X

Studio One Media, Inc. (SOMD.OB) Scheduled to Expand MyStudio Product Installation

Today, Studio One Media, Inc. announced the scheduled installation of two MyStudio personal recording studios in Los Angeles and New York, set to occur later this summer. Expansion into these key markets will gain national presence and notoriety for the company, in addition to offering millions of consumers an opportunity to experience MyStudio’s innovative product.

Since the company’s launch in September 2008, thousands of videos have been created by the public for a multitude of uses including music, modeling, comedy, reality TV auditions, job resumes, dating, and personal greetings. Additionally, MyStudio has hosted dozens of music, modeling and comedy contests and auditions which have provided users with unique opportunities to showcase their talents.

Founder Larry Ryckman commented, “We are very pleased to be in a position to begin our long awaited national roll out in two very important strategic locations, Los Angeles and New York, which are cornerstones for achieving critical mass for MyStudio, We have high expectations for these new studios, as our first MyStudio located in Scottsdale has experienced growth in both revenue and website traffic during its first nine months of operation, despite launching in a very difficult retail environment. In addition, we have enjoyed excellent customer satisfaction and a high percentage of repeat users.”

Studio One plans to install the first, new MyStudio in a private showroom in Los Angeles in late July, where the Company will introduce its revolutionary product to the entertainment and investment communities. Following the industry showcase, the studio will be relocated to a premier shopping center in the Los Angeles area. The New York studio will be placed in a prominent mall in late August. The company expects to install additional studios nationwide this year, followed by international expansion.

Ryckman added, “Our existing partnerships with EMI Music Publishing, Reality TV giant Mark Burnett Productions and The GRAMMY Foundation have proven to be very successful for MyStudio and we look forward to expanding our strategic partnerships as we enter the national market.”

Let us hear your thoughts below:

Related Post