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Private Media Group Launches 50 Niche Sites
Thursday, July 24, 2008
BARCELONA, Spain, July 24 /PRNewswire-FirstCall/ -- Private Media Group,
Inc.(Nasdaq: PRVT) a worldwide leader in premium-quality adult entertainment
content today announced the launch in Q3 of over 50 Internet niche sites aimed
at diversifying its offering and increasing the proliferation of Private's
content on the web alongside its flagship site, www.private .com.
The niche sites form an important new network delivering content sourced
from Private's vast library categorized according to genre and theme. The plan
is to grow this network around three core sites to a total of over 100 niche
sites by year end 2008. The sites are targeted to satisfy a variety of
consumer interests with niche specific content and are also offered to
Private's affiliate network, www.privatecash .com.
Private's Director of Online Media, Israel Garcia, explained: "The niche
site strategy is expected to generate significant incremental revenues and
contribution to operating profit through substantially increasing shelf-space,
traffic and conversion rates. In addition, it enables us to take advantage of
additional up-selling and cross-selling opportunities. The new sites have been
in development for over a year and are part of the ongoing evolution and
growth of Private's global online diversification strategy."
About Private Media Group
With its 40 year track record, NASDAQ listed Private Media Group is a
brand-driven world leader in adult entertainment and distributes premium
quality content globally via a wide range of platforms including more than
900 million mobile telephone handsets, IPTV/VOD, broadband Internet,
television broadcasting, DVDs and magazines. Private Media Group owns the
worldwide rights to its extensive archive of high-quality content, and also
licenses its Private and "Silver Girls" trademarks internationally for a
select range of luxury consumer products. Private's vision is to be the
world's preferred content provider of adult entertainment to consumers
anywhere, at any time and across all distribution platforms and devices.
Disclaimer
This release contains, in addition to historical information,
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended, which reflect the Company's current judgments of those
issues. However, because those statements are forward-looking and apply to
future events, they are subject to such risks and uncertainties, which could
lead to results materially different than anticipated by the Company.
For further information please contact:
Simon Jordan
Marketing Department
Private Media Group
Tel +34 93 620 80 90
simon.jordan@private.com
SOURCE Private Media Group
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