|By Marketwired .||
|May 30, 2014 12:49 PM EDT||
MIAMI BEACH, FL -- (Marketwired) -- 05/30/14 -- Mindpix Corporation (PINKSHEETS: MPIX) (OTC Pink: MPIX) ("Mindpix" or the "Company"), is pleased to announce that New Gospel Entertainment ("NGE") an MPIX majority owned venture with Out East Entertainment will be adding 2 more national multi-media Gospel tours to its current portfolio. In addition to the previously announced Bridge to Believe tour, NGE is developing a late Fall 2014 Tour with Yolanda Adams and a Spring 2015 Tour with Vashawn Mitchell and Tasha Cobb.
NGE was created to leverage the growing influence of the gospel faith-based market, which is projected to have a spending power of $1.7 trillion by 2017. The goal of the joint venture is to create an ongoing series of live concert events and original content programs for multi-media broadcast and distribution. The tours and all properties under the NGE umbrella will generate revenue through traditional ticket sales, merchandising, sponsorships and advertising as well as through new media streaming/VOD events and social media driven ancillary revenue opportunities. NGE events and content will appeal to a core multigenerational audience that values strong family connections and is extremely loyal to brands that are active in their community.
The first concert tour announced by New Gospel Entertainment for the September and October of 2014 is "Bridge to Believe", is a 22-city US tour with Multi-Grammy Award winning artist Bishop Hezekiah Walker, Tye Tribbet and Stellar Award winning artist Vashawn Mitchel. The tour concerts will be held in some of the nation's largest (5000 seat) mega-churches in the following cities:
Dallas Nashville Pittsburgh Houston Charlotte Cincinnati New Orleans Columbia Detroit Miami Chicago Jacksonville Ft. Washington Indianapolis Atlanta St. Louis Philadelphia Birmingham Trenton Memphis Jamaica Raleigh Durham
The three tours are projected to generate NGE in excess of $10 million in gross aggregate revenue starting in Q3 2014 through Q2 2015. In addition to producing the tour, NGE will create original broadcast media content for multi-media distribution. This will be a combination of long format concerts as well as individual songs and special behind the scenes looks and personal interviews with key opinion leaders and artists. These media assets will be utilized to generate additional digital advertising revenue as well as streaming and video on demand (VOD) purchases for both concerts and short form content.
Steven Marrs, OEE President & Co-Managing Partner of NGE states. "We've always envisioned NGE as home to multiple events and media properties, traditional and digital, addressing this large untapped market. The model of combining live events with the creation of original content is a win-win strategy for our artists and sponsor partners. . This opportunity to create and distribute new compelling original content experiences is greatly expanded by the new digital strategy that MPIX is employing. We truly look forward to growing these franchise banded properties well into the future."
"Steven and I could not be more pleased with the progress of NGE and the recent very positive developments. Out East Entertainment's extraordinary relationships within the faith-based marketplace have allowed the development of these first three tours as well as a host on original content opportunities to monetize with sponsors and direct offerings to an expanded global audience through paid streaming and VOD distribution," said Victor Siegel, CEO of Mindpix and Co-Managing Partner of NGE. "As we roll-out each tour, the social media relationships we are developing will be major assets to market new offerings and reach this audience directly in the future. Each year and with each and every event produced this social community and database grows with MPIX capturing social media information and analytical metrics. This joint venture is an exceptional example how MPIX will combine both of its divisions, MPIX Media Services and Mindpix Presents to create long term capital assets and recurring revenue streams for the future. As always MPIX is completely focused on generating top line revenue and long term shareholder value."
About Mindpix Corporation
Mindpix Corporation (PINKSHEETS: MPIX) (OTC Pink: MPIX) is a technology driven multi-platform media company focused on owning, creating and/or managing multi-media entertainment and sports and US Hispanic media properties across the globe. Through a unique eco-system, MPIX provides the critical on-line video technology, production, digital marketing, audience development, payment services, sponsor acquisition, digital and traditional media distribution services to drive revenue for live and VOD (video on demand) events globally.
