|By PR Newswire||
|December 6, 2013 04:00 AM EST||
LONDON, December 6, 2013 /PRNewswire/ --
Global Digital Systems PLC (CSE-ECM:STC), owner of SiteTalk.com, one of the world's fastest growing Social Networking Platforms with more than 15,000,000 Members, is pleased to announce that it is finalizing an agreement with a major digital entertainment provider that will allow Members to download and stream digital entertainment content and generate revenue by reselling content.
"SiteTalk Music" will bring SiteTalk Members a new streaming music and entertainment service with access to more than 18 million song titles, plus DVDs, ebooks and audio books. This unique new service will be available to all SiteTalk Members on a monthly subscription basis.
Once the agreement is finalized and implemented at SiteTalk.com, SiteTalk's Members will be able to create playlists and actually be paid for distributing music and other digital content to the masses both at SiteTalk.com and on other websites by using simple embed codes. Bands and artists will be able to use SiteTalk Music to promote, sell and profit from their own music and other digital content.
"This is a very important moment in the evolution of SiteTalk as a Social Networking Platform," said Frank Ricketts, General Manager of SiteTalk. "The online streaming and downloading experience is the number one trend in the delivery of digital entertainment today. By allowing our Members to experience this not just as entertainment, but also as a business opportunity, we have once again tied together the social networking experience with the business experience, and we believe this is the future of the Social Networking Platform."
SiteTalk and its content partner are finalizing a mutually beneficial agreement and expect to launch SiteTalk Music formally before the end of 2013.
About Global Digital Systems PLC
Global Digital Services PLC trades on the Cyprus Stock Exchange's Emerging Companies Market under the symbol STC. SiteTalk Community Inc. became a wholly owned subsidiary of GDS pursuant to a transaction that closed on July 30, 2013. Presently, Global Digital Systems PLC's sole asset is SiteTalk Community Inc., a multi-functional and multi-lingual social networking platform that enables members to connect, communicate and create business opportunities.
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