Indie Ranch Media Subsidiary NetMix Broadcasting Network Signs Letter of
Intent with JACK-FM Founder Bob Perry and Big Sticks Broadcasting
MALIBU, Calif. (Business Wire EON/PRWEB ) December 10, 2008 --
Indie Ranch Media, Inc. (the “Company”), (Pink Sheets: INDR) today
confirmed that their wholly owned subsidiary NetMix Broadcasting
Network, Inc. (“NetMix”) has signed a Letter of Intent (“LOI”) to
partner with Bob Perry and Big Sticks Broadcasting to expedite marketing
to terrestrial stations and develop programming for content on www.NetMix.fm.
NetMix approached JACK-FM (www.jackfm.com)
founder Bob Perry to develop an effective marketing strategy to launch
their new broadcasting service targeted to terrestrial stations that are
presently unable to broadcast via the Internet. Terrestrial radio
stations are able to broadcast their current format through a turnkey
service offered on a subscription basis by NetMix Broadcasting. The
NetMix technology, allows station partners to broadcast live to
listeners via the Internet with no additional hardware.
Bob Perry developed the format and marketing strategy that came to be
known as JACK-FM, programming for terrestrial radio stations. Further
enhancement of his brand has resulted in growth from one Vancouver
station in December of 2002 to over 50 international stations worldwide
with eight million weekly listeners in North America. JACK-FM has now
launched in the U.K. and Russia and is engaged in partnership
negotiations in three other European markets.
The LOI outlines the terms under which Bob will assist NetMix develop a
marketing campaign to solicit terrestrial stations Internet broadcasting
business. His expertise in this area is invaluable and his programming
skills and knowledge of the overly complicated royalty fee structures
will also allow NetMix to acquire proper permissions for top notch
program content. Bob is currently the programmer behind the www.NetMix.fm
Classic Rock format.
NETMIX
An Internet broadcasting network that is currently broadcasting live
streams from events and clubs around the globe from Live Nation, Inc.
(NYSE: LYV) a live events company to the US and UK club scene to
terrestrial radio stations. The NetMix Broadcasting model includes
generating revenue from advertising sales, syndication charges for
NetMix content, re-broadcasting fees; electronic music distribution
charges, studio and production fees and on demand music distribution
charges.
INDIE RANCH MEDIA, INC.
Indie Ranch Media is an incubator dedicated to developing, supporting
and launching Internet-based media ventures and technologies. The
Company's focus is on combining strategy, ideas, and execution with the
culture of entrepreneurial spirit to develop new media products faster,
cheaper, and better. The Company has acquired the license to www.offcampus4rent.com,
and is supporting the development of NetMix Broadcasting NetWork Inc. (www.netmix.fm)
and Omni Entertainment Group Inc. (www.omniegi.com)
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
A number of statements contained in this press release are
forward-looking statements. These forward-looking statements involve a
number of risks and uncertainties, including the sufficiency of existing
capital resources, technological changes and uncertainties related to
the development of Indie Ranch Media Inc’s business model. The actual
results Indie Ranch Media Inc. may achieve could differ materially from
any forward-looking statements due to such risks and uncertainties.
See the original story at: http://eon.businesswire.com/releases/indie_ranch/ranch_media/prweb1735424.htm
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