FOR IMMEDIATE RELEASE
SKWEEZ MEDIA Accepting Bitcoin for Extensive Online Adult Library
Revolutionary Internet Television Network Announces Acceptance of Digital Currency in Addition to Traditional Methods!
January 28, 2014 --- Santa Monica, CA --- SKWEEZ MEDIA announces it has started accepting the digital currency, Bitcoin, in addition to traditional credit card payments. Dubbed ?the iTunes of porn? by CNBC.com, the service provides Netflix- and Hulu-like capabilities, while offering a new approach to the online video service platform for adult entertainment.
Bitcoin is the first peer-to-peer payment system introduced as an ?open source? payment option, attractive for many who prefer anonymity when conducting adult transactions. Bitcoin, often referred to as ?crypto-currency? since it relies on cryptography to control the creation and transfer of money, come with much lower transaction fees compared to those of credit card processors.
?Bitcoin is a perfect payment option for our customers,? says SKWEEZ MEDIA Executive Vice President of Content and Marketing Mike Kulich. ?Our site does not rely on recurring billing, which seems to be an issue for most paysites. SKWEEZ MEDIA relies specifically on per-day purchases of streaming access, so any fluctuations that may occur with Bitcoin valuations are also a non-issue.?
Though Bitcoin has come under scrutiny due to its lack of consumer protections, a recent US Senate meeting found it to be a legitimate monetary instrument. The decision resulted in over 1,000 brick and mortar businesses and over 35,000 merchants online, including Overstock.com, Zynga, and Virgin accepting bitcoins as payment.
?Anonymity is a great aspect of Bitcoin,? adds SKWEEZ MEDIA President Jamey Kirby. ?Credit card payment processing has always been a sticky subject for many adult consumers. Removing adult purchases from credit card statements, as well as mitigating charge disputes, makes paying with bitcoin the perfect currency for the adult entertainment market, both for consumers as well as producers.?
SKWEEZ MEDIA wrapped up a successful unveiling of its revolutionary internet television network during the 2014 Adult Entertainment Expo (AEE), with mainstream media outlets CNBC, Yahoo Finance, and Huffington Post all touting the company?s revolutionary platform as a possible solution for a lagging adult industry economy, plagued by piracy and the bottoming-out of physical DVD sales. SKWEEZ MEDIA?s approach to content licensing, content delivery, and anti-piracy, along with the platform?s unique, non-subscription-based monetization model were all heralded as innovative methods of content delivery for the adult industry.
SKWEEZ MEDIA presents licensed titles by content owners in an unlimited-streaming-per-day format, on multiple platforms, at a price point more comparable to current mainstream viewing habits. SKWEEZ MEDIA offers full-length titles and shows, similar to the mainstream online video platforms, but at a fraction of the cost of purchasing physical DVDs.
The unlimited streaming offered for one low price per day on SKWEEZ MEDIA appeals to consumers who have moved away from monthly recurrent paysite billing and per-minute tube site billing for adult entertainment. For content owners and studios, the licensed titles are monetized with payment for every licensed product viewed using a proprietary revshare model.
Media wishing to demo skweezme.com or schedule an interview with SKWEEZ MEDIA?s founders should contact
[email protected].
Studios entering into licensing arrangements with SKWEEZ MEDIA have provided a large content library of titles available on the SKWEEZ MEDIA platform, with many more on the way. Content on SKWEEZ MEDIA will be available via the Web for PC and mobile devices and on all Roku players.
SKWEEZ MEDIA invites studios and performers with content to partner in licensing and revshare agreements. Those interested in adding this revenue stream to their overall marketing plans are invited to contact
[email protected] for more information and assistance.
About SKWEEZ MEDIA, LLC:
SKWEEZ MEDIA is an Internet television network offering a large selection of new and classic adult-oriented movies and shows. The SKWEEZ MEDIA service presents content aggregation and online distribution to a new millennium audience. More than a video-on-demand platform, SKWEEZ MEDIA delivers mainstream, live, local, and adult content to consumers via phones, desktop computers, laptops, tablets, and smart televisions. By offering licensed adult content, SKWEEZ MEDIA takes mainstream online video services such as Hulu, Netflix, and Crackle to the next level. It captures a significant portion of the 100 million potential consumers currently utilizing streaming services. Rather than following the monthly subscription model utilized by mainstream services, SKWEEZ MEDIA targets those consumers who have grown accustomed to instant-gratification purchasing by offering unlimited streaming at a low per-day rate. Through instituting the micropayment model, consumers need to only pay for the days they enjoy the service as it is used. Content owners under the SKWEEZ MEDIA licensing agreement are then paid a revshare (percentage of sales revenue) of the total monthly viewing minutes of their titles. SKWEEZ MEDIA is creating the next generation of television content delivery, displacing current cable and satellite television offerings by reducing distribution costs, giving the consumer more control over spending, and providing unprecedented amounts of content for global on-demand access. For more information, visit
www.skweezme.com or twitter.com/SkweezMedia.
Keywords:
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For SKWEEZ MEDIA media information, please contact
[email protected]