30DC's MagCast Publishing Platform Announces One Millionth App Download One Year Following Launch
01 Juillet 2013 - 4:14PM
Marketwired
30DC, Inc. (OTC Pink: TDCH), a provider of web-based tools for the
monetization of digital content, today announced that total App
downloads for publications created using the MagCast digital
publishing platform have passed the one million mark. The total
number of individual issues of newspapers and magazines downloaded
is significantly higher given that some of the initial magazines
published in conjunction with the launch of MagCast just 12 months
ago have published ten or more issues.
30DC management believes that one million App downloads is a
significant milestone since almost all MagCast publications were
created from scratch, not digital replicas of established print
publications with name recognition and a natural, built-in native
audience. This clearly indicates that 30DC's MagCast network is
quickly becoming one of the world's top networks for startup
independent digital publications. Currently, there are
approximately 400 available MagCast publication Apps, in a wide
variety of niches, and as MagCast continues to expand its market
there are additional Apps coming online on a regular basis.
To date, 30DC has chosen a limited launch and has primarily
focused on product adaptation and uptake, working with its user
base of MagCast licensees to set up their digital publication
businesses. As MagCast enters its second year, 30DC management is
now focused on fulfilling MagCast's promise as a widely adopted
communication technology by dramatically ramping up its user base
and expanding its use into other markets like blogging.
According to a recent study by technology information provider
IDC, the worldwide smart connected device market is predicted to
"surge" with projected growth rates of 175% and 110% for tablets
and smartphones respectively (from 2012 to 2017). A consequence to
growth in devices is a burgeoning, parallel demand by consumers for
content. 30DC's Chairman Dr. Henry Pinskier commented, "The time is
right for self-publishers and independent content creators
worldwide who want to distribute their content on mobile devices,
and capitalize on being directly involved in the early stages of
the mobile revolution."
MagCast is a complete A to Z business system, including
everything needed for making money selling content and successfully
setting up a mobile business, and was created by marketers for
marketers. MagCast also has the most competitive pricing of all the
major platforms focused on Apple Newsstand, where currently 95% of
digital media subscriptions occur. This is a direct result of
almost 600 million iOS users with credit cards on file available to
make purchases in two seconds or less. MagCast charges a low
all-inclusive monthly fee of $297 per month, and does not charge
additional distribution service fees for each individual
publication download. MagCast does not require a large staff or
additional costs and fees to create and distribute a typical
MagCast publication.
30DC management believes the combination of three factors gives
MagCast the potential to break out as a widely adopted, next
generation communication service; the industry's most competitive
pricing, the company's experience in training over 200,000 people
through its "Challenge" division, and via MagCast having now
successfully replicated its program for mobile (including how to
successfully set up a revenue producing business selling content on
mobile devices).
Dr. Pinskier commented further, "We see MagCast as a
revolutionary communications tool almost like a next generation
blog tool. We have first mover opportunity with respect to using
our platform for this purpose and our potential target audience is
in the tens of millions of customers. In many ways, we are the
digital publishing platform for the masses. Every entrepreneur,
blogger, aspiring writer, website owner, and content creator is now
a potential customer."
About 30DC, Inc.
30DC provides web-based tools for the monetization of digital
content. For addition information on 30DC, please download a
corporate fact sheet.
This press release contains "forward-looking statements" within
the meaning of various provisions of the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995, commonly
identified by such terms as "believes," "looking ahead,"
"anticipates," "estimates" and other terms with similar meaning.
Specifically, statements about the Company's plans for accelerated
growth, improved profitability, future business partners, M&A
activity, new service offerings and pursuit of new markets are
forward looking statements. Although the company believes that the
assumptions upon which its forward-looking statements are based are
reasonable, it can give no assurance that these assumptions will
prove to be correct. Such forward-looking statements should not be
construed as fact. The information contained in such statements is
beyond the ability of the Company to control, and in many cases the
Company cannot predict what factors would cause results to differ
materially from those indicated in such statements. All
forward-looking statements in the press release are expressly
qualified by these cautionary statements and by reference to the
underlying assumptions.
For additional: Ted Greenberg CFO 30DC, Inc. Phone: 212-962-4400
Ext 83 E-mail: ted.greenberg@30dcinc.com http://www.30dcinc.com
30DC (PK) (USOTC:TDCH)
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