SEATTLE, March 7, 2005 (PRIMEZONE) -- Today NetMusic Entertainment Corporation (Pink Sheets:NTMT) provided an update of the company's planned launch of its Video-On-Demand service. The launch, occurring on March 16th, 2005 at 6PM EST and running until March 17th, 2005 at 6PM EST, will demonstrate NetMusic's ability to bring to the public entertainment that traditional distribution models have made unavailable.
For the first time ever, the movie "Dead Girl" -- starring Val Kilmer, Anne Parillaud, Adam Coleman Howard, and Amanda Plummer, featuring Famke Jensen and Teri Hatcher, and written and produced by Philippe Caland -- will be available exclusively through NetMusic.com.
The controversial movie, which centers on the dark sexual obsession of necrophilia, was virtually blacklisted by Hollywood and shelved due to its graphic content. Val Kilmer delivers a breakthrough performance as a twisted, "devil's advocate" style psychiatrist who eggs on the murderous intentions of his patient.
This unique release is purposely timed in conjunction with the March 18th NY release of Hollywood Buddha, Philippe Caland's new highly engaging satire about an independent producer's obsession with getting his movie ("Dead Girl") sold and distributed.
"This represents the ultimate intersection of entertainment and democracy, creativity and capitalism," explains NetMusic Chairman and CEO, Glen Starchman. "At NetMusic, our vision is nothing short of creating the entertainment marketplace for the 21st century, complete with the transparency that is otherwise absent within current distribution models.
Starchman adds, "Traditionally, an independent film production company would be thrilled to have thousands of consumers watching its movie on any given day. Of course, this is impossible if you don't have distribution deals covering movie theaters, but practically speaking there are so few of them available. NetMusic will take entertainment directly to consumers anywhere in the world, anytime. NetMusic will build this model through the indie film community, and then seek out the major studios and production companies. This is the same growth plan we have employed in building our industry leading music catalogue, and we shall leverage that experience and success to build the world's largest visual entertainment catalogue as well."
NetMusic is developing several strategic relationships to further its entry into Video-On-Demand. The company has announced content development and distribution partnerships with Zamek Worldwide and KlikVU, Inc.
About NetMusic:
Edmonds, Washington-based NetMusic Entertainment (http://www.netmusic.com/) is a global digital media company focused on providing consumers entertainment on their own terms: anytime, anywhere. The company offers digital music downloads, digital jukeboxes, video-on-demand and online video rental services across the globe. NetMusic also offers the largest online collection of independent music in the world -- a licensed catalog of over one million tracks, incorporating 4000 plus labels. Recently, the company announced plans for the acquisitioning of licensing to the catalogues of the largest recording companies in the industry. Investors interested in obtaining more information about the company are invited to visit: (http://www.netmusic.com/corp/).
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although NetMusic Entertainment Corporation believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by NetMusic Entertainment Corporation or any other person that the objective and plans of NetMusic Entertainment Corporation will be achieved.