SOURCE: Fortune Market Media, Inc.

March 04, 2008 10:15 ET

Fortune Market Media Builds New Internet Television Network

LOS ANGELES, CA--(Marketwire - March 4, 2008) - Fortune Market Media, Inc. (PINKSHEETS: FTMM), a diversified media and communications company has begun to build an internet television network that will become a leading provider of premium lifestyle entertainment, exclusive content and the digital voice and information source for today's 15 to 25 year-old pop culture generation. This new development will be the first ever daily urban lifestyle show, available for free direct-to-mobile and to anyone online.

The shows slated for the network are created by world-renowned artists/celebrities/tastemakers and range from reality-based urban icons, and extreme sports figures. Everyday these web-isodes will take viewers behind the scenes to the hottest events, most exclusive locations, inside the studio, on set, and everywhere anything exciting is happening. The network will also feature celebrity interviews, new product showcases, world premier music videos, and much more from across the world. Each clip is two to three minutes and again, it's free to view. The new internet television network will feature a unique application that will have mobile viewing capability allowing viewers to receive the programming via cell phone, unbiased of carrier. Fortune will capitalize on the current shortage of exclusive internet programming. Fortune expects to be in the position to benefit from the high demand for next generation platform technologies.

Currently, Fortune Market owns and operates several streams of traditional proprietary media platforms, such as, radio, print, television, music recording label and now the internet. Fortune will continue to focus on distributing and marketing in the traditional mediums as well.

"If it's not broken..." says CEO Arthur Kats. "We have done a great job unifying all of our media streams and cross collateralizing them to achieve maximum benefits for our advertising clients. Radio and print are equally exciting to us. The net was just the missing ingredient."

The specifics of the development will be announced soon. The scope is a seven figure project and should take at least 6 months to complete. Profits will show in quarter one of 2009.

About Fortune Market Media, Inc.

Fortune Market Media, Inc. (PINKSHEETS: FTMM) is a diversified media and communications company providing businesses with a variety of financial-, consumer- and investor-related communications services. Fortune Market creates awareness among investors, consumers and potential partners through its multi-channel streams of media. More information is available at www.fortunemarket.net.

Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

Contact Information

  • Contact:
    Fortune Market Media, Inc.
    800-313-7912