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Digital
Youth Network Inc. (OTCBB: DYOUF) |
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Dear Reader,
Today.s featured company Digital
Youth Network Inc. (OTCBB: DYOUF) seems to understand
the "MySpace generation" as well as any company - with a variety of products
and applications built to serve this enormous market, they are leading
a charge to unite and monetize that massive market.
Please take just a moment to read today.s BREAKING
NEWS
You may view a full profile on Digital Youth Network HERE
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Breaking
NEWS from DYOUF |
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Press
Release Source: Digital Youth Network Corp.
Tuesday
November 21, 9:00 am ET
Digital Youth
Network Corp.: DY Mobile Signs Mobile Content License
and Marketing
Agreement With Universal Music Canada
VANCOUVER,
BRITISH COLUMBIA--(MARKET WIRE)--Nov 21, 2006 -- Digital Youth Network
Corporation (OTC BB:DYOUF.OB - News)
parent company of DY Mobile Inc., announced that it has entered into a
licensing agreement with Universal Music Canada, wherein DY Mobile will
promote and sell real music ringtones, also known as MP3 TrueTones to mobile
subscribers on Canada's 4 largest wireless networks.
DY
promotes this content within its Mobile on Demand pages found in The Vancouver
Province, Toronto Sun, Edmonton Sun, Calgary Sun and Toronto 24 Hours newspapers
reaching more than 1 Million Canadians.
Universal
Music's artists promoted by DY include Eminem, 50 Cent, Shania Twain, Nelly
Furtado and many more platinum selling artists.
Dan
Reitzik, President of DY Mobile comments, "DY has had a long standing relationship
with Universal Music and we are tremendously pleased to be promoting and
selling their artists' licensed content using our direct to consumer mobile
content storefronts. Universal Music has the largest market share of all
major record labels and has been a supporter of DY's model for more than
3 years. North America is just beginning to realize the potential of the
mobile content market, already booming in Europe and Asia. DY recognizes
that consumers demand a wide array of content."
About
Digital Youth Network
Digital
Youth Network through its subsidiary DY Mobile Inc. has negotiated various
revenue sharing agreements with Sun Media and Canwest newspapers and other
magazines to publish Mobile on Demand pages within their publications across
Canada. Mobile on Demand pages allow consumers on all 4 major Canadian
wireless networks to purchase content such as Real Music Ringtones and
images for their mobile handsets, with charges billed directly to consumers'
monthly phone bills. Remaining space within Mobile on Demand pages are
sold to advertisers wishing to reach the mobile consumer, such as music
labels, wireless carriers, retailers and handset manufacturers.
About
Universal Music Canada
Said
Renee Plato, Director of Digital Business Development, of Universal Music
Canada: "Universal Music Canada is proud to be extending our digital music
to mass audiences through traditional Canadian Medias. The DY partnership
provides continued innovation in the digital space and a direct B to C
relationship."
Universal
Music Canada contact: Tyson A. Parker, Vice President, Corporate Communications,
Vice President, National Media & Artist Relations UNIVERSAL MUSIC CANADA,
Tyson.parker@umusic.com, www.umusic.ca, www.umusicbiz.ca.
Cautionary
Statement on Forward-Looking Statements
Statements
on this news release which are not historical are forward-looking statements.
You can identify forward-looking statements by words such as "may", "expect",
"potential", "anticipate", "forecast", "believe", "estimate", "project",
"plan", "continue" or similar words. You should read statements that contain
these words carefully because they discuss future expectations, contain
projections of future results of operations or of financial condition,
or state other forward-looking information. Forward-looking statements
in this press release include, but are not limited to, statements regarding
the ability of DY's Mobile On Demand page to attract advertisers and promote
users to send text messages; its ability to assist brands, advertisers
and traditional media companies communicate and interact with the youth
market; and future plans and objectives of Digital Youth.
Forward-looking
statements are subject to various risks and uncertainties including those
listed below. The risk factors listed below and the cautionary language
in this news release provide examples of risks, uncertainties and events
that may cause actual results to differ materially from the expectations
and projections described by DY in its forward-looking statements. Actual
results relating to, among other things could differ materially from those
currently anticipated in such statements. Factors affecting forward-looking
statements include: limited market appeal, lack of interest among advertisers,
insufficient financial resources, a loss of competitive advantage and costs
associated with a failure to protect our intellectual property rights against
infringement, litigation; legislation; environmental, judicial, regulatory,
political and competitive developments in areas in which Digital Youth
operates; technological, mechanical and operational difficulties encountered
in connection with text messaging and other media content; and labour relation
matters and costs.
Contact:
Contacts:
Digital Youth Network Corp.
Raymond Mol
(604) 728-4814
Source:
Digital Youth Network Corp.
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About
DY Mobile |
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Digital Youth Network Inc. ("DY") is the parent corporation
of two mobile-technology operations: Mobile on
Demand and
Digital
Youth Network. Based in Canada, DY has successfully developed
its brand name throughout Canada and is now entering the U.S. market.
