Published: November 20, 2009
Next 1 Interactive, Inc. Announces Its Resort and Residence Television Network Is Airing Programming on Travel and Real Estate Now
Next 1 Interactive Inc. (OTCBB: NXOI)
has announced Resort and Residence Television Network, a 24/7 programming
network, is completing its first two weeks on the air. The network focuses
on two consumer passion categories, Travel and Real Estate. The initial
launch of the network is in over 21 million households, available on
satellite and cable. By the end of Q1 2010 the network will be distributed
to 40 million subscribers.
The network is fully programmed with programming that explores the world's
best vacation destinations, resorts, entertainment and activities around
the world... from wine collecting, great chefs, skiing, golf, hunting
fishing and more. The programming wheel also features real estate
programming highlighting luxury homes complete with luxury lifestyle with a
connection to the real estate broker who has the listing. In addition to
real estate, the programming includes home décor, landscape architecture,
green living, antique collecting and home improvement projects, from sponge
painting to building your outside terrace and patio. In 2010, the network
will offer full interactive applications so that viewers will be able to
request information, enter promotions and sweepstakes and book vacation
travel with just the click of the remote control.
"Currently, the network has contracted with over 30 producers in the US and
Canada and is placing 36 programming series into the line-up," stated Wendy
Borow Johnson, President of Resort and Residence. "The Network is in
discussions with a number of other producers who have series centered
around house and home, gardening, green living, cruise life, great party
destinations and more. Along with programming, the network's sales team has
signed contracts with over 40 advertisers. We are very pleased with the
response we are getting from viewers, producers and advertisers in our
first week of operation and we are optimistic that the strength of the
network in terms of both its programming and revenue generation will
continue to grow over the next 30 days."
Next 1 Interactive Inc. (NXOI) is a multi faceted media company
specializing in Travel and Real Estate. Next 1 delivers targeted content
via digital platforms including Satellite, Cable, Broadcast, Broadband and
mobile. Along with the full time Resort and Residence TV network, the
company will deliver its content and sponsors' messages on Video on Demand
outlets enhanced by interactive applications. The company also provides
content on terrestrial and internet radio and in customized print
publications. In today's digital market Next 1 Interactive delivers
information and entertainment to consumers. The company has created
multiple revenue streams including transactional commissions, referral
fees, advertising and sponsorship. The multiple revenue streams and
integrated media platforms allow for the delivery of measurable return on
investment to its advertisers, sponsors and business partners.
This news release contains forward-looking statements as defined by the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements include statements concerning plan, objectives, goals,
strategies, future events or performance, and underlying assumptions and
other statements that are other than statements of historical facts. These
statements are subject to uncertainties and risks including, but not
limited to, product and service demand and acceptance, changes in
technology, economic conditions, the impact of competition and pricing,
government regulation, and other risks described in statements filed from
time to time with the Securities and Exchange Commission. All such
forward-looking statements whether written or oral, and whether made by or
on behalf of the Company, are expressly qualified by the cautionary
statements that may accompany the forward-looking statements. In addition,
the Company disclaims any obligation to update any forward-looking
statements to reflect events or circumstances after the date hereof.
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