July 02, 2001 06:01am
Private Media Group Announces Online Cooperation in Germany
Source: Private Media Group Inc.
by: Company Press Release
(BARCELONA, Spain) -- Private Media Group Inc., worldwide leader in premium-quality adult entertainment products, services and Internet content, has signed a non-exclusive Online Cooperation with RTL's NEWMEDIA GmbH. The terms of the agreement were not disclosed.
RTL NEWMEDIA is establishing a platform with exclusively erotic contents under the URL www.adultadventure.de. Private shall develop and provide web-pages that link Adult Adventure to Private's German language websites where Private's renowned top-quality adult content can be accessed.
Private Media Group and RTL NEWMEDIA have agreed to cooperate in the area of internet using Private's gigantic archive available at www. private.com. Both partners employ controls and filtering devices on their sites in order to adhere to all applicable local laws and so that users also can control the type of content that can be viewed.
Berth Milton, CEO of Private Media Group, said, ``Private is one of the few proven global adult entertainment brands. As part of our global strategy we are excited to be launching this venture in Germany, one of the fastest- growing Internet markets in Europe and a country where our magazine has been a commercial and cultural success for more than 25 years.''
RTL NEWMEDIA GmbH operates the entertainment portal RTL WORLD, the leading Network in the German online market since September 2000. Today RTL WORLD has over two million unique visitors per month. RTL NEWMEDIA also has its own WAP portal for mobile phone services and a special Broadcast Media Service for digital television.
The leading publicly traded adult entertainment company in the world, Private Media Group Inc. is the founder of the globally established brand name ``Private'', and has successfully positioned itself in the marketplace with a visionary management team. Its strategy combines both new economy (Internet, multimedia, e-commerce) and old economy (videos, magazines) business models. Private maintains a total adult lifestyle philosophy reflected in the company's broad range of products and services and its strategic policies of development, diversification and acquisition.
For more info about Private Media Group, please visit the Company's corporate Web site at www.prvt.com
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 these statements are forward-looking and apply to future events, they are subject to unpredictable circumstances, which could lead to results materially different from those anticipated by the Company.
For more information about Private Media Group, please contact: In Spain: Andre F. Ribeiro of Private Media Group Inc., +34-679-983-772, andre@private.com
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