LOS ANGELES, Sept. 28, 2007 (PRIME NEWSWIRE) -- NT Media Corp. (www.ntmedia.tv) (OTCBB:NTMI) announced today that it has acquired YouTubeVibes, a video search portal website dedicated to showcasing video clips and media generated by users. The site can be viewed at www.youtubevibes.com.
The move is part of NT Media's strategy of acquiring and launching media properties which generate revenue through on-line advertising. At the current time, all of YouTubeVibes' revenues come from advertising, however, the Company is also examining other potential revenue streams.
The company recently announced its foray into Targeted Social Networks with the launch of www.Singledads.ning.com.
"We are very pleased to have completed this acquisition and we continue to pursue other possibilities as well. This fits in with our strategy of becoming an integrated digital media company focusing on Video, Music, and Social Networking," said Ali Moussavi, CEO of NT Media.
For advertising and sponsorship opportunities, please email us at contact@ntmedia.tv
About NT Media
NT Media Corp. is a publicly traded diversified entertainment and Media Company based in Los Angeles California with operations in digital media.
Forward-Looking Statements
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ.