
Akoo International Inc. announced recently it has signed a multi-year, non-exclusive licensing agreement with Universal Music Enterprises that makes the Universal Music Group's catalog of top artists available through Akoo's m-Venue, the first place-based media and marketing network fully interactive with consumers' mobile phones and Internet-connected mobile devices.
m-Venue is an out-of-home entertainment and marketing network that allows clients of any participating venue to "activate" audio and
video
content - including music, music videos, and movie previews - using text messaging (SMS), the mobile Internet, or Wi-Fi. Customer audio and video selections are performed publicly on demand in designated multimedia zones within the venue.
In addition to on-demand digital content, m-Venue offers day-parted ambient audio/video programming; a music ID and discovery feature, whereby users can identify the artist and name of any song playing in participating locations by sending a text message; and ultimately, a digital store where patrons can purchase and download digital content over-the-air to their mobile devices.
Since m-Venue is fully interactive with consumers' mobile phones and mobile devices, restaurants, retailers, and leisure entertainment establishments can also employ more effective mobile marketing campaigns, loyalty & rewards programs, and opt-in targeted marketing initiatives, which are available as value-add components designed to attract, convert, and retain target demographics in more innovative ways.
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m-Venue has already delivered increased sales and competitive advantage to our early test partners," said Niko Drakoulis, Akoo's chief executive officer. "
Now, we're extremely pleased to offer music and music videos from Universal Music Group to make m-Venue an even more compelling place-based entertainment and marketing solution that resonates with mobile consumers."