GlobeNewswire
2012-01-25
Music Download Service Projected to Generate Significant
Revenue for Agent155 Media Corp.
DENVER, Jan. 25, 2012 (GLOBE NEWSWIRE) -- Agent155 Media Group, Inc.
(OTCQB:AGMC), a provider of multi-media content management tools
providing exposure, networking and collaboration opportunities to
Fashion, Performer, Art, Sports, Writer, Music, Film Categories and
Agencies worldwide, today announced it has begun development of its
music download service.
According to a recent Apple press release, its iTunes Music Store has
sold over 10 Billion Songs. "Clearly, downloading music legally is now
in the mainstream," commented Christopher Martinez, CEO of Agent155
Media Corp. "The success of the iPhone, iPod, iTunes, and iPad and
similar devices has launched a new era of music distribution."
Musicians will soon be able to upload and offer licensed downloads of
their music to fans worldwide for a per-download fee of around .99
cents per song. The revenue will be split between the artist and
Agent155 Media Corp., with the musician to receive approximately 70%.
"Musicians who have not yet been discovered have an enormous
opportunity to get their songs out there and start creating a real buzz
and generate sales," stated Martinez. "We're all about a new digital
revolution. There are multitudes of sites selling music, the problem is
it's all the same stuff. New, undiscovered, talented musicians lack
digital distribution outlet's."
According to The International Federation of the Phonographic Industry
(IFPI), individuals in the U.S. and Europe legally downloaded more than
4 Billion tracks in 2010. IFPI estimates that digital music revenues
were $4.6 Billion in 2010.
"Agent155.com is putting the power into the musician's hands," added
Martinez.
About Agent155 Media Corp.
Agent155 Media Corp. is based in Denver, Colorado. The company will
offer a FREE, high-quality online presence for the global artistic and
athletic communities through its website, Agent155.com. Agent155.com
provides Fashion, Performer, Art, Sports, Music, Film, Writer
professionals and amateurs a multi-media content management solution,
enabling the creative world a collaborative forum to network and
develop via www.agent155.com - Agent155.com offers a multi-media
content management solution, enabling the creative world a
collaborative forum to network and develop. Agent155.com also provides
talent agencies, agents, producers, directors, and recording companies
a one-stop location to search and view the profiles and work of
emerging talent. Agent155 Media Corp. also re-distributes member
content through traditional media channels like TV, radio, film and
print,. Agent155 Media Corp. will produce films, music tours,
commercials, and various events using talent exclusively from
Agent155.com .
"Safe-Harbor" Statement Under the Private Securities Litigation Reform
Act of 1995
This press release contains forward-looking information within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), including statements regarding potential
sales, the success of the company's business, as well as statements
that include the word "believe" or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of Agent155 Media Corp. to differ
materially from those implied or expressed by such forward-looking
statements. Such factors include, among others, the risk factors
included in reports filed with the SEC under the Exchange Act. This
press release speaks as of the date first set forth above and Agent155
Media Corp. assumes no responsibility to update the information
included herein for events occurring after the date hereof. Actual
results could differ materially from those anticipated due to factors
such as the lack of capital, timely development of products, inability
to deliver products when promised, inability of potential customers to
pay for ordered products, and political and economic risks inherent in
international trade.
CONTACT: Agent155 Media Corp.
www.agent155.com
Christopher J. Martinez, CEO/Founder
646.770.5518
cjm@agent155.com