Private Media Group Announces Landmark Strategic Alliance With Marc Dorcel
BARCELONA, Spain, July 29 /PRNewswire-FirstCall/ -- Private Media Group,
Inc. (Nasdaq: PRVT) a worldwide leader in premium-quality adult entertainment
content today announced it has established a strategic alliance with Marc
Dorcel to collaborate in the home video market.
The collaboration initiates with a three year DVD distribution agreement
for France and going forward it is expected that Private and Marc Dorcel will
explore additional opportunities in other Territories. It is also expected
that Private and Marc Dorcel will join forces on several distribution
platforms including Internet and IPTV/VOD in both France and across the EU.
This will be very opportunistic as many new distribution platforms find it
inconvenient to deal with a multitude of adult content providers. By combining
the best adult brands and two of the main players in one strategic offering,
Private/Dorcel can offer a "one-stop-shop" for most of the adult content needs
any platform may require.
Peter Cohen, COO of Private said: "Private and Dorcel are the two dominant
adult brands in Europe, and this new collaboration will solidify their
strength in the market and provide French consumers optimal access to high
quality adult entertainment with compelling new incentives and exciting
promotions. Marc Dorcel is one of the best run operations in the adult
business, and we are very pleased to have worked out a very cooperative
relationship with them to strategically consolidate our content offerings and
develop effective new B2B and B2C opportunities that will expand our
collective success in France".
Gregory Dorcel, CEO of Marc Dorcel commented: "We believe that the
strategic alliance of major studios like Private and Marc Dorcel is the right
approach for long term growth and success in what has become a cluttered adult
marketplace. By joining forces and sharing experiences and know-how we will
effectively offer the French audience top of the range products with
compelling new marketing and promotional campaigns."
The Private/ Dorcel collaboration is part of a global strategy which
Private has been developing for the last eighteen months to establish more
effective distribution and sales through content consolidation and cooperative
relationships with other producers/distributors. Other announcements from
Private are expected in Q3 and Q4 2008 to further rollout this new business
model.
About Marc Dorcel S.A.
Established in France 1979, Marc Dorcel is an internationally well-known
brand in the adult industry and a leader in production, editing, aggregation
and distribution of adult programs and services. The company has unmatched
market expertise and know-how of the adult content sector and carries 50
international catalogs including its own one. The company operates the TV
channel "Dorcel TV", mobile and Internet sites, a VOD platform
"www.dorcelvision .com" and supplies 40 other VOD/IPTV platforms. With more
than 25 years of experience of serving the public and international operators,
Marc Dorcel has a presence in 56 countries.
About Private Media Group
With its 40 year track record, NASDAQ listed Private Media Group is a
brand-driven world leader in adult entertainment and distributes premium
quality content globally via a wide range of platforms including more than 900
million mobile telephone handsets, IPTV/VOD, broadband Internet, television
broadcasting, DVDs and magazines. Private Media Group owns the worldwide
rights to its extensive archive of high-quality content, and also licenses its
Private and "Silver Girls" trademarks internationally for a select range of
luxury consumer products. Private's vision is to be the world's preferred
content provider of adult entertainment to consumers anywhere, at any time and
across all distribution platforms and devices.
Disclaimer
This release contains, in addition to historical information, 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, which reflect the Company's current judgments of those issues.
However, because those statements are forward-looking and apply to future
events, they are subject to such risks and uncertainties, which could lead to
results materially different than anticipated by the Company.
For further information please contact:
Simon Jordan
Marketing Department
Private Media Group
Tel +34 93 620 80 90
simon.jordan@private.com
SOURCE Private Media Group
Simon Jordan, Marketing Department of Private Media Group, +34 93 620 80 90,
simon.jordan@private.com
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