ST. LOUIS, Nov. 12, 2014 /PRNewswire/ -- StationDigital Corporation ( OTCQB:SDIG), an internet radio and digital broadcast platform provider today announced that is has successfully entered into an Ad-Delivery partnership with leading digital media technology company, WOWIO ( OTCBB:WWIO). Utilizing a patented process for inserting ads into eBooks and a proprietary mobile ad network, WOWIO will bring its expertise and management skill to an important revenue stream for StationDigital.com. WOWIO's chief operating officer, Jacob Morris, will oversee the new ad-delivery program to generate revenue growth for both WOWIO and StationDigital.
Lou Rossi, CEO of StationDigital stated, "We are extremely excited by this partnership and what it will add to the StationDigital model going forward. Having a top notch expert like Jacob Morris heading this partnership was an opportunity we could not afford to pass up. We believe that this will result in the overall increase in our ad revenues as well as a significant improvement in CPM rates."
Since the launch of their mobile applications in March, StationDigital has averaged nearly 350,000 monthly active sessions with each session lasting 40 minutes on the website and 20 minutes on the mobile application. The company currently offers over 27 million songs and will be expanding into providing other forms of content soon.
StationDigital Corporation is a multimedia digital broadcast company that offers free music streaming of over 27 million songs. StationDigital Corporation features both genre-based and artist-based music discovery stations to suit an endless variety of musical tastes, and a personal recommendation service to its more than three million users – all available both online and through its iOS and Android mobile apps. StationDigital Corporation's users can customize their listening experience by selecting playlists and stations based on themes, interests and location, as well as favorite artists, songs or genre, and by providing feedback on the music they hear. StationDigital Corporation also offers the industry's first Listener Rewards program in which users earn points for listening, sharing and inviting friends on social media to enjoy StationDigital Corporation. Listener Rewards points are redeemable in the StationDigital Corporation online store to purchase music, merchandise and additional discounts. StationDigital Corporation is headquartered in St. Louis. For more information, visit www.stationdigital.com.
About WOWIO, Inc.
WOWIO, Inc., (WWIO) is a technology development company with a patented process and a proprietary mobile ad-delivery platform that will disrupt the eBook distribution landscape by exploiting a previously untapped marketplace: ad-supported eBooks. Our exclusive ownership of an issued patent that governs this opportunity allows us to expand our reach as a digital media company far beyond producing and distributing content across multiple platforms. WOWIO has built and acquired a number of digital media technologies, platforms and distribution outlets and is focusing its efforts on opportunities to create and monetize ancillary content product lines beyond eBooks and other forms of digital media. To learn more about WOWIO, please visit our corporate website at http://www.studiowdigital.com.
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Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
SOURCE StationDigital Corporation