SAINT PETERSBURG, Fla., Feb. 27, 2014 (GLOBE NEWSWIRE) — UMining Resources Inc. (OTCPink:UMNG) (www.getittunesagora.com) announces a new joint venture with Get It Tunes Agora Inc. (GITA), a New York State registered corporation.
UMining Resources Inc. plans a new direction and a name change. It will aspire to transform itself into “the alternative” multi-media company by building alliances with international companies and “mine” the world’s cultural archives. UMNG proposes to generate revenues by using the websites, proprietary catalogues and software of GITA, to offer “world class” multimedia content directly to consumers. By offering live streaming of shows and concerts, we also plan to obtain revenues through sponsorships and advertising. We will use GITA’s expertise to facilitate social media interaction between artists/groups and fans.
“Streaming continues to be a very bright spot for the music industry, with more than 32% growth over last year, including a remarkable +103% increase in On-Demand Audio streaming.” (David Bakula, SVP Nielsen Entertainment).
The Company will be acquiring rights of works in the Spanish language and is initially targeting the Hispanic market because the upscale Latinos have been the most market changing influence since the baby boomers. They like to “consume” content in both languages but tend to switch for audiovisual content, with wide spread usage of the Internet and mobile phones, (source Nielson Holdings)
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