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International Entertainment News

Tuesday, September 21, 2010

Global Gateway Enters Into Licensing Agreement With Leading Provider of High-Definition Programming

Global Gateway Enters Into Licensing Agreement With Leading Provider of High-Definition Programming

Company expects additional advertising revenue from this agreement

LOS ANGELES, Sept. 21 /PRNewswire-FirstCall/ -- Global Gateway Media & Communications, Inc. (Pink Sheets: GGMC) today announced a content licensing agreement with Dynamic Media Network ("DMN"), a leading provider of original high definition digital programming.

"This blend of our cutting-edge IPTV and satellite content delivery and DMN's content-rich programming creates a winning proposition for global audiences striving to view fresh new programming targeted for their demographic, and for advertisers seeking to target specific audiences," said Dr. Alex Parsinia, Chief Executive Officer of Global Gateway. "Some of this new programming is already being broadcasted across our global network, and we expect this agreement to have a material impact on our advertising revenue and profit over the next few quarters."

DMN produces 13 HD digital channels including: life/style/wellness; fashion; extreme sports; comedy; dance; humanities; international; models/club scene; movie trailers; music; TV shows; video games and comic world.

"Our alliance is unique in the industry and it opens up the door to the reliable global delivery and transmission of our original HD digital content," said Skip Fredricks, Co-Founder and Chief Content Producer of Dynamic Media Network. "We will be able to reach diverse ethnic and cultural communities wherever they may be located."

About Global Gateway Media & Communications, Inc.

Global Gateway Media & Communications, Inc. is a media and communications focused company. Through its subsidiaries and holdings, it has two core businesses: Media Broadcasting (http://www.tmtv.us) and Shopping Network (http://www.tmshoppingnetwork.com). The company owns and broadcasts various programs from its own TV studio in Los Angeles, CA. The company's Satellite TV broadcasts, "Talk Money TV" and "TM Shopping Network," reach nearly 10 million potential viewing households in the US, Canada, and Mexico, as well as Central America. Through its strategic alliances, the Company's IPTV program has a global reach. For more information, visit http://globalgatewaymedia.com/.

Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact:
Global Gateway Media & Communications,
Inc.
Dr. Alex Parsinia
CEO
aparsinia@globalgatewaymedia.com
1 818 914 4450

OR

intellibridgeIR
ggmc@intellibridgeir.com
(949) 981-3062

SOURCE Global Gateway Media & Communications, Inc.

Global Gateway Media & Communications, Inc.

CONTACT: Dr. Alex Parsinia, CEO of Global Gateway Media & Communications, Inc., +1-818-914-4450, aparsinia@globalgatewaymedia.com; or intellibridgeIR, +1-949-981-3062, ggmc@intellibridgeir.com

Web Site: http://globalgatewaymedia.com


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Profile: intent

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