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Beta Music Group, Inc. (OTCQB: BEMG) Completes Acquisition of Digital Media Company, ViewponBeta Music Group Acquires Viewpon (July 07, 2014)
MIAMI, FL -- (Marketwired) -- 07/07/14 -- Beta Music Group, Inc. (OTCQB: BEMG) ("BEMG" or the "Company"), Inc., a digital media holding company that provides interactive and digital marketing, social and mobile marketing, strategic media planning, direct marketing and other specialty communications services to promote small businesses, announced today that on June 27, 2014, it completed the acquisition of Viewpon Holdings, Inc. ("Viewpon"). Viewpon (www.viewpon.tv) is a lifestyle entertainment, digital media and listing services website that features small businesses across San Francisco, Sacramento, Seattle and the Pacific Northwest.
"Launched over four years ago, the Viewpon digital media platform and television show has created instant success for small and medium-sized local businesses along the west coast. We have worked closely over the past several months with Viewpon's executive management and are excited to be working together regarding this expansion. Viewpon, with their extensive experience in television production and serving the small business sector, is a key strategic partner for our Company," stated Jim Ennis, Chief Executive Officer of Beta Music Group, Inc.
"This acquisition is part of the strategic plan for our Company to achieve and accelerate our growth by producing digital video commercials for small businesses and offering solutions to their advertising and marketing challenges by increasing visibility," added Mr. Ennis. "Viewpon will enhance our digital media offerings including digital video commercials, digital customer reviews and on-line marketing services including mobile marketing, social media marketing and website design.
"Interactive and digital media, social and mobile marketing and specialty technology communications services of Viewpon are highly scalable opportunities. We are very happy to accelerate Viewpon's expansion across to the Southeast and Northeast United States. This acquisition is part of the strategic expansion of our digital media offerings to achieve accelerated growth serving the small business sector. Viewpon will enhance our digital media offerings to small businesses including digital video commercials, digital customer reviews, online presence marketing products including website design, mobile marketing, social media marketing, social bookmarking, blog commenting and video review postings," stated Jim Ennis, Chief Executive Officer of Beta Music Group, Inc.
"We are very happy to partner with Beta Music Group as we are seeking to accelerate Viewpon's expansion strategy from the Pacific Northwest to the Northeast and then across the United States. Beta Music Group's strategic plan to offer interactive and digital media, television production, social and mobile marketing, online marketing and specialty technology communications services provides a highly scalable opportunity for Viewpon's entertainment television show to serve small and medium sized businesses," said Michael Orkin, President of Viewpon.
Viewpon will be working with our technology partners to create, develop and release an Android and Apple iOS App of its popular Viewpon lifestyle entertainment television show to serve small businesses and to keep pace with the mobile marketing sector. The mobile applications are forecasted to be released by during the fourth quarter of 2014. They will be working with our financial communications partner, CSIR Group, LLC, previously announced in February, in serving as a liaison to the investment community.
About Beta Music Group, Inc.:
Beta Music Group, Inc. (www.betamusicgroupinc.com) is a digital media holding company that provides interactive and digital marketing, social and mobile marketing, strategic media planning, direct marketing and other specialty communications services. The Company provides digital, mobile, social and video content productions to promote small businesses to their clients. BEMG produces digital video commercials for small businesses and creative solutions to advertising and marketing challenges to increase company's visibility. The Company helps local businesses find and keep more customers via strategic marketing partnerships and digital commercial promotions.
Viewpon (www.viewpon.tv) is a lifestyle entertainment show and online listing services website that features small businesses and stories across San Francisco, Sacramento, Seattle, Tahoe and the Pacific Northwest. From the coolest places to stay, play and dine, Viewpon takes viewers on a tour of all that's best in the area where they live. Viewpon is a weekly television show and digital video content website that highlights local small businesses and fun things to do in your area and then offers those experiences at a discount. The Viewpon television show drives customers to our website where customers can view digital videos of all our small business clients. Shop Viewpon (www.shopviewpon.com) finds the coolest places up and down the West Coast to stay, spa, dine and have fun while offering huge discounts, to every spot featured in our show. Viewpon offers incredible savings on awesome experiences and customers get to "View" before they purchase. Everything offered on Viewpon's website has our seal of approval, plus deals never expire. Gift cards are also printable, so you can enjoy your adventure right away.
Information in this document constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "anticipate," "estimate," "project," "intend," "expect," "should," "believe," and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause The Company actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in The Company Filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to The Company herein are expressly qualified in their entirety by the above-mentioned cautionary statement. The Company disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law. This press release may also contain forward-looking statements involving risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those indicated. Actual results may differ materially due to a number of factors, including the risk we may encounter delays or other difficulties in ramping-up production of our new products; the rapid development of new technology and competing products that may impair demand or render the Company's products and services obsolete; and other factors discussed in the Company's filings with the Securities and Exchange Commission, including its report on Form 10-K for the year ended December 31, 2013 as well as other subsequent filings.
CSIR Group, LLC.
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