14 DAY TRIAL // Wizzard Media, one of the major mobile content networks, recently announced that it had surpassed 885 mobile apps for the iPhone and Android platforms. The company's mobile content application allows producers to monetize their shows by offering their audience paid access to bonus content.
[ADmARK=1]Furthermore, producers are offered the possibility to create reoccurring revenue patterns for other producers and Wizzard Media.
Monetization done through branded virtual products and subscription packages that come along with popular free shows.
“The Wizzard App development team is working seven days a week to launch as many Apps as possible in time for the expected post Christmas sales demand due to the surge in new mobile phones and other mobile devices hitting the market,” says Chris Spencer, CEO Wizzard Media.
“The Company is forecasting strong growth of monetized Apps and their subsequent reoccurring revenue streams through the holiday season and into FY 2011,” he added.
According to research company Gartner, revenue from downloadable mobile Apps is expected to rise from $6.8 billion worldwide this year to $29.5 billion by 2013.
Currently, Google’s Android Marketplace and Apple’s App Store are considered the leading application stores in the industry.
Wizzard Media stated that expanding its support for the Android platform will lead to increased consumption and new audiences to its network of shows.
“We have been aggressively launching new Apps for the Android platform focusing on converting our best selling iPhone Apps to Android over the last few weeks. The expansion to the Android platform has been well-received by publishers on our network and we believe it will continue to attract new customers to our service,” says Laurie Sims, president, Wizzard Media.
“This is a natural progression in Wizzard’s strategy to become the leading mobile content distribution and monetization service for the mobile entertainment lifestyle shift rapidly infiltrating our society."
"Our service provides serious mobile content publishers with state-of-the-art distribution services, unique monetization solutions and compelling audience engagement experiences that are extendible to future platforms,” continued Sims.