DY brings services to customers such as music, ringtones, images, games,
text messaging, and network communities for DY mobile phone users. The
DY brand is also anchored with a strong
online presence to supplement content with contests, promotions, content
archives, and giveaways that feature concert tickets, posters, and movie
passes.
DY Mobile has connectivity to most major carriers
in North America and provides DY media partners and clients
with consulting, software applications, reporting and billing for integrating
mobile marketing -specifically text messaging with the clients own media.
The
Mobile content industry is estimated to generate $15B per year and DY Mobile
has positioned itself to be a leader in marketing and distributing mobile
content and mobile phone services. DY has built a solid customer
base in Canada and is now partnering with American companies to assist
in increasing their revenues and subscriber base.
The Text Messaging Market
Text messaging has the
fastest growth rate in telecommunication. Using only 160 characters,
over a billion messages are sent every day. It.s not only a good
way to communicate with friends but has several advantages for product
sales. DY connects text users to content and products. By using
other media, DY drives mobile and PDA users to text sites to pay for products
and information without the use of a credit card. The transactions
are billed directly to the buyer.s telephone bill.
One example of the power of text messaging is the hit game show Deal
or no Deal. Each text message sent to the show is
billed at $0.99. With an estimated 3 million messages sent per show,
it is one of the most successful promotions in the U.S. This is a
two-media sale. First the text address appears on the television
screen and then the mobile user sends a text message that enters them in
a contest.
DY generates revenue from selling ring tones, music, and other products.
The company has concentrated on print media for its two-media sale.
First, the company contracts with print media, both newspapers and magazines,
for a page of space to sell DY.s products and those of their advertising
clients. On this page are offerings of ring tones and the latest
music along with other products. Text messaging addresses are listed
with each item and DY shares heavily in the revenue generated. Secondly,
the mobile user can download content products, request information, enter
a sweepstakes or vote for their favorite American Idol.
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The
DY model for
rapid
expansion
is
to launch with media companies that already have
large
and relevant audiences like Newspapers, Magazines
TV
and Radio
stations
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Most consumer products companies try to target potential customers by
advertising in the media that they most often use. Text
messaging boasts the highly sought-after youth market.
Text
Messaging response rates can be quickly and accurately measured
providing a good indication of the effectiveness of advertising dollars
spent and the potential return on investment. Also, creative content
can be tailored to the specific likes and dislikes of the mobile users.
This unique flexibility makes
text
messaging a great tool for quickly field testing an advertising
concept, providing immediate market research for a new product, launching
on-the-spot promotions and for providing information - for instance at
a concert venue or college campus.
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THE BRANDS of DY MOBILE |
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Mobile On Demand is like a "T.V. Guide" for Mobile
Content and services
Mobile users, like TV viewers, know to look here for
the latest Mobile Content
DY's Mobile on Demand presents a unique opportunity to
promote new handsets and cell phones
DY allows for a turn-key solution for media companies to benefit from
Mobile
on Demand storefronts. DY has the technology, content
agreements, and billing solutions in hot demand by traditional media companies
wishing to sell mobile content to the general population and develop mobile
advertising programs for brands and advertisers.
Magazines, newspapers, radio stations wish to capitalize
on the incremental revenues they can generate from the sale of mobile content
to their audience, but generally do not have the expertise, technology
or agreements in place to do so on their own.
Mobile on Demand is 100% Spam Free - DY works closely with Canada's
Mobile watchdog, the Canadian Wireless Telecommunications Association (CWTA).
DY Mobile and Mobile on Demand are completely SPAM FREE. Customers
will never receive unsolicited communications from DY or its clients
and the TrueTones DY provides are the actual songs, by the original
musicians, and are licensed through
Universal
Music and SonyBMG
Universal Music
DY has worked with Universal
Music for 3 years, and has developed a strong relationship
whereby Universal provides content to Mobile on Demand for sale to consumers.
DY pays all applicable royalties to both Universal Music and the particular
artist. DY is cognizant of the music industry.s challenges regarding
file sharing and is a strong supporter of legal music promotion.
As such, all content DY sells and promotes is licensed accordingly and
DY is working closely with Universal to expand Mobile on Demand to be the
destination where consumers can purchase legal music content.
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Financial Highlights For DYOUF |
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Recent Trade: 0.08 - 52wk Range: 0.07 - 0.40
Market Cap $1.01m - Shares O/S: 12.73m as
of 04-25-06
DY MOBILE IS A FULLY REPORTING COMPANY
To view the latest filing from DY Mobile on the SEC Web site,
Click
Here
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To Contact DY Mobile |
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Digital
Youth Network
#303 - 1847 West Broadway Vancouver, BC V6J1Y6
Canada
Phone: 1-877-404-7711 Fax: 1-888-304-7711
www.dymobile.com
Email: info@dymobile.com
Text: Send the word "CONTACT" to 839839
***
The Bull is Running. ***
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may never be a better time to feature YOUR company
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has been paid four thousand dollars plus three-hundred thirty seven thousand
restricted shares of company stock by Digital Youth Network Corp. for preparation
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