Paul Korda . com - The Web Home of Paul Korda, singer, musician & song-writer.

International Entertainment News

Tuesday, June 05, 2007

Digital Music Group Announces New TV and Video Content Acquisitions

Digital Music Group Announces New TV and Video Content Acquisitions

Ultraman, Classic Wrestling, and Extreme Sports Highlight Additions to DMGI Video Library

SACRAMENTO, Calif., June 5 /PRNewswire-FirstCall/ -- Digital Music Group, Inc. (NASDAQ:DMGI), a content owner and global leader in the digital distribution of independently owned music, TV and film catalogs, announced today a number of new long-term exclusive video content acquisitions totaling over 400 hours of new video content.

"The deals announced today represent a significant expansion of our already extensive DMGI video library," said Mitchell Koulouris, CEO of DMGI. "This fantastic new content extends our DMGI Kids, Edge, and Sports categories which we are distributing through our rapidly expanding network of Internet and mobile video partners including YouTube, AOL's IN2TV, Joost, Amazon, Sprint Movies and many others."

Ultraman 80 and Ultraman Toward the Future

Featuring over 60 episodes between the two programs, the superhero/science fiction classic Ultraman 80 and Ultraman Toward the Future are among the most popular TV cult classics of the 20th century. A number of Ultraman episodes are already available on an ad-supported streaming basis at www.in2tv.com.

Wrestling Titans

The Wrestling Titans series features over 100 hours of classic wrestling content including wrestling legends such as Gorgeous George, Freddie Blassie, Captain Lou Albano, Pat Patterson, Andre The Giant, Lex Luger, Junkyard Dog, Nature Boy Ric Flair and many more. The series chronicles the golden years of wrestling and features the top names in the sport from the 1960's to the 1980's.

Trident Action Sports

The Trident Action Sports series features over 100 hours of world class extreme sports including BMX racing, snowboarding, moto-cross, skateboarding, motorcycle long distance jumping and much more. Some of the top athletes in each sport are featured including Mike Metzger, Jeremy McGrath, The Bounty Hunter, Oxx, Mickey Diamond, and Kenny "The Cowboy" Bartram.

Endless Fun Productions

Endless Fun is surfing's answer to adventure programming. Filmed entirely in high definition video this series contains over 100 hours of surfing action in some of the hottest and most exotic locations in the world including Costa Rica, Guatemala, California's secret hotspots, Baja, Mainland Mexico and Indonesia.

Over The Edge

A funny and entertaining series featuring over 100 vignettes of crazy people doing zany things, Over The Edge is produced on location throughout the United States and around the world.

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 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 Digital Music Group's distribution of the Ultraman, Wrestling Titans, Trident Action Sports, Endless Fun, and Over the Edge video catalogs and making these catalogs available through current and future digital entertainment services) 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

Foeller Communications: Kurt Foeller, Telephone: 415-578-3251
e-mail: dmgi@foellercom.com

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: Jesse@allencaron.com

First Call Analyst:
FCMN Contact:


Source: Digital Music Group, Inc.

CONTACT: Kurt Foeller of Foeller Communications, +1-415-578-3251,
dmgi@foellercom.com; Karen Davis, Chief Financial Officer, +1-916-239-6010
x2505; or Jesse Deal, Account Manager, Allen & Caron Inc., +1-212-691-8087,
Jesse@allencaron.com

Web site:

http://www.digitalmusicgroupinc.com/


-------
Profile: intent

0 Comments:

Post a Comment

<< Home