(Dallas, TX. – October 11, 2011) StockGuru Shines its Spotlight on Studio One Media, Inc. (OTCBB: SOMD) (OTCQB: SOMD). The Company announced Friday that Drew Ryniewicz and Tora Woloshin who auditioned for “The X Factor” at the MyStudio® HD Recording Studio located in Phoenix, Arizona and Skyelor Andersonwho auditioned at the MyStudio in Nashville, Tennessee, have been chosen to be among the top 32 finalists of Simon Cowell’s, “The X Factor”. A reported 75,000 people auditioned for the US premiere of “The X Factor” including several thousand auditions at six MyStudio locations. On October 10, 2011, the Company closed at $0.60, trading in a fifty-two week range of $1.85 – 0.42.
Drew, Tora, and Skyelor were among the finalists featured on this week’s X Factor “boot camp” episodes along with MyStudio finalists Hanna Bethel and singing duo, McKenna and Brock who came from MyStudio Nashville, Emma Henry and Marivana from MyStudio Denver, and Kyle Corr from MyStudio Kansas City. All contestants who made it through boot camp earned a place in one of four categories: boys, girls, over 30 singers and groups, to be mentored by The X Factor judges.
The X Factor is the first televised signing talent competition to utilize state-of-the-art MyStudio HD Video Recording Studios to conduct auditions nationwide, giving more people the chance to become a global superstar and win a $5 million recording contract with Syco/Sony Music. The X Factor-MyStudio’s allow contestants to audition in a private recording studio environment, as if they were performing at a live audition. Finalists chosen from MyStudio audition videos were invited by The X Factor producers to advance directly to live auditions before judges Simon Cowell, Paula Abdul, Nicole Scherzinger and Antonio “L.A.” Reid, and a live studio audience.
Follow the top 32 finalists including Drew Ryniewicz, Tora Woloshin, and Skyelor Anderson on The X Factor on FOX and MyStudio.net in their quest for the unprecedented $5,000,000 prize! Read more about Drew and Skyelor at Entertainment Weekly (EW.com).
The remaining contestants from each category will visit the “judges’ homes” which will air on October 12th and 13th and October 18th. The judges will reveal the top finalists on a special extended installment on Tuesday, October 25th. Viewers will be able to begin voting with the live performance shows that start November 2nd.
In April, 2011, Studio One Media signed a multi-year agreement to conduct auditions for The X Factor through its MyStudio HD Recording Studios. The national launch of MyStudio coincided with installations chosen by The X Factor and included Arizona, Hawaii, Alaska, Missouri, Colorado and Tennessee.
“The X Factor” is produced by Syco Television and FremantleMedia North America.
About Studio One Media, Inc.
Studio One is a diversified media and technology company with offices in Scottsdale, Arizona and Hollywood, California. Studio One is engaged in the research and development of proprietary, leading-edge audio and video technologies for professional and consumer use. Studio One subsidiaries and divisions include MyStudio, Inc., MyStudio Audio Labs, Inc., MyStudio Music and MyStudio Management.
Studio One has entered into licensing agreements with Universal Music Publishing Group, BMG Chrysalis, EMI Music Publishing, and Sony/ATV Music Publishing, and partnerships with Mark Burnett Productions and most recently Simon Cowell’s “The X Factor”. Studio One’s world class advisory board includes entertainment industry leaders legendary songwriter Diane Warren, music superproducers Rodney “Darkchild” Jerkins and Richard Perry, award-winning casting director Sheila Jaffe, media investor Ted Field, and music executive Jason Flom.
For more information go to www.mystudio.net.
About MyStudio HD Recording Studios
The award-winning MyStudio is the brain child of technology and entertainment entrepreneur Larry Ryckman. MyStudio is a self-contained, state-of-the-art, audio/video recording studio that offers true professional recording studio quality audio and HD broadcast quality video with an ease, economy and convenience never before available to the general public. MyStudio eliminates the high cost and technological and logistical barriers inherent in the creation of high-quality online video content and opens up a new world of opportunities for user-generated video by amateurs and professionals alike. MyStudio is recognized internationally as the definitive leader in interactive audio/video recording studios and recently completed national auditions for Simon Cowell’s “The X Factor”, pursuant to a multi-year agreement.
MyStudio can be used to create videos for music, modeling, comedy, dating, job resumes, auditions, personal messages and greetings. A recording session for up to five minutes costs only $20. Using Hollywood-style green screen technology, MyStudio users can choose from over 1,000 HD virtual backgrounds for their videos or they can upload their own custom backgrounds. In addition, MyStudio offers thousands of licensed karaoke tracks multiple music publishing groups thereby allowing consumers to legally create music videos for public viewing on-line. Within minutes of recording, videos are automatically uploaded to the MyStudio.net website, which offers free member profile pages and video sharing in a social networking environment. At MyStudio.net, members can enter contests, receive free DVDs of their videos, download MP3 audio files, access embed codes.
MyStudio locations include Phoenix, Arizona, Kansas City, Missouri, Nashville, Tennessee, Honolulu, Hawaii and Denver, Colorado. Additional locations are coming soon including Los Angeles and the New York area.
Forward-Looking Statements
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations or beliefs of management of Studio One Media, Inc. and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statement herein. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from the statements made herein are: (1) changes in economic, business, competitive, technological and/or regulatory factors, (2) failure to receive stockholder approval of certain actions, if required, (3) failure to compete in a rapidly changing marketplace, (4) failure to retain key employees, (5) failure to raise adequate capital to support the growth and operations of the Company, and (6) other factors affecting the operation of the business of Studio One. More detailed information about these and other factors that may affect current expectations may be found in filings by Studio One as applicable, with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Any forward looking statement contained in this press release by Studio One speaks only as of the date on which it is made. Studio One is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
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