Published: April 25, 2007
RMD Entertainment Group Announces Revenue Driver Validation and Execution for MOTV1
Revenues and Continued Validation Expected This Year
RMD Entertainment Group (PINKSHEETS: RMDN), in conjunction with JV partners Massive G Media (PINKSHEETS: MSGM)
and Mecanismo (USA) Corp (Nevada), announced today that the MOTV1 brand is
quickly emerging as leading contender amongst the Hip-Hop genre on
YouTube.com. YouTube has executed a revenue-share contract with RMD that
will pay 70% of all gross revenues generated by placing advertisements
along side each piece of content on the site. Furthermore, payments will be
made every 30 days in arrears, making the cash flow of the agreement highly
beneficial to the emerging urban media company.
Founded in February 2005, YouTube is a consumer media company for people to
watch and share original videos worldwide through a Web experience. YouTube
originally started as a personal video sharing service, and has grown into
an entertainment destination with people watching more than 70 million
videos on the site daily.
MOTV1 has become a fan favorite within the Hip-Hop community around the
world quite quickly. It was recently added to the partner's page of YouTube
due to the groundswell of support for the compelling video content and live
concert footage of RMDN hip-hop artist Roc Monee. In just 100 days it has
garnered just under 11 million views and MOTV1's current rankings among
channels within the on-line community continue to be impressive. See
below.
#65 - Most Subscribed (All Time) - Musicians
#99 - Most Viewed (Today) - Musicians
#68 - Most Viewed (This Month) - Musicians
#46 - Most Viewed (All Time)
#7 - Most Viewed (All Time) - Musicians
"MOTV1 has been a brand project that we felt had potential to monetize
revenue from and now that the management of YouTube and Google have put
together this most impressive program we will validate our plans. Under our
current viewing statistics we would have earned approximately $300,000
during a three month period under the deal we just signed with YouTube.
These numbers are very exciting to us and we will continue to develop and
distribute exciting content to attract additional views on the channel,"
says Giorgio Costonis, CEO of RMD Entertainment Group and Massive G Media.
"We remain committed to creating strong revenue sources for the company by
developing relationships with additional more multimedia
broadcast/distribution affiliates like YouTube and Google around the world.
Management recognized the huge opportunity on the table back in December so
we made the commitment and investment into positioning ourselves to take
advantage of it when the time came. My hat goes off to the great management
and staff of YouTube for making it a reality for us sooner rather than
later. We look forward to a long term relationship with them and thank
them, for their efforts on our behalf."
About RMD Entertainment Group
RMD Entertainment (RMD) is a cutting-edge entertainment company that is
primarily focused on the development and international marketing of hip-hop
music, including compact discs, digital downloads, and personal ring tones
for mobile phone customers, as well as other hip-hop lifestyle products.
The Company has also created MOTV, the ability to stream video content to
mobile devices, including cell phones and PDAs. The Company currently
possesses an impressive hip-hop catalogue, which it distributes exclusively
through Bungalo Records and Universal Music Group (a subsidiary of Vivendi
Universal in North America and in Europe through the Pickwick Group Ltd. of
London).
About Massive G Media
MASSIVE G MEDIA (a Nevada Corp) is the publicly traded investment Company
that represents, reflects and acquires Hip-Hop/Rap culture operational
media assets.
www.massivegmedia.com
Forward-looking statements in this news release relating to the Companies
expectations regarding demand and pricing are made pursuant to the "safe
harbor" provisions of the United States Private Securities Litigation
Reform Act of 1995. When used herein, words such as "expect" and similar
expressions are intended to identify forward-looking statements.
Forward-looking statements are based on assumptions made by and information
available to the Companies. Investors are cautioned that such
forward-looking statements involve risks and uncertainties. Important
factors that could cause actual results to differ materially from those
expressed or implied by such forward looking statements include, without
limitation, the future demand for, and sales volumes of, the Company's
products, future production volumes, efficiencies and operating cots,
increases or decreases in the prices of the Company's products, the
Company's future stability and growth prospects, the Company's future
profitability and capital needs, including capital expenditures, and the
outlook for and other future developments in the Company's affairs or in
the industries in which the Company participates and factors detailed from
time to time in the Company's periodic reports filed with the United States
Securities and Exchange Commission, and other regulatory authorities. The
Company has no intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
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