LOS ANGELES, CA -- (Marketwire) -- 10/15/12 -- Truli Media Group, Inc., (OTCQB: TRLI), owner and operator of faith-based & family media content platform and social community hub Truli.Net, today issued the following Special Letter to Shareholders from its Chairman & CEO, Michael Jay Solomon.
Truli Media Group's launch of Truli.Net this summer, and our successful transition to a public company, were two major milestones in our company's history. I would like to welcome all of our new shareholders, and take this opportunity to introduce myself, and discuss our position, strategy and goals for the next twelve months.
Previously, I served as President of Warner Bros. International Television -- the apex of a successful 50-year career in global television content distribution. I was honored to build Warner Bros. International TV operations into the global leader. To see our initial management team, please visit: www.truli.net/truli-management.
At the time I left Warner Bros., television had become a consolidated, mature industry. So I began research to identify a relatively untapped, new media content distribution market that would leverage the newest digital technologies. These technologies, ranging from the cloud to mobile devices, had suddenly become very powerful and quite inexpensive -- so now more than ever, "Content is king, but distribution is emperor." Unlike in the '80s or '90s, today we have a new, digital economic paradigm in which massive business success can be achieved in a short period of time.
Truli Media Group - The Beginning
The advent of the Internet in the late '90s allowed many companies to start up inexpensively, but few had the management, business plan and access to capital to grow and dominate their sector. With Truli, we see unlimited opportunity to transform a large, highly fragmented and underserved new media market sector by aggregating our sector's content to serve its owners and consumers with a robust, highly interactive experience.
Evangelical Christians are believed to be the world's largest affinity group with over 100 million in the U.S. and another 700 million internationally. Truli.Net is signing up ministries so we will have thousands of sermons delivered every week and -- most importantly -- we store and index all of them by subject matter that makes them easy to seek, find and share. In addition, we will feature a tremendous and growing amount of family and secular content ranging from thousands of family oriented movies, music videos, books, educational materials, videos, merchandise and more.
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