|By Marketwired .||
|April 8, 2014 02:00 AM EDT||
LOS ANGELES, CA -- (Marketwired) -- 04/08/14 -- Truli Media Group, Inc. (OTCQB: TRLI), parent company of Truli.com, a global, faith and family friendly media content platform and social community hub, today announced new site upgrades, to Truli.com. The enhancements include a redesign of the pages and user experience, the ability to offer paid Video on Demand (Pay Per View) and eCommerce options. The site redesign will attract many additional unique users.
"Truli now offers its content partners the ability to sell PPV Video and Upload eBooks for sale to enhance their own revenue streams. Content Partners transactional content is available online and on popular mobile devices and tablets. Truli Transactional Content is connected to an audience that loves quality content. Content Partners keep 50% of revenue after transaction fees, and Truli covers all delivery costs. Content Partners can set at the price they want, starting at $0.99. Truli Transactional Content gives Partners the power to sell their work directly to a passionate audience," said Michael Jay Solomon, Founder, Chairman and CEO of Truli. Mr. Solomon added, "By adding these new features we further enhance the opportunity for the users of Truli to connect with quality content. For our investors this adds an important revenue stream that allows us to continue to innovate. We also stay ahead of the curve and expand our already huge library."
Truli.com offers a unique distribution platform focused on Christian and family-friendly content that is free for users to view, interact and engage with on any mobile apparatus such as tablets, phones, smart TV, etc. Truli is free for ministries as many additional sermons are delivered weekly, as well as music videos, film/television content, sports, comedy and educational material. Truli offers a single platform that is flexible and easy to access to connect users, enabling the delivery of relevant and family content to the Evangelical community market of 100+ million people in the U.S. (and 700+ million outside the U.S.) representing $4.3 billion of annual gross industry sales in the U.S. alone.
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This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.