Peer Impact Partners With promosquad HitPredictor Allowing Members to Rate New Music and Earn Free Downloads
Peer Impact Partners With promosquad HitPredictor Allowing Members to Rate New Music and Earn Free Downloads
-Music Fans Can Now Help Determine the "Hit" Potential in New Tracks While Earning Points Redeemable for Peer Impact Digital Content-
SARATOGA SPRINGS, N.Y., March 7 /PRNewswire/ -- Wurld Media, creators of Peer Impact, the world's first legitimate P2P to have secured license agreements with all four of the major record labels, announced today that they have entered into a partnership arrangement with promosquad HitPredictor, the nation's leading predictive song research company. This partnership creates the opportunity for music enthusiasts to rate new music before it hits the market and to shine a spotlight on up-and-coming artists; while at the same time, earning points redeemable toward Peer Impact digital downloads.
Launched in the second half of 2005, Peer Impact's legal P2P file-sharing network offers a revolutionary model by allowing members to legally purchase and share digital content such as music, video games, and soon, movies and television shows, while earning cash-credit for serving as paid redistributors of this content to other members of the network. Peer Impact's unique technology rewards consumers for both sharing their bandwidth and for recommending digital entertainment selections to others.
Promosquad HitPredictor has predicted hundreds of hits over the past few years. Many major and independent record companies, artists, and artist managers now utilize promosquad HitPredictor's music research as a regular and essential part of their rollout of new music. Additionally, HitPredictor has become a popular tool used by radio programmers in guiding them to new songs which show the best potential to be added to their play lists.
With today's announced alliance, members of both services benefit from a cooperative model which allows promosquad members, who already earn points for rating songs, to redeem those points for cash-credit to spend on the Peer Impact Network. At the same time, Peer Impact members now have access to promosquad HitPredictor's charts, where they'll find songs which have been identified to possess "Hit potential" based on HitPredictor testing and analysis. Recent activity in preliminary market tests has shown significant results, highlighting the value for both music fans and tastemakers in this new endeavor. In addition, Peer Impact members are encouraged to join promosquad and "make a difference" by rating new songs and providing feedback on these tracks through their online polling system.
"We are very excited to enter into this partnership with promosquad which we feel adds another layer of value to our service and to our members," said Gregory Kerber, chairman and CEO of Wurld Media, creators of Peer Impact. "We are currently in the planning phase for further initiatives to include joint offerings with our friends at promosquad."
"Working with a truly unique model like Peer Impact is simply a natural fit for us at promosquad HitPredictor," says promosquad HitPredictor's managing partner Doug Ford. "Allowing music fans to become directly involved and truly make a difference is at the core of both our businesses. This is an exciting partnership on many levels, and we are very much looking forward to watching it grow into the future."
Peer Impact strategically continues to expand their digital entertainment offerings as well as enrich their members' online experience. New features and service enhancements are expected to be released in the coming months, including the addition of NBC Universal movies and television event content. Wurld Media is slated to make several more announcements outlining additional agreements shortly.
About Wurld Media, Inc.
Founded in September of 1999, Wurld Media, Inc. is a privately held company based in Saratoga Springs, New York. In 2005, Wurld Media launched Peer Impact(TM), the first legal peer to peer (P2P) network to have successfully secured distribution agreements with all four major record labels, as well as a growing list of leading independent music labels. The company is continuing to expand its service to include the leading publishers from the video game, motion picture and audio book industry to complement its existing digital media marketplace. Peer Impact is unique in that it offers users cash back for sharing approved content over its network. Members essentially act as "paid redistributors" of legal content and can earn credit toward future purchases of digital media through the Peer Impact network. For more information, please visit www.wurldmedia.com or www.peerimpact.com.
About Promosquad HitPredictor
Promosquad HitPredictor has become the undisputed #1 brand of predictive music research in the nation, with charts featured in Billboard magazine, Billboard Radio Monitor, and Entertainment Weekly. HitPredictor performs online predictive music research at their website www.promosquad.com with a huge nationwide database of music fans who rate songs, with results determining their "Hit" potential before they are released to the radio and retail. HitPredictor's results are incredibly accurate, and are used to guide labels in picking which singles to release to radio, and even on which artists to sign to record deals.
Source: Wurld Media, Inc.
CONTACT: Taunia Kipp, +1-518-691-1100, tkipp@wurldmedia.com , or Michele
Fuchs, +1-518-691-1100, mfuchs@peerimpact.com , both of Wurld Media; or Doug
Ford of Promosquad HitPredictor, +1-518-792-8900, or doug@promosquad.com
Web site: http://www.wurldmedia.com/
http://www.peerimpact.com/
http://www.promosquad.com/
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