GeneChing
05-19-2009, 09:38 AM
The 'Forward-Looking Statements' section is the best.
May 19, 2009 09:00 AM Eastern Daylight Time
China Youth Media Launches Second Sports Channel with Mixed Martial Arts and Top Rank Boxing (http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20090519005610&newsLang=en)
MARINA DEL REY, Calif.--(BUSINESS WIRE)--China Youth Media, Inc. (the “Company”) (OTCBB:CHYU), a China focused youth marketing and media company, announced today that it has launched a second sports channel on its Koobee Campus Network, the Company’s dedicated Intranet Television Network and media portal targeted to China’s 30 million plus college students. The new sports channel, called Koobee Fight Channel, is the first and only online channel in China exclusively dedicated to international fight content, including professional mixed martial arts and top rank boxing.
Koobee Fight Channel features first rate international boxing from the world’s big five boxing associations and carries classic matches of boxing greats like Mohammed Ali, George Foreman and Evander Holyfield. Koobee also showcases top Mixed Martial Arts (MMA) matches, bringing a sport that has experienced a remarkable surge in popularity and mainstream media coverage in recent years to China, the world’s largest sports market. With MMA pay per view reach in the U.S. rivaling boxing and professional wrestling, the sport continues its phenomenal rise in China. Koobee also delivers various world martial arts matches, including Kung Fu, Karate, Taekwondo and Sumo Wrestling.
“We are extremely pleased with the successful launch of the Koobee Campus Network and can now deliver access to millions of college students across China,” commented Jay Rifkin, China Youth Media’s CEO. “As a result of strong demand and China’s desire to view sports themed content, we are thrilled to launch our Fight Channel,” Mr. Rifkin continued. “We are uniquely positioned to capitalize on the growing, relatively untapped youth market in China and see the strong appeal of sports programming as a key revenue driver for both advertisers and viewers.”
About China Youth Media, Inc.
China Youth Media, Inc. (OTCBB:CHYU) is a China focused youth marketing and media company whose business is to deliver advertising and content to one of the most sought after and fastest growing demographics in the world. Through its wholly owned subsidiary Youth Media (Hong Kong) Limited, CHYU has secured contracts with a term of 20 plus 10 years that provide exclusive rights from the Chinese government controlled corporation, China Youth Net, which uniquely position CHYU to market to China’s massive student population with preferred access online, on campus and on mobile. For more information, please visit http://www.chinayouthmedia.com.
Forward-Looking Statements
This press release contains certain forward-looking statements. These forward-looking statements can generally be identified as such because the context of the statement will include words such as China Youth Media ``expects,'' ``should,'' ``believes,'' ``anticipates'' or words of similar import. Stockholders, potential investors and other readers are cautioned that these forward-looking statements are predictions based only on current information and expectations that are inherently subject to risks and uncertainties that could cause future events or results to differ materially from those set forth or implied by the forward-looking statements. Certain of those risks and uncertainties are discussed in the China Youth Media filings with the Securities and Exchange Commission, including China Youth Media’s annual report on Form 10-K and quarterly reports on Form 10-Q. These forward-looking statements are only made as of the date of this press release and China Youth Media does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
May 19, 2009 09:00 AM Eastern Daylight Time
China Youth Media Launches Second Sports Channel with Mixed Martial Arts and Top Rank Boxing (http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20090519005610&newsLang=en)
MARINA DEL REY, Calif.--(BUSINESS WIRE)--China Youth Media, Inc. (the “Company”) (OTCBB:CHYU), a China focused youth marketing and media company, announced today that it has launched a second sports channel on its Koobee Campus Network, the Company’s dedicated Intranet Television Network and media portal targeted to China’s 30 million plus college students. The new sports channel, called Koobee Fight Channel, is the first and only online channel in China exclusively dedicated to international fight content, including professional mixed martial arts and top rank boxing.
Koobee Fight Channel features first rate international boxing from the world’s big five boxing associations and carries classic matches of boxing greats like Mohammed Ali, George Foreman and Evander Holyfield. Koobee also showcases top Mixed Martial Arts (MMA) matches, bringing a sport that has experienced a remarkable surge in popularity and mainstream media coverage in recent years to China, the world’s largest sports market. With MMA pay per view reach in the U.S. rivaling boxing and professional wrestling, the sport continues its phenomenal rise in China. Koobee also delivers various world martial arts matches, including Kung Fu, Karate, Taekwondo and Sumo Wrestling.
“We are extremely pleased with the successful launch of the Koobee Campus Network and can now deliver access to millions of college students across China,” commented Jay Rifkin, China Youth Media’s CEO. “As a result of strong demand and China’s desire to view sports themed content, we are thrilled to launch our Fight Channel,” Mr. Rifkin continued. “We are uniquely positioned to capitalize on the growing, relatively untapped youth market in China and see the strong appeal of sports programming as a key revenue driver for both advertisers and viewers.”
About China Youth Media, Inc.
China Youth Media, Inc. (OTCBB:CHYU) is a China focused youth marketing and media company whose business is to deliver advertising and content to one of the most sought after and fastest growing demographics in the world. Through its wholly owned subsidiary Youth Media (Hong Kong) Limited, CHYU has secured contracts with a term of 20 plus 10 years that provide exclusive rights from the Chinese government controlled corporation, China Youth Net, which uniquely position CHYU to market to China’s massive student population with preferred access online, on campus and on mobile. For more information, please visit http://www.chinayouthmedia.com.
Forward-Looking Statements
This press release contains certain forward-looking statements. These forward-looking statements can generally be identified as such because the context of the statement will include words such as China Youth Media ``expects,'' ``should,'' ``believes,'' ``anticipates'' or words of similar import. Stockholders, potential investors and other readers are cautioned that these forward-looking statements are predictions based only on current information and expectations that are inherently subject to risks and uncertainties that could cause future events or results to differ materially from those set forth or implied by the forward-looking statements. Certain of those risks and uncertainties are discussed in the China Youth Media filings with the Securities and Exchange Commission, including China Youth Media’s annual report on Form 10-K and quarterly reports on Form 10-Q. These forward-looking statements are only made as of the date of this press release and China Youth Media does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.