PITTSBURGH--(BUSINESS WIRE)--Wizzard Media (NYSE Amex: WZE), the world’s leading podcasting network, today announced a strategic milestone in the Company’s App roll-out plan with the availability of over 1,650 Apps for Apple and Android mobile devices now available for sale. Weekly revenues for Wizzard’s Apps are up 48% from the same period a year ago.
Wizzard Media now has Apps in the Apple App Store, Amazon Appstore and Google Marketplace including over 100 Apps created exclusively for the iPad.
“We have continued to execute and see success from our strategy to extend our mobile media monetization efforts for our podcast publishers,” says Chris Spencer, Wizzard Media CEO. “Our state-of-the-art distribution service combined with our unique monetization solution can be quickly and easily extensible to future podcasting and mobile App platforms.”
“As we continue to roll out the technology, built into our Apps and web sites, for our paid subscription product we are focused on delivering enhanced value for the approximately 18 million monthly unique audience members reached through the Wizzard Media Network,” said Laurie Sims, President Wizzard Media. “We believe we have a strong business model with an inexpensive monthly subscription package of $1 to $2 per month and we are encouraged by the initial audience conversion rates. With over 300 million iOS (iPhone) and Android devices having been sold to date, more people than ever before have access to podcasts and our podcast Apps.”
Revenue from downloadable mobile apps is predicted to surge from $6.8 billion worldwide in 2010 to $29.5 billion by 2013, according to the research firm Gartner Inc.
About Wizzard Media:
Wizzard Media provides podcast publishers with distribution and monetization services. Our clients include Microsoft, National Geographic, Harvard Business Review, NPR and more than 15,000 others who use Wizzard Media products to measure their podcast audience, deliver popular audio and video entertainment and monetize their content through advertising and App sales and subscriptions. In 2010, the Wizzard Media Network received over 1.64 billion podcast requests from approximately 50 million people worldwide through iPods, iPhones, iPads, iTunes, Blackberrys, Zunes, Androids and many other devices and destinations. We are part of a publicly held, Pittsburgh based company with thousands of shareholders and a world-class team. Visit us on the web at www.wizzardsoftware.com/media, email us at email@example.com.
Legal Notice Regarding Forward-Looking Statements: "Forward-looking Statements" as defined in the Private Securities litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies and acts of terror against the United States.
iPod, iPad, iPod Touch, iPhone and iTunes are all registered marks or trade names of Apple, Inc. Zune is a registered mark of Microsoft. Blackberry is a registered mark of Research in Motion. Andriod, Android Market, AdMob are trademarks of Google.