$SDIG WOWIO and StationDigital Sign Ad-Delivery
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WOWIO and StationDigital Sign Ad-Delivery Partnership
WOWIO and StationDigital Sign Ad-Delivery Partnership
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StationDigital Corporation (USOTC:SDIG)
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Today : Wednesday 12 November 2014
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ST. LOUIS, Nov. 12, 2014 /PRNewswire/ -- StationDigital Corporation (OTCQB:SDIG), an internet radio and digital broadcast platform provider today announced that is has successfully entered into an Ad-Delivery partnership with leading digital media technology company, WOWIO (OTCBB:WWIO). Utilizing a patented process for inserting ads into eBooks and a proprietary mobile ad network, WOWIO will bring its expertise and management skill to an important revenue stream for StationDigital.com. WOWIO's chief operating officer, Jacob Morris, will oversee the new ad-delivery program to generate revenue growth for both WOWIO and StationDigital.
Lou Rossi, CEO of StationDigital stated, "We are extremely excited by this partnership and what it will add to the StationDigital model going forward. Having a top notch expert like Jacob Morris heading this partnership was an opportunity we could not afford to pass up. We believe that this will result in the overall increase in our ad revenues as well as a significant improvement in CPM rates."
Since the launch of their mobile applications in March, StationDigital has averaged nearly 350,000 monthly active sessions with each session lasting 40 minutes on the website and 20 minutes on the mobile application. The company currently offers over 27 million songs and will be expanding into providing other forms of content soon.