NEW YORK and ATLANTA, June 7, 2011 Sibling Entertainment Group Holdings, Inc. (Pink Sheets: SIBE - News) ("the Company") today announced that its operating company, NEWCO4EDUCATION, LLC ( www.newco4education.com) has a new initiative which will integrate a youth oriented, social media platform with its computer based education product offerings, as a part of its curriculum development efforts. It will be offered broadly to primary and secondary education participants nationwide, in addition to the Company's captive charter school operations.
"We are evaluating student specific social media players for cross marketing effort and integration with our educational media development program," stated Gerald Sullivan, Chairman of NEWCO4EDUCATION and Sibling Entertainment, its public company parent.
When asked about the specifics of the program, he explained, "We see two opportunities within today's youth and student dedicated social media platforms. First, there are teaching situations that can be integrated with a social media platform, including integrated homework, testing and other student and parent friendly applications. Secondly, there are potential new revenue streams of significant proportion, as a result of allowing a large base of students, including those outside of our schools or educational media users, to access a social media platform suited to the needs of students. These revenues from large scale providers of youth oriented products will allow us to monetize our current and future user base, while subsidizing our internal marketing and promotional costs."
The social media platforms under consideration are parent friendly, aimed solely at primary and secondary school aged participants, and will be made available in both NEWCO dedicated versions, and other versions that can be privately labeled and implemented for other interested user groups, including Parent Teacher Organizations (PTO/PTA), service organizations for youth, non-profit implementations such as youth athletic groups, or music related organizations. The Company believes it may be able to provide a revenue sharing arrangement within its advertising revenue model that could help funding of these important youth programs.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV