LUXD - Acquisition news just out: Link:

New Post Public Reply Private Reply Replies (2) Message Board

Sep 7, 2012 at 12:23 PM

LUXD - Acquisition news just out:

Link: http://www.marketwire.com/press-release/lux-d...698698.htm

September 07, 2012 08:30 ET
Lux Digital Pictures Announces Acquisition of RadioLoyalty

LOS ANGELES, CA--(Marketwire - Sep 7, 2012) - Lux Digital Pictures, Inc. ("Lux") (OTCQB: LUXD) announced today the acquisition of RadioLoyalty, Inc. ("RadioLoyalty"), a leading provider of Internet and mobile advertising monetization solutions for Internet and terrestrial radio broadcasters. The transaction closed on August 31, 2012.

In May 2012, RadioLoyalty's Internet radio advertising network was ranked #1 by comScore in the "Entertainment-Radio" category, with a potential reach of 68.5 million unique visitors in the United States. RadioLoyalty was ranked ahead of Pandora, CBS Radio, AOL Radio, Yahoo Radio, Westwood One and Clear Channel.

Michael Hill, Chief Executive Officer of Lux, said, "We aggregate, organize, and monetize the Internet and terrestrial radio broadcasting sector. We generate increased advertising rates and opportunities by utilizing our UniversalPlayer™ patent pending technology. By aggregating a worldwide audience within this industry we are creating enormous value for the world's leading brands and advertisers. Providing advertisers the ability to reach their acquisition target through multiple user devices is a powerful capability. The digital ad rates we generate have never before been seen within the radio broadcasting sector."

Aaron Gravitz, President of RadioLoyalty, stated, "We now have over 1,000 radio stations utilizing our platform. We have an enormous market reach, unique technology , and a team of experienced and highly successful professionals from converging industries. We look forward to the growth and success of this business during the next decade, taking full advantage of the seemingly unlimited opportunities we see within the Internet and mobile advertising sectors."

About Lux Digital Pictures, Inc.
Lux Digital Pictures, Inc. ("Lux") operates an industry-leading cross-platform digital streaming and online marketing service network. Through its proprietary platforms, RadioLoyalty™ and Watchthis™, Lux operates a vast content network and utilizes its unique patent pending technology to deliver in-stream video advertisements. With services including one of the largest video advertising networks online, coupled with its vast internal proven network of online marketers, Lux provides advertisers with the solutions they need to effectively execute highly targeted advertising campaigns reaching new audiences within the high-growth Internet and mobile environments. Visit the StreamTrack Media website for more information at http://www.streamtrackmedia.com

About RadioLoyalty, Inc.
RadioLoyalty, Inc. operates RadioLoyalty™, a platform that is quickly becoming the leading way to listen to music, talk radio, and sports over the Internet and on mobile phones . The UniversalPlayer™ provides broadcasters with the tools necessary at no out of pocket expense to maximize their revenue and significantly decrease, or eliminate their expenses. Advertisers are provided with a cost - effective means to reach their target audience from one source and more importantly at scale across the entire RadioLoyalty platform. Listeners worldwide use the platform to access specific audio content including unlimited music, talk, sports and more, while earning loyalty points redeemable for merchandise. With more than 1,000 stations to choose from, it is easy to find great content. Browse by station, genre, song, artist or album now using the RadioLoyalty guide at: http://radioloyalty.com/station-guide/index.php.

Forward-Looking Statements
This announcement contains forward-looking statements about Lux Digital Pictures, Inc. and RadioLoyalty, Inc. that may involve risks and uncertainties. Important factors relating to the company's operations could cause actual results to differ materially from those in forward-looking statements and which are further detailed in filings with the Securities and Exchange Commission available at the SEC website ( http://www.sec.gov). All forward-looking statements are based on information available to Lux Digital Pictures, Inc. on the date hereof, and Lux Digital Pictures, Inc. assumes no obligation to update such statements.

Contact Information

Investor Relations Contact:
Lux Digital Pictures, Inc.
Michael Hill
Chairman and Chief Executive Officer
+1 805-308-9151

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Bellissima Bags Allure Award for Curly Hair Tool

Award-Winning Tool Headlines 2026 Beauty Scene There's a shake-up in the world of hair tools, folks. Bellissima's Diffon Supreme has snagged a 2026 Allure Best of Beauty Award for its prowess in taming the curly, wavy, and coily strands we all crave to manage. Performance Meets Innovation in Bellissima's Latest Let's not beat around the bush. The Diffon Supreme's trump...

Crimson Coward's Cheez Nugs Shake Up Fast-Casual Scene

New Kid on the Block: Cheez Nugs Buckle up folks, Crimson Coward is at it again. They're rolling out something they claim will blow your taste buds straight out of the water: Cheez Nugs. Dropping nationwide on September 18, 2026, these aren't your run-of-the-mill cheese bites. We're talking 100% whole-milk mozzarella, a golden herb-seasoned crust, and a mouthful of creamy...

Vetology Reinvents AI Models for Veterinary Radiology

Revamping AI in Veterinary Practices Out there in San Diego, Vetology's been rolling up its sleeves and getting down to brass tacks with a complete do-over of their AI classifiers. They’ve rebuilt all 94 of them, every last one, on a brand-new architecture. No small task, this overhaul stretched from June to August and it wasn't just paint and polish but a whole new...

Buffett Steps Down, New Faces at Berkshire Hathaway

End of an Era: Warren Buffett's Retirement Warren Buffett—there's a name that's echoed through the halls of investment for decades. Today, he's pulling down the curtain as Chairman of Berkshire Hathaway (NYSE: BRK). No fanfare, just a nod to the inevitable with his classic, humor-tinged confession: 'Father Time always wins.' Can’t argue with the man who’s seen the...

Fly High: Encouraging Girls to Soar into Aviation

The Sky's Not the Limit—It's Just the Beginning Step aside, conventional paths. There's a flight school owner in Sedona, Arizona, making waves by encouraging girls to swap their land-bound dreams for sky-high aspirations. This International Girls in Aviation Day, Michelle Smith wants young dreamers to know their possibilities span as wide as the open sky. Defying...

Heafner Takes Helm at HGTC Amid Strategic Shifts

A New Era for HGTC with Dr. Heafner at the Wheel Out of the frying pan and into the fire—Dr. Lori Heafner is stepping up to lead Horry-Georgetown Technical College (HGTC) with a clean slate and a hefty load of responsibility come January 2027. After enduring an intense national search by the Area Commission, she beat out tough competition to earn the role. It's not just...

ETERC's Ele Aims to Revolutionize STEM Education for All

The AI Mentor Battleground in Education Ever found yourself wondering how public schools could step up their game without dumping money down the tech rabbit hole? ETERC’s latest push with Ele may just be a game-changer for them. We're not talking about your run-of-the-mill chatbot regurgitating facts from the internet—this is an AI tricked out for personalized...

Celebrate National Service Dog Month with Canine Companions

A Month to Celebrate Unseen Heroes Take a pause. We're talking about National Service Dog Month. What in the world could be more endearing than a pack of puppies, those hopeful bundles of joy, destined to grow up and play pivotal roles in people's lives? Canine Companions is rolling out the red carpet for these future heroes, with a nine-day Puppy Cam event from September...

Digital Wine Atlas Maps 4.3 Million Vineyards Globally

Revolutionizing Viticulture with Data In today's wild world, climate change isn't just shifting weather patterns—it's upending the age-old map of wine-making regions. We've got a new player on the field: the World Winery Map. It's digital, massive, and it’s shaking things up for winemakers and grape enthusiasts alike. This platform covers a staggering 4.3 million...

Arizona Voters Demand Clear Plans for 2026 Election

A Shift in Voter Expectations: Clear Actions Needed Arizona voters have spoken, and they aren't looking for the same old political song and dance anymore. They crave something meatier—action, not just words. Heading into the 2026 general election, folks in the Grand Canyon State are demanding concrete solutions and straightforward answers from those who seek to lead...