Founded in 1965, Private Media distributes exclusive content via a wide range of media platforms, including narrow and broadband Internet, DVD and video, magazines, wireless and the recent launch of a 24-hour Private Media television channel over a broadband connection called PrivateTV.tv.
PrivateCash offers webmasters payment options such as dialers, credit and debit cards, web checks, SMS and wire transfers, with $20 affiliate payouts on monthly subscriptions and $65 on annual subscriptions to its websites Private.com, Privatespeed.com, Private Shop and Privatelive.com.
Traded on the Nasdaq under the ticker symbol PRVT, Private Media hit a 52-week high on Jan. 10 at $5.10 per share.
In early January, Private Media signed a license agreement for a Private Center retail outlet to open in London later this year that will stock Private-branded products ranging from lingerie, sex toys, DVDs and lifestyle prducts. The announcement comes on the heels of a December launch of a Private Center in the Zurich airport and the company's overall strategy to roll out Private Centers in high-profile international areas.
According to Private Media, the centers will be a platform to launch exclusive loyalty programs for VIP customers and will also serve as focal points for newsletters and events. The centers are part of an overall franchise program for outside parties to carry branded Private Media products, magazines and DVDS.
