UOMO Launches UOMO Filmworks
April 23 2013 - 5:01PM
Marketwired
UOMO Media Inc. (OTCBB:UOMO), a multi-channel media and
entertainment company, announces the launch of UOMO Filmworks, a
multi-disciplinary production company that produces and acquires
integrated entertainment for use across the entire range of
traditional and emerging media platforms.
Based in Toronto, UOMO Filmworks is a full service production
studio enabling content creators to engage with advertisers and
other partners, from the inception of the creative process,
creating bespoke original content for consumers distributed through
today's evolving digital distribution platforms such as iTunes and
YouTube.
UOMO Filmworks is currently developing programming featuring
celebrities in the areas of reality, lifestyle, and music-based
documentary. Structurally, YouTube is the closest thing to a
traditional TV model on online video where virtually everything is
available for free, supported by advertising, with revenue being
shared by the "network" and the programmers. This model has proven
to be hugely successful. The video for South Korean singer Psy's
song Gangnam Style has generated over $8 million in advertising
revenue through YouTube alone, where it had been watched 1.23
billion times, yielding a royalty of about 0.6 cent a viewing,
according to Google.
The continued rise of digital in 2012 helped the music industry
report its first lift in annual revenues since 1999, as the IFPI
(International Federation of the Phonographic Industry) reported a
0.3% year-on-year increase to $16.5bn. Digital music revenues were
up 9% last year, to $5.6bn accounting for more than a third of
total industry revenues (34%).
About UOMO Media Inc.
UOMO Media Inc. is a multi-channel entertainment company that
acquires, produces, and manages media content. UOMO integrates
existing and well-established revenue streams in recorded music,
publishing, and talent management through its five operating
divisions: UOMO Digital Solutions, UOMOLife (including AdUOMO),
UOMO Recorded Music, UOMO Talent Management, and UOMO Publishing.
For more details please visit www.uomomedia.com or
www.uomolife.com.
Contacts: UOMO Media Inc. (416) 368-4400 www.uomomedia.com
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