News Source: Press Release
"DubLi, a subsidiary of MediaNet Group Technologies, Inc. (OTCBB: MEDG), today announced it will launch a global entertainment platform. The platform will provide customers around the globe with the opportunity to subscribe to a variety of entertainment and media accessories such as music, movies, audio books and more. DubLi Entertainment's subscription-based platform will allow users to access their entertainment library from any device in any given location or from a social networking site. This product offering is unique to the eCommerce, technology and multilevel marketing industries and will assist in positioning the organization as a leader in each. The first component of DubLi Entertainment, music, is expected to launch at the end of 2010 with additional offerings rolling out over the course of the following year. Brack Jaskey, Chief Technology Officer, stated, "We are breaking new ground within the online shopping industry with DubLi Entertainment. We are excited about this launch because it creates a new and innovative revenue stream for the Company and provides DubLi customers with a tool that centralizes all of their online shopping needs." All media content through DubLi Entertainment will be licensed and will adhere to the applicable laws and regulations.
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