110 Media Group Acquires Content Distributor CD-Media.net
30 Agosto 2004 - 2:24PM
PR Newswire (US)
110 Media Group Acquires Content Distributor CD-Media.net MELVILLE,
N.Y., Aug. 30 /PRNewswire-FirstCall/ -- 110 Media Group, Inc.
(OTC:OTEN) (BULLETIN BOARD: OTEN) announced today the completion of
an acquisition of the operating business and assets of
CD-Media.net, an adult industry content distributor. The company
will build upon CD-Media.net's current business model of selling
quality image and video content to adult industry webmasters for
discount prices. CD-Media.net has been operating since 1999 and
owns over 14,000 images and hundreds of video clips which it
licenses to thousands of adult oriented websites. With the addition
of certain 110 Media content, CD-Media.net will be one of the
largest discount content suppliers on the internet. The company
plans to have the entire site revamped and integrated with
additional exclusive content available in place by the end of
September. "Although currently open for business and generating
revenue successfully, there is much more available that is not
currently on the site. That is what really excites me about the
purchase," stated Ray Barton, 110 Media's CEO. About 110 Media
Group, Inc. 110 Media Group, Inc. specializes in the distribution
of electronic based media focusing on the adult entertainment
industry. The company's content is currently available to U.S.
households through Web sites, DVDs and Video-on-Demand (VOD)
services. The company has distribution agreements with the
country's top adult industry VOD and DVD distributors. In addition,
we distribute content directly to consumers via a series of high
end subscription based consumer sites. Contact: 110 Media Group
Inc. Tim Schmidt 631-385-0007 DATASOURCE: 110 Media Group, Inc.
CONTACT: Tim Schmidt of 110 Media Group Inc., +1-631-385-0007, Web
site: http://www.110mediagroup.com/
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