SANTA MONICA, Calif., April 8, 2008 (PRIME NEWSWIRE) -- Indie Ranch Media, Inc. (Pink Sheets:INDR) is pleased to announce that the company has begun trading and wishes to provide an initial report on its business.
Located in Santa Monica, California, Indie Ranch Media, Inc. is a virtual studio comprised of experienced filmmakers and technologists, but without the overhead typically associated with a traditional post-production facility. The Company will leverage its strong industry relationships with qualified service providers to package expert guidance with start-to-finish post-production services. The goal of Indie Ranch Media is to bring Hollywood caliber expertise to the desktop of independent producers worldwide and to pass the savings on to independent filmmakers. To facilitate this process, the Company plans to develop the first website geared towards providing affordable, forward-looking services to a growing number of digital filmmakers.
The Company is operated by management experienced in film, TV and new media with strong relationships in the creative and technical communities and a track record of successful film, television and IPTV (Internet Protocol Television) productions and industry partnerships. Indie Ranch Media recognizes the potential for an "open access" Internet studio to generate positive branding within the independent film community, and by extension, correlating that goodwill to advertisers willing to support such a studio. Utilizing its extensive production experience and industry relationships, the company plans to create high end, original internet content websites.
Market and Customers:
Indie Ranch's customer base will be the growing number of digital filmmakers that are using inexpensive HD cameras, desktop editing systems and the Internet to create and deliver their content to niche audiences worldwide. Professional and amateur distributors are adopting platforms such as IPTV and Digital Cinema to deliver their video content without the high cost of manufacturing and shipping. The Company is positioning itself to benefit from the continued surge in advertising over the internet.
Internet advertisers alone can target specific programming and messages to audiences worldwide, and then instantly measure results for effectiveness and cost-efficiency. Continuing audience fragmentation will create new opportunities for niche content creators and advertisers seeking global audiences based on common interests. The competition for original high-quality content and viable cyber communities will be intense, as illustrated by the multibillion-dollar acquisitions of MySpace and iVillage.
Indie Ranch Media has developed an innovative business model designed to take advantage of the extraordinary shifts taking place in both content creation and the transfer of billions of dollars in ad revenue from established media (TV and Print) toward the online space.
About Indie Ranch:
India Ranch Media, Inc. is developing a comprehensive Internet Protocol Television (IPTV) studio and production and post-production services company. The Company's management is experienced in film, TV and new media with strong relationships in the creative and technical communities, and a track record of successful film, television and IPTV productions and industry partnerships. Indie Ranch Media collaborates with industry leading artists, engineers, post-production experts and equipment manufacturers to provide filmmakers with innovative and cost effective solutions to bring their visions to life. Please visit the company's website at: www.indranch.com
Safe Harbor Statement under the Private Securities Litigation
Safe-Harbor Statement: Under the Private Securities Litigation Reform Act of 1995. This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.