CORRECTING and REPLACING Niche Media Ventures Announces ``Terra Incognita''; a Groundbreaking Straight to DVD Film Series with Werner Herzog.Entertainment Editors/Business Editors CORRECTION...by Niche Media Ventures, Inc. NEW YORK--(BUSINESS WIRE)--April 12, 2004 In BW5699 issued April 12, 2004: Contact information should read: David Shapiro David Shapiro may refer to:
The corrected release reads: NICHE MEDIA VENTURES ANNOUNCES ``TERRA INCOGNITA''; A GROUNDBREAKING STRAIGHT TO DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. FILM SERIES WITH WERNER HERZOG Niche Media Ventures, Inc. (Pink Sheets:NTVI) announced today that it is to partner with world famous director Werner Herzog to produce a unique DVD series called "Terra Incognita in·cog·ni·ta adv. & adj. With one's identity disguised or concealed. Used of a woman. n. A woman or girl whose identity is disguised or concealed. ." Herzog will select twelve (12) relatively obscure but culturally significant films and provide commentary to attract a much wider audience. The Company is projecting a minimum subscription base of 25,000 subscribers paying $150 per year within eighteen (18) months; locking in annual revenues of $4,750,000, including theatrical and cable distribution. The Company's growing partnerships with infomercial in·fo·mer·cial also in·for·mer·cial n. A relatively long commercial in the format of a television program. [info(rmation) + (com)mercial.] Noun 1. and direct marketing companies positions it to attract 500,000+ subscribers over the next several years. NTVI is providing a groundbreaking distribution model by initially selling the series directly to Herzog's fan base, which is estimated in the millions worldwide. The Company will fund the project and Herzog will produce and help to promote it. This series is the first produced by the Company in an anticipated offering of high-profile direct to fan base projects with some of the best directors and writers in the world. After initial offering to the Herzog fan base, this series will be sold by major retail outlet retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → centers such as Barnes and Noble, FYE FYE For Your Entertainment FYE First Year Experience FYE Fiscal Year End FYE Funding Your Education FYE For Your Eyes (CSD-TV magazine) FYE For Your Enjoyment FYE Full Year Effect FYE First Year Enrichment FYE For Your Edification , Borders and Virgin via NTVI's distribution deal with Triggerfish triggerfish, any of several species of tropical reef fishes with laterally compressed bodies, heavy scales, and tough skins. They are named for the mechanism of the three spines of the dorsal fin: when the fish is alarmed the first of these spines is locked upright Entertainment (whose sales and fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. services are handled through Musicrama, Inc.). About Niche Media Ventures, Inc. --NTVI provides an important link between technology, entertainment and the capital markets. It has broad based distribution, proprietary web technology and substantial relationships within both the music and film industry. Its services, technology, catalogs of film and music and distribution will provide reoccurring revenue which will allow it to develop multiple niche projects which will strengthen its infrastructure. The Company's central goals are to: 1) develop projects for the fast growing home theater An audio/video entertainment center that has a large-screen TV and hi-fi system with three speakers in the front (left, right and center) and left and right speakers in the rear. Starting in the early 1990s, video inputs were added to stereo receivers and preamplifiers. market; 2) leverage its infrastructure to develop entertainment projects at a fraction of their traditional cost; 3) form relationships with niche media companies which can provide ongoing marketing and a passionate fan-base for NTVI's products and services. Visit NTVI's website at http://www.nmventures.com/ This release contains statements that constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion