Cognitive Computing Authors: Pat Romanski, Yeshim Deniz, Elizabeth White, William Schmarzo, Shelly Palmer

News Feed Item

Truli Media Group Enters China Market: Mandarin Language Content Seen Adding to Revenue in Q1-13

LOS ANGELES, CA -- (Marketwire) -- 12/12/12 -- Truli Media Group, Inc. (OTCQB: TRLI), parent company of Truli.Net, a global faith-based & family friendly media content platform and social community hub, today announced it has signed an agreement with Metan Development Group ("Metan") in which Metan will provide Truli.Net with Mandarin language content.

Los Angeles-based Metan (www.metandevelopmentgroup.com) develops television programming specifically for the Chinese marketplace and is led by president/CEO Larry Namer, an entertainment industry veteran with over 40 years professional experience in cable television, live events and new media. Namer co-founded E! Entertainment Television, a company now valued at over $3.5 billion.

"Truli.Net is focused on revenue, content and establishing our global footprint," said Michael Jay Solomon, Founder, Chairman and CEO of Truli Media Group. "Today, we are implementing e-commerce, VOD premium content streaming technologies and payment systems including PayPal™ which are beginning to produce preliminary revenue that I expect to ramp up sharply in the first quarter.

"When it comes to worldwide reach," Mr. Solomon continued, "we have to be in the Mandarin language market. There are an estimated 50 to 60 million Mandarin speaking people living outside China that Truli.Net will serve, and we want to have as much quality Mandarin content as possible. There is no better partner for Mandarin content than Metan with its entire veteran management team. We are confident that our Truli.Net Mandarin initiative will begin generating solid revenue streams next quarter boosting that of our English language content. Spanish language will be our third major language vertical in 2013."

Namer commented, "Michael is a pioneer in global media content distribution. He introduced Western programming into China 25 years ago. He was also the first person to distribute E! Entertainment content internationally, which is how we met many years ago."

He added, "No one in the industry, anywhere, is better qualified than Michael and his Truli.Net platform, to distribute our Mandarin language productions through Internet-based media. I look forward to a long and successful close collaboration with Truli Media Group."

Under the terms of the non-exclusive agreement, Metan will provide the Truli.Net digital media platform with Mandarin language television programming, film, and premium video on demand (VOD) content. Both companies will split all VOD revenue 50/50.

Metan will begin this month uploading all the episodes of its hit Mandarin language series, Hello! Hollywood, to Truli.Net. Hello! Hollywood is a weekly entertainment news show, bringing Hollywood news, gossip, information and trends to China. The show also covers Chinese pop culture that boasts over 45 television stations broadcasting across China and reaches over one billion people throughout China. In addition to China, Hello! Hollywood is broadcast to Chinese audiences in New York, San Francisco and Los Angeles. The US viewership hovers around six million households.

Truli plans to add Mandarin language advertising to its Mandarin language web pages with sophisticated ad software from companies such as Baidu and Google. Accordingly, the Company expects revenue from Mandarin language content will commence in the first quarter of 2013, and to accelerate throughout the year providing a new, potentially substantial, revenue stream.

About Hello! Hollywood
Hello! Hollywood reports on the latest in celebrity interviews and lifestyle news, covering glamorous red carpet events, concerts and award shows and offering up special insider tours of Hollywood's new hotspots and exclusive television and movie set visits. Hello! Hollywood has interviewed some of the world's top names from the world of entertainment including Johnny Depp, Jackie Chan, Gwyneth Paltrow, Cameron Diaz, Bruce Willis, Sylvester Stallone, Eva Longoria, Taylor Lautner, Robert Pattinson, Kristin Stewart, David Beckham, Zac Efron, Jeremy Renner, and Seth Rogan, among many others.

Hello! Hollywood also produced a series of segments surrounding Disney's hit movie High School Musical China. Since its launch, the series, the first of its kind in China, has attracted a number of major multinational brands, including Philips, Colgate and Ford.

About Metan Development Group
Launched in 2009, Metan Development Group LLC is a venture created to develop and distribute entertainment content and media specifically for international markets. The company's founders are entertainment industry veteran Martin Pompadur, E! Entertainment Television co-founder Larry Namer and Amerilink founder Jean Zhang. Metan first launched in early 2009, and since then has made incredible inroads in developing the media market in China. Metan's flagship series Hello! Hollywood premiered in September 2009 and today reaches a potential one billion viewers on 45 stations in China and nine in the United States and Canada. Hello! Hollywood is also available on China's top Internet portals with an estimated four million viewers weekly (www.metandevelopmentgroup.com).

About Truli Media Group
Truli Media Group, Inc., parent Company of Truli.Net, was founded by entertainment industry veteran executive Michael Jay Solomon. With an iconic, successful track record in developing and leading worldwide television media distribution companies, Solomon is the former co-founder, Chairman and CEO of Telepictures Corp, President of Lorimar-Telepictures Corp and former President of Warner Bros. International Television.

Truli.Net offers a single platform that is flexible and easy to use to connect users enabling the delivery of relevant content to the Evangelical community market of 100+ million people in the U.S. (and 600+ million outside the U.S.) representing $4.3 billion of annual gross industry sales.
For more Truli.Net, go to its Facebook and Twitter pages and join the conversation.

Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact Information
Truli Media Group
David Kugelman
(404) 856-9157
(866) 692-6847 Toll Free - U.S. & Canada

Nicole Goesseringer Muj
T: (310) 804-0964
E: Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
The IoT Will Grow: In what might be the most obvious prediction of the decade, the IoT will continue to expand next year, with more and more devices coming online every single day. What isn’t so obvious about this prediction: where that growth will occur. The retail, healthcare, and industrial/supply chain industries will likely see the greatest growth. Forrester Research has predicted the IoT will become “the backbone” of customer value as it continues to grow. It is no surprise that retail is ...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DXWorldEXPO LLC announced today that "Miami Blockchain Event by FinTechEXPO" has announced that its Call for Papers is now open. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expe...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.