Contest play...IWDM at .25 - huge news just out.
Nice tight float - should be a great play.
IO World Media Announces Significant Revenue Growth from Strategic Partnership with Net97 for the Management of www.radioio.com Web Banner Advertising Inventory
First Initiative of Many in Process with Strategic Partnerships Designed to Monetize www.radioio.com Millions of Monthly Stream Initiations
TAMPA, Fla.--(BUSINESS WIRE)-- IO World Media (“IOWorld” or “the Company”) (Pink Sheets:IWDM.pk - News) announced today that it has seen significant, positive results from its partnership agreement with St. Louis, MO based Net97 for the sale and management of www.radioio.com web banner advertising. Net97 is owned and operated by Internet radio pioneers Jim and Wanda Atkinson and is a leading provider of banner advertising management services to Internet media providers.
RADIOIO has millions of stream initiations every month, and this strategic partnership serves as the first in a number of partnerships and initiatives that will work to monetize this listening audience as well as position the company for increased revenue growth as the listening audience grows. The early stages of the partnership have been a tremendous success with advertising revenue increasing 10 fold with annualized six figure projections since the partnership started.
“Our primary focus from launch has been to ensure that RADIOIO provides the highest quality content to our listeners making us a preferred destination and building our audience,” commented Thomas Bean, IO World Media CEO. “Now as we continue to provide superior programing we are expanding our focus to include the monetization of our growing audience by maximizing our advertising revenues through multiple initiatives without detracting from the quality of the listening experience. This impressive revenue growth with Net97 illustrates we are on target and making solid progress. We expect to see continued improvement in revenues as we diligently build our audience by remaining committed to providing the highest quality listening experience with the knowledge that audience follows content and advertisers always follow audience.”
IR CONTACT:
Consulting For Strategic Growth 1, Ltd.
Stanley Wunderlich
880 Third Ave, 6th Floor
New York NY 10022
Telephone: (800) 625-2236 ext. 7770
Fax: (646) 205-7771
Email: info@cfsg1.com
Contact:
IO World MediaThomas Bean, 813-637-2229info@radioio.cominfo@io4business.com