Mindpix Corporation (OTC Pink: MPIX) (PINKSHEETS: MPIX) ("Mindpix" or the "Company"), a technology driven media services and entertainment company focused on owning, creating or managing multi-platform music/entertainment, sports and U.S. Hispanic media properties, today announced a wide ranging exclusive partnership with Jimmy Lloyd Media, a cross-platform music video content production and live event producer. Their flagship property "The Jimmy Lloyd Songwriter Showcase" is currently being aired on Amazon Instant Video and aggregated online with page views of over 100mm monthly. The show has featured dozens and dozens of artists since its launch on NBC's Digital TV Network in New York City in late 2009 before going national with NBC in 2011.
The Jimmy Lloyd Songwriter Showcase television show currently has 30 - thirty-minute episodes produced and in circulation on a variety of cross-platform channels. The show has been described as "Inside the Actor's Studio" for up-and-coming songwriters and bands and is often recognized for its high production value, compelling interviews and curation of some of today's best songwriters. The in-house production team films every month in New York City and features 6-8 new artists at each session. Web versions of the syndicated online content are currently packaged in multiple formats ranging from 1-minute "snack bites" to 10-minute magazine style interviews. Episodes and background information on The Jimmy Lloyd Songwriter Showcase can be seen at jimmylloyd.com.
Mindpix Media Services will provide an integrated, end-to-end comprehensive media services package for this property. MPIX will provide brand packaging, video distribution, sponsorship services, advertising monetization and aggressive migration from pc to smartphones and tablets as well. The strategy will work to drive visibility across all multi-media platforms and immediately increase ad-supported revenue. Jimmy Lloyd Media will benefit from the ability to increase production output as a result of this partnership and the ability to develop its ever-larger live events at high-production-value venues in various US cities featuring past performers from the TV show as well as more established industry acts.
Jimmy Lloyd stated, "To find a partner like Mindpix to help me fully monetize the 'Showcase,' migrate it to new mobile platforms and experiment with new formats and digital approaches is what I've envisioned since we launched in 2009. Mindpix's end-to-end expertise in all things digital and video will free my team to focus exclusively on what we do best; finding, interviewing, filming and exposing bright new talent to the forefront of the industry. Mindpix will take over all the complex back-end technical and monetization efforts for us. I couldn't be happier with this new and exciting partnership."
Adam Cohen, Chief Scientist of Mindpix Corporation, commented, "The Jimmy Lloyd Songwriter Showcase not only provides an extensive library of TV episodes, snack-bite web segments and interviews, but also affords us an opportunity to use our multi platform and expanded offering to monetize his content and events among a wide range of audiences. It's a really fantastic and under-leveraged media property with great financial and creative upside for all. Depending on the outlet and format, CPM's for multi-platform video based properties such as the 'The Jimmy Lloyd Songwriter Showcase' can be very lucrative, as high as $25.00 per CPM, as the demand for premium video content such as his only continues to increase. We are really excited to work with Jimmy to help him realize his vision, to heighten visibility for the brand and drive revenue through our technology platform and our expanded multi-platform distribution network."
Victor Siegel, CEO and President of Mindpix commented; "Mindpix Services offerings are being extremely well received by the entertainment community. When Dick Wingate, one of our Board of Advisors members, introduced us to Jimmy Lloyd, we immediately saw the broad opportunity of his media property. I am confident that this new partnership with Jimmy Lloyd will also create additional excitement and buzz regarding our service offerings. We continue to be laser focused on expanding our technology capabilities, and expanded staffing to support opportunities like this to drive revenue and shareholder value both short and long term. This is yet another example of our aggressive go-to market strategy for Mindpix and we look forward to re-launching 'The Jimmy Lloyd Songwriter Showcase' during Q2 2014."
About Mindpix Corporation
Mindpix Corporation (OTC Pink: MPIX) (PINKSHEETS: MPIX) is a technology driven multi-platform media company focused on owning, creating and/or managing multi-media entertainment and sports and US Hispanic properties across the globe. Through a unique eco-system, MPIX provides the critical on-line video technology, production, digital marketing, audience development, payment services, sponsor acquisition, digital and traditional media distribution services to drive revenue for live and VOD (video on demand) events globally.
MPIX disclosure and financial information is published on OTC Markets and can be found at the following site:http://www.otcmarkets.com/stock/MPIX/filings/
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
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SOURCE: Mindpix Corp.