From the Wires
The Digital Development Group is Seeing Tremendous Growth in Holiday Sales for Internet TV Devices
By: Business Wire
Nov. 27, 2012 04:01 AM
The Digital Development Group Corp. (OTCBB: DIDG) (“DigiDev” or the “Company”), a rapidly expanding Internet TV content distribution company, foresees dynamic growth in its industry.
DigiDev is targeting the revolutionary “OTT” technology arena. “OTT” or Over The Top devices piggyback on existing network services in consumers’ homes or offices; pull content from the Internet and deliver it to their TV or Internet enabled device. DigiDev uses OTT technology to deliver programming to billions of desktops, mobile and smart/Internet enabled TV devices around the world.
“The market for digital distribution to 'smart' (Internet enabled) devices (smart-TV, tablet, smart-phones) continues to grow at an astonishing rate,” states Martin W. Greenwald, Chairman and CEO of DigiDev. “AppleTV, GoogleTV, and Roku sales this Holiday season are running considerably ahead of last year’s tally.”
“On Nov. 21st we launched our first channel (please refer to our press release from that date). We are excited to announce 5 more channels coming before year-end. On the heels of those developments we believe it is important to continue to define our mission.”
“DigiDev is committed to be the leading independent supplier of eclectic, cutting-edge programming to Internet enabled devices.”
“Not only are we licensing very cutting-edge programming – we have begun to develop unique content within our own studio – even aficionados will be surprised at the creative nature of our offerings,” continues Mr. Greenwald.
DigiDev has initially secured programming in the classic horror films, sci-fi, silent films, mixed martial arts, faith based programming, conspiracy theory programming, children’s animation and is now licensing an expanding universe of programming. In addition to our focus on content, DigiDev’s technology team has developed a unique distribution platform – and is creating advanced social media applications that will enhance sell-through and viewer loyalty.
“As we view our position in the industry, it is extremely important that investors realize that Internet Television is a global phenomenon. For that reason DigiDev has secured international distribution rights in many of its agreements. By way of example, the Internet digital distribution markets in Asia are growing at over 100% annually,” concludes Mr. Greenwald.
About Digital Development Group Corp.
The Company’s founders, CEO Martin W. Greenwald and President Joe Q. Bretz have extensive experience in the entertainment industry. As CEO, Mr. Greenwald oversaw Image Entertainment Inc. growth to over $120 million in revenues. Given Greenwald’s focus in content licensing and Bretz’s technological know-how, the Company is well positioned to be a leader in the Internet television revolution. For more information please visit our website www.digidev.com.
Additional details of the Company’s business can be found in the Company’s public disclosures as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission’s (“SEC”) EDGAR database. Please refer to our full disclaimer, which includes our safe harbor statement, by clicking on or copying this link below into your browser: http://digidev.com/hq/disclaimer/
Nothing on this website is either an offer to purchase, or a solicitation of an offer to sell, shares of DigiDev Group or any other entity. Nothing on this website is a solicitation of a proxy from a security holder of Digital Development Group Corp. or any other company.
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