This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Wizzard Updates FAB’s Intelligent Media Kiosk Business

Wizzard Media (NYSE MKT: WZE), the leading digital media podcast network, today released the third informational business overview regarding FAB based on its Intelligent Media Kiosk business. Wizzard has released two previous overviews based on various FAB business segments including wholesale media distribution and retail media sales.

FAB Intelligent Media Kiosk Business

FAB Intelligent Media Kiosks, based on 61 proprietary national intellectual property rights, are ATM style terminals where consumers can download copyrighted music, video games, ringtones, digital books and movies directly to their cell phones, thumb drives or other mobile storage devices. FAB Media Kiosks can also run video ads on the high-tech LCD screens and accept payments for utility bills, metro cards, credit card bills, etc.

Total FAB Intelligent Media Kiosk Revenues for 2010 was $15.7 million, in 2011 it was $17.6 million and for the first half of fiscal 2012, $12.6 million. Total overall revenues for FAB’s fiscal 2011 were $70.9 million with $15.3 million in earnings.

In 2008, FAB was granted a license by China’s Ministry of Commerce to franchise its business model that has been well received by entrepreneurs throughout the country. FAB has quickly grown