Las Vegas, Nov. 19, 2013 (GLOBE NEWSWIRE) -- Remark Media, Inc. (NASDAQ: MARK), a global digital media company, today announced that it is the official Digital Distributor of the Clash in Cotai boxing event headlined by Manny Pacquiao vs. Brandon Rios. Clash in Cotai is co-promoted by Top Rank and Venetian Cotai, and will take place on November 24, 2013, in Macao (Saturday evening, November 23, 2013, in U.S. timezones).
Remark Media is distributing the Clash in Cotai event live to consumers in greater China, with platform partner PPTV, and in South Korea with platform partner UStream Korea. The Clash in Cotai is headlined by the Pacquiao - Rios bout, and features Evgeny Gradovich, Andy Ruiz, and 2-time Olympic gold medalist Zou Shiming, the most decorated Chinese boxer in history. Audiences in greater China can visit http://leader.pptv.com/boxing/ , and audiences in South Korea can visit http://www.ustream.tv/pacquiao-rios , to watch the fight live and free of charge.
Remark Media also today announced that it is creating China's first Boxing Channel, which will be distributed on PPTV's platform. The Boxing Channel will feature live boxing events, documentaries, feature films, interviews, analysis and highlights from the boxing world. The Clash in Cotai is the Boxing Channel's inaugural event. The Boxing Channel, as with PPTV's other leading sports channels which exclusively distribute the English Premier League and the NFL, will feature a main lobby allowing viewers to browse and view on-demand content, as well as watch live events as they are broadcast. Remark Media is marketing the Boxing Channel and its live events broadcast on the channel via campaigns on Chinese social media Weibo and Weixin, incorporating celebrities, sports influencers, and cultural opinion leaders. The Boxing Channel is online at http://leader.pptv.com/boxing/ .
About Remark Media
Remark Media, Inc. (Nasdaq: MARK) is a global digital media company focusing on delivering original content to the 18-to-34 year old demographic primarily in Asia and the United States through its assets focused on consumer verticals, including: Bikini.com, Banks.com, US Tax Center at IRS.com, FileLater, MyStockFund, BoWenWang and ComoTudoFunciona. The Company is headquartered in Las Vegas with operations in Atlanta, Miami, Beijing and São Paulo. Remark Media is listed on The NASDAQ Capital Market.
Forward-Looking Statements
This press release contains "forward-looking statements," as defined in Section 27A of the Securities Act of 1993, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be in the future tense, and often include words such as "anticipate", "expect", "project", "believe", "plan", "estimate", "intend", "will" and "may". These statements are based on current expectations, but are subject to certain risks and uncertainties, many of which are difficult to predict and are beyond the control of Remark Media. Relevant risks and uncertainties include those referenced in Remark Media's filings with the SEC, and include but are not limited to: our losses and need to raise capital; successfully developing and launching the Boxing Channel; reliance on third parties such as PPTV; ability to procure content and monetize audiences; restrictions on intellectual property under agreements with third parties; challenges inherent in developing an online business; reliance on key personnel; risks of business in foreign countries, notably China and Brazil, including obtaining regulatory approvals and adjusting to changing political and economic policies; governmental laws and regulations, including unclear and changing laws and regulations related to the internet sector in foreign countries, especially China; general industry conditions and competition; and general economic conditions, such as advertising rate, interest rate and currency exchange rate fluctuations. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and therefore should be carefully considered. Remark Media assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.
Douglas Osrow +1 (702) 701-9514 ext. 3025
