned herein are the property of their respective
owners. Forward-Looking Statements This release contains
forward-looking statements (including, without limitation,
information regarding DMGI's distribution of videos through digital
entertainment services, including mSpot) that involve risks and
uncertainties that could cause the results of DMGI to differ
materially from management's current expectations. Actual results
may differ materially due to a number of factors including, among
others: unforeseen difficulties assembling and processing the video
content; the market demand for digital video recordings and
potential changes in consumers' tastes and preferences in video;
and our dependence on digital entertainment services for the
distribution and sale of our video content. The matters discussed
in this press release also involve risks and uncertainties
described in DMGI's most recent filings with the Securities and
Exchange Commission, including its Annual Report for 2006 on Form
10-K filed with the SEC on March 30, 2007 and its Quarterly Report
on Form 10-Q filed with the SEC on May 14, 2007. Digital Music
Group assumes no obligation to update the forward-looking
information contained in this release. Press Contact Allen &
Caron, Inc.: Len Hall, VP Media Relations, Telephone: (949)
474-4300 e-mail: Len@allencaroncom Investor Relations Contact
Digital Music Group, Inc.: Karen Davis, Chief Financial Officer,
Telephone: (916) 239-6010 x2505 Allen & Caron Inc.: Jesse Deal,
Account Manager, Telephone: (212) 691-8087, e-mail: DATASOURCE:
Digital Music Group, Inc. CONTACT: Press, Len Hall, VP Media
Relations, +1-949-474-4300, Len@allencaroncom, or Investor
Relations, Jesse Deal, Account Manager, +1-212-691-8087, , both of
Allen & Caron Inc., for Digital Music Group, Inc.; or Karen
Davis, Chief Financial Officer of Digital Music Group, Inc.,
+1-916-239-6010, ext. 2505 Web site: http://www.dmgi.com/video Web
site: http://www.dmgi.com/
Copyright
Digital Music (MM) (NASDAQ:DMGI)
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