BeaconEquity.com announces the publication of ‘PlayBOX (U.S.) Inc. (PYBX): Building Firm Grasp in Multimedia Entertainment Distribution’
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PlayBOX (U.S.) Inc. (PYBX): Building Firm Grasp in Multimedia Entertainment Distribution
”PlayBOX (U.S.) Inc. pursues growth opportunities in the distribution and marketing of global entertainment media. With focus on new music artists and small-to-medium sized record labels, PlayBOX is aggressively growing its traditional (retail) and non-traditional (digital, online and mobile) distribution channels so independent artists can reach their waiting public even more quickly and easily, while staying at the forefront of emerging trends in distribution…
“The explosion of the digital distribution age has created new opportunities for media and entertainment companies, good news with a dose of negativity for the music industry. Today, digital music download sales are soaring, global digital music sales growing 46% in 2007 to approximately $4.2 billion and single track downloads (the most popular digital music format) expanding 53%, according to an eMarketer report. On the other hand…
“PlayBOX recently announced a move that will extend its presence in the $8 billion independent entertainment markets. The company plans to acquire New Visions Mobile (NVM), a mobile music company that creates social networks for artists and music brands across mobile networks. The two companies have been in negotiations since March 2008, and have now agreed to sign a Letter of Intent to merge…”
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