IOWorld Media's RadioIO.com Will Double its Music Channels to Sixty by the End of 2007
IOWorld Media's RadioIO.com Will Double its Music Channels to Sixty by the End of 2007
Re-Designed Web Site Hosted 1 Million Listeners in October
TAMPA, Fla., Nov. 29 /PRNewswire-FirstCall/ -- IOWorld Media, Inc. ("the Company") (OTC Pink Sheets: IWDM) will more than double the number of music channels currently offered by its online music radio service, www.radioIO.com, from 22 to 60 by the end of this year. The rollout has already begun, with seven channels added in the last 30 days, bringing the current total to 29.
This move follows the recent re-launch of RadioIO.com, which introduced enhanced interactive elements and several new music channels, and an increase in its monthly listening audience to more than one million in October, according to Voxel, its exclusive content delivery and hosting network.
RadioIO's expanded lineup offers more mainstream channels as well as niche or unique music formats that may not be available from other Internet, terrestrial or satellite radio services. From a suggestion submitted by a listener, RadioIO created the "Guitar Heroes" channel, which streams the kind of guitar-driven rock songs found in popular games such as Guitar Hero(R). Its new "Idols" channel plays music heard in hit reality-TV shows including American Idol, Rock Star, Nashville Star and even Pop Idols from the UK.
Founder Michael Roe, who started RadioIO in 1999 as a single music stream produced out of his spare bedroom, said, "We anticipated that we'd see an increased audience from improving content and the user experience. We're ready and have already begun to monetize our audience with both traditional and non-traditional revenue opportunities." The Company has targeted two million listeners in early 2008 based on performance in 2007.
With the estimated current Internet radio audience of 47 million at more than triple the total number of current satellite radio subscribers, and the issue of Internet portability rapidly dissipating due to improved products and access, Roe feels that media and consumer interest should increase: "We have a unique story and product, and a successful business model. We're now focused on developing our brand and profitability," he added.
The total RadioIO experience is available at RadioIO.com, as well as through many directories, including iTunes, WindowsMedia.com, real.com and SHOUTcast.com. The Company currently has relationships with more than 30 device and directory partners, including Palm, Philips, Sonos, Escient, and Slim Devices. RadioIO is also available wirelessly via the "IO2go" service available on RadioIO.com.
To experience radioIO, visit www.radioIO.com. About IOWorld Media
IOWorld Media, Inc. (OTC Pink Sheets: IWDM), headquartered in Tampa, Florida, is dedicated to identifying, testing and marketing innovative consumer media alternatives. IOWorld Media currently owns www.RadioIO.com, an advertiser-supported Internet radio station that currently offers 28 music channels, and SearchPlay, LLC. SearchPlay(TM) technology moves the Internet search engine to inside the media player, revolutionizing the way listeners search while listening online.
Certain statements in this release could constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward- looking statements. Except as otherwise stated in this news announcement, IOWorld Media, Inc. does not undertake any obligation to publicly update or revise any forward-looking statements because of new information or future events.
First Call Analyst:
FCMN Contact: elise@drummerpr.com
Source: IOWorld Media, Inc.
CONTACT: Media Contact: Elise Brown of Drummer PR, elise@drummerpr.com,
+1-609-890-8487, +1-215-990-6955; or Investor Relations: Tom Parilla of
Parilla Investment Group, parilla@radioio.com, +1-814-824-4326; both for
IOWorld Media, Inc.
Web site: http://www.radioio.com/
Profile: International Entertainment
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