Breaking News: Next 1 Interactive Inc. Announces That Its Full Time TV Network, Resort and Residence, Will Launch on DirecTV as Channel 354 on October 28, 2009
Next One Interactive
(OTCBB: NXOI)
Next 1 Interactive Inc. Announces That Its Full Time TV Network, Resort and Residence, Will Launch on DirecTV as Channel 354 on October 28, 2009
FT. LAUDERDALE, FL–(Marketwire – 10/19/09) – Next 1 Interactive Inc. (OTC.BB:NXOI – News) announces its full time programming Network, Resort and Residence TV, will launch as channel 354 on October 28, 2009 part of DirecTV’s basic package reaching over 18.3 million homes. “The demographic make up of DirecTV subscribers is the audience we want to reach with vacation travel, home improvement and real estate programming,” stated Bill Kerby Vice Chairman and CEO. “We are pleased that Resort and Residence will be Channel 354 on DirecTV and that very shortly Resort and Residence will be adding distribution on other cable and satellite systems,” continued Bill Kerby.
The initial launch will have a program line-up consisting of 15 distinct series. Resort and Residence programming will be informative, entertaining and feature travel and real estate offers. “Channel 354 on DirecTV is between Bloomberg News and CNBC, two networks that attract an audience perfect for Resort and Residence TV,” stated Wendy Borow-Johnson, newly appointed President of Resort and Residence TV.
R&R was acquired from Televisual Media Works this past summer and is a known entity to the television and advertising community, having been profitably distributed in over 17 million households between 2005 and 2007.
About Next 1 Interactive Inc.
Next 1 Interactive Inc. (NXOI) is a multi faceted media company specializing in Travel and Real Estate. Next 1 delivers targeted content via digital platforms including Satellite, Cable, Broadcast, Broadband and mobile. Along with the full time Resort and Residence TV network, the company will deliver its content and sponsors’ messages on Video on Demand outlets enhanced by interactive applications. The company also provides content on terrestrial and internet radio and in customized print publications. In today’s digital market Next 1 Interactive delivers information and entertainment to consumers. The company has created multiple revenue streams including transactional commissions, referral fees, advertising and sponsorship. The multiple revenue streams and integrated media platforms allow for the delivery of measurable return on investment to its advertisers, sponsors and business partners.
About Televisual Media Works LLC
Televisual Media Works, LLC (TVMW) is a privately held Denver-based media organization formed in 2007, with interests in a comprehensive suite of digital interactive television networks each targeting those specifically defined demographics so highly sought after by advertisers and distributors. TVMW has expertise in interactive programming and optimized content development; the Televisual Media Works team has produced over 200 interactive TV campaigns. With over 20 years of success and expertise in the television advertising and content business, TVMW is a leader in advanced, transactional media.
Forward-Looking Statements
Pursuant to The Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company’s expectations with regard to the future impact on the Company’s results from new products and services are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as “expects,” “intends,” “plans,” “may,” “could,” “should,” “anticipates,” “likely,” “believes” and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in the filings of Next 1 Interactive, Inc. Filed with the U.S. Securities and Exchange Commission.
Investor Relations Contact 1-954-888-9779 x 8969 investorrelations@NXOI.com Televisual Media Works, LLC 1-303-488-3333 gturner@tvmediaworks.com
Disclosure: Pentony Enterprise LLC (“Pentony”) (Street Research) was paid to distribute this analyst report to our proprietary databases for twenty-five hundred restricted 144 common shares of NXOI. Pentony did not hire the analyst or the research firm that released this report. Pentony is not a registered investment adviser or a broker/dealer.We are also covering the news from NXOI for 30 days as part of this agreement. Pentony makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