MPIX disclosure and financial information is published on OTC Markets and can be found at the following site: http://www.otcmarkets.com/stock/MPIX/filings/
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Apr. 29, 2016 09:15 PM EDT Reads: 311
The IoT has the potential to create a renaissance of manufacturing in the US and elsewhere. In his session at 18th Cloud Expo, Florent Solt, CTO and chief architect of Netvibes, will discuss how the expected exponential increase in the amount of data that will be processed, transported, stored, and accessed means there will be a huge demand for smart technologies to deliver it. Florent Solt is the CTO and chief architect of Netvibes. Prior to joining Netvibes in 2007, he co-founded Rift Technol...
Apr. 29, 2016 09:00 PM EDT Reads: 1,539
If there is anything we have learned by now, is that every business paves their own unique path for releasing software- every pipeline, implementation and practices are a bit different, and DevOps comes in all shapes and sizes. Software delivery practices are often comprised of set of several complementing (or even competing) methodologies – such as leveraging Agile, DevOps and even a mix of ITIL, to create the combination that’s most suitable for your organization and that maximize your busines...
Apr. 29, 2016 08:30 PM EDT Reads: 1,747
New Relic, Inc. has announced a set of new features across the New Relic Software Analytics Cloud that offer IT operations teams increased visibility, and the ability to diagnose and resolve performance problems quickly. The new features further IT operations teams’ ability to leverage data and analytics, as well as drive collaboration and a common, shared understanding between teams. Software teams are under pressure to resolve performance issues quickly and improve availability, as the comple...
Apr. 29, 2016 07:30 PM EDT Reads: 2,401
The proper isolation of resources is essential for multi-tenant environments. The traditional approach to isolate resources is, however, rather heavyweight. In his session at 18th Cloud Expo, Igor Drobiazko, co-founder of elastic.io, will draw upon their own experience with operating a Docker container-based infrastructure on a large scale and present a lightweight solution for resource isolation using microservices. He will also discuss the implementation of microservices in data and applicat...
Apr. 29, 2016 05:15 PM EDT Reads: 1,695
Join IBM June 8 at 18th Cloud Expo at the Javits Center in New York City, NY, and learn how to innovate like a startup and scale for the enterprise. You need to deliver quality applications faster and cheaper, attract and retain customers with an engaging experience across devices, and seamlessly integrate your enterprise systems. And you can't take 12 months to do it.
Apr. 29, 2016 04:30 PM EDT Reads: 1,776
See storage differently! Storage performance problems have only gotten worse and harder to solve as applications have become largely virtualized and moved to a cloud-based infrastructure. Storage performance in a virtualized environment is not just about IOPS, it is about how well that potential performance is guaranteed to individual VMs for these apps as the number of VMs keep going up real time. In his session at 18th Cloud Expo, Dhiraj Sehgal, in product and marketing at Tintri, will discu...
Apr. 29, 2016 04:30 PM EDT Reads: 639
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, will discuss how research has demonstrated the value of Machine Learning in delivering next generation analytics to im...
Apr. 29, 2016 03:45 PM EDT Reads: 1,621
This is not a small hotel event. It is also not a big vendor party where politicians and entertainers are more important than real content. This is Cloud Expo, the world's longest-running conference and exhibition focused on Cloud Computing and all that it entails. If you want serious presentations and valuable insight about Cloud Computing for three straight days, then register now for Cloud Expo.
Apr. 29, 2016 03:30 PM EDT Reads: 1,669
As you respond to increasing requests for new analytics, you need fast and flexible technology in your arsenal so that you can deploy the right workload to the right platform for the need at hand. Do you need self-service and fast time to value? Do you have data and application control and privacy needs, along with strict SLAs to meet? IBM dashDB™ is data warehouse technology powered by in-memory computing and in-database analytics that are designed for fast results, scalability and more.
Apr. 29, 2016 03:15 PM EDT Reads: 1,548
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Apr. 29, 2016 03:00 PM EDT Reads: 863
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
Apr. 29, 2016 02:45 PM EDT Reads: 871
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
Apr. 29, 2016 02:30 PM EDT Reads: 1,407
IoT device adoption is growing at staggering rates, and with it comes opportunity for developers to meet consumer demand for an ever more connected world. Wireless communication is the key part of the encompassing components of any IoT device. Wireless connectivity enhances the device utility at the expense of ease of use and deployment challenges. Since connectivity is fundamental for IoT device development, engineers must understand how to overcome the hurdles inherent in incorporating multipl...
Apr. 29, 2016 02:30 PM EDT Reads: 1,415