3D Entertainment Holdings, Inc. announces MOU with iBUZZmusic to
Acquire Mobile Music Platform
Dallas, TX -- May 20th, 2015 -- InvestorsHub NewsWire
-- 3D Entertainment Holdings, Inc., (OTCPK:
TDEY), is pleased to announce that TDEY has entered a Memo of
Understanding with iBUZZmusic, LLC for the acquisition of the
iBUZZmusic music platform. iBUZZmusic is a spinoff company of
IncHoldings, LLC and started as a development project that
blossomed into a world class product for today’s online music
market.
Founder Michael Reynolds stated “We have finally worked out a
deal with 3D Entertainment Holdings, Inc. that makes sense for both
parties, and we are very pleased with the terms.” Reynolds went on
to say that “I am very confident that we will close a Definitive
Agreement in a very short period of time and I can’t wait to move
forward as this is probably one of the most significant projects we
have ever developed.”
3D Entertainment Holdings Inc., and 3D Eye Solutions Inc., will
begin to integrate its own 3D Technology with the iBUZZmusic
software. The result should create a new 3D experience and add a
new dimension to existing videos and content.
The iBUZZmusic platform is a fully mobile platform for online
music enthusiasts. What started as a hobby out of frustration with
the players available today became a commercial obsession which
features:
- Complete mobile compatibility for audio and video
- Easy to use creation of playlists with drag and drop
organization features
- No audio advertisements!
- Full lineup of radio stations
- Social network integration so users can listen to what’s
popular
- A user chat feature so users can discuss their favorites
- Featured live shows and performances
- Schedule of performances of your favorite artists and
groups
- Regular features of undiscovered artists
- Streaming channels for live performances and events
The iBUZZmusic platform will feature a free player which will
attract many subscribers and a paid version will soon be offered
for user’s wanting a premium “no ads” experience. The paid version
is in development and will be released soon. The iBUZZmusic
platform can be seen at www.ibuzzmusic.com.
In addition to subscription revenue, the music platform will
generate revenue from downloaded music through sources like iTunes
and Amazon, but will also produce significant revenues from
advertisements and sponsored events.
About iBUZZmusic, LLC
IBUZZmusic,LLC, is a wholly-owned subsidiary of Inc.Holdings, LLC.,
developing a music entertainment platform for online users, artists
and bands.
About IncHoldings, LLC.
IncHoldings, LLC is a private technology-based holding company
focused on the strategic acquisition, incubation, and development
of cutting edge next-generation companies. IncHoldings,LLC will
continually help grow and expose start-ups and small
businesses.
About 3D Entertainment Holdings, Inc.
The Company continues its direction towards growth and expansion
through Mergers and Acquisitions. The Focus is targeting Software
and New Media Based companies and projects that are strategically
similar to 3D Technology and its various genres. The company
desires to invests and participate in Joint Ventures and
acquisitions involving companies in social media and content
distribution as well.
TDEY (OTC:
TDEY) is fully focused on a 2D and 3D content media creation
business with distribution of content through application and smart
devices. Owner and developer of App3DTV found on smart devices
which provide media content and entertainment. More information can
be found on www.App3DTV.com.
App3DTV is 2D and 3D app available on Android for $7.99. The
application that features 3D movies, music videos, and other media
all at your finger tips. It is currently on beta test and it is
scheduled to be on Kindle, Roku, and Apple shortly. To download the
app go to:https://play.google.com/store/apps/details?id=com.ipointapps.app3dtv
This release includes "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. Certain
statements set forth in this press release constitute
"forward-looking statements." Forward-looking statements include,
without limitation, any statement that may predict, forecast,
indicate, or imply future results, performance or achievements, and
may contain the words "estimate", "project", "intend", "forecast",
"anticipate", "plan", "planning", "expect", "believe", "will
likely", "should", "could", "would", "may" or words or expressions
of similar meaning. Such statements are not guarantees of future
performance and are subject to risks and uncertainties that could
cause the company's actual results and financial position to differ
materially from those included within the forward-looking
statements. Forward-looking statements involve risks and
uncertainties, including those relating to the Company's ability to
grow its business. Actual results may differ materially from the
results predicted and reported results should not be considered as
an indication of future performance. The potential risks and
uncertainties include, among others, the Company's limited
operating history, the limited financial resources, and domestic or
global economic conditions -- activities of competitors and the
presence of new or additional competition and conditions of equity
markets.
CORPORATE CONTACT
iBUZZmusic, LLC
Daniel A. Carr
COO
IR@iBUZZmusic.com
248-821-5362