StreamTrack and One World Media Group Announce Agreement With Monaco Media International
June 21 2013 - 3:00PM
Marketwired
StreamTrack, Inc. (OTCQB: STTK) and One World Media Group today
announced that they have entered into an agreement with Monaco
Media International in order to expand their global base of
streaming services.
Under this agreement, Monaco Media International (MMI) will
secure broadcasting and content relationships on behalf of
StreamTrack using RadioLoyalty's UniversalPlayer™ as the exclusive
technology platform used for streaming and monetization.
StreamTrack will manage all aspects of advertising sales and
fulfillment.
Monaco Media International will offer its other services to
StreamTrack and One World Media Group as well as its vast
relationships in the entertainment industry. This new partnership
will expand StreamTrack's existing presence in the marketplace by
leveraging Monaco Media International's customer base throughout
the world. Monaco Media International offers an array of services
including event planning, production and marketing. Its CEO has
been a partner and driving force behind the world renowned Nikki
Beach brand since its inception. Monaco Media's list of clients
span across many territories within Europe and other key markets
around the globe.
"We have set out an aggressive international expansion strategy
and this is another huge step for us in accomplishing these goals.
They have a unique agency approach with an unmatched diversity of
talents that allow them to uncover new ideas on behalf of their
clients. We are proud to have been selected as one of these new
ideas. Monaco Media's remarkable track record and their market
positioning is second to none and we look forward to working
closely with them and their clients," said Michael Hill,
StreamTrack, Inc.'s Chief Executive Officer.
Monaco Media International Principal and Administrator Eric
Omore added, "Our decision to work with StreamTrack and One World
Media Group came quite naturally. We are equally excited about the
opportunity to provide our existing clients access to StreamTrack's
RadioLoyalty Player™. The initial feedback we have received results
in superior monetization and dramatically simplified operations for
our partners."
Mohamed Moretta, Senior Partner of One World Media Group, said,
"Eric Omore and I have been associates for over 20 years and based
on what has been going on with each of our organizations, this
seemed like the perfect time to work together. The RadioLoyalty™
platform is the first of its kind to eliminate most of the costs
inherent in streaming while simultaneously increasing the aggregate
monthly revenue derived by broadcasters. The benefit of this
relationship is that it allows us to move much more quickly into
other territories while helping each other to provide a very unique
service offering to artists and broadcasters alike."
About One World Media Group: One World Media Group is a new
multi-media platform dedicated to bringing the world together
through the arts, entertainment and technology. Its multi-cultural
brand includes music production, TV and film project development,
as well as radio station imaging and programming. Starting with
their flagship Oneworldradio.tv, they have created a network of
radio stations where you "See The Music™." Their unique radio
stations spin an array of music videos from all around the world
instead of just audio.
For more information visit: www.oneworldmediagroup.tv
About Monaco Media International Monaco Media International,
based in the Principality of Monaco, operates a boutique marketing,
event planning and production service. By leveraging its vast
network of ever expanding clients in entertainment and hospitality,
it oversees several brands and music events. Its services include
management, consulting, advertising campaigns, talent bookings and
brand development. For more information visit:
http://www.mmi.mc
About StreamTrack, Inc. StreamTrack, Inc. (the "Company") is a
digital media and technology services company. The Company provides
audio and video streaming and advertising services through its
RadioLoyalty™ Platform (the "Platform") to a global group of
internet and terrestrial radio stations, internet radio guides and
other broadcast content providers. The Platform consists of a
web-based and mobile player that manages streaming audio and video
content, social media engagement, display and video ad serving
within the web player and is also capable of replacing audio ads
with video ads within the web player in a live or on-demand
environment. The Company offers the Platform directly to its
broadcasters and integrates or white labels its technologies with
web-based internet radio guides and other web-based content
providers. The Company is also continuing development of
WatchThis™, a patent-pending technology to provide web, mobile and
IP television streaming services that are e-commerce enabled within
streamed content.
For more information visit: http://www.streamtrack.com or
http://www.radioloyalty.com
Forward-Looking Statements This announcement contains
forward-looking statements about StreamTrack, Inc. and StreamTrack
Media, Inc. that may involve risks and uncertainties. Important
factors relating to the company's operations could cause actual
results to differ materially from those in forward-looking
statements and which are further detailed in filings with the
Securities and Exchange Commission available at the SEC website
(http://www.sec.gov). All forward-looking statements are based on
information available to StreamTrack, Inc. on the date hereof, and
StreamTrack, Inc. assumes no obligation to update such
statements.
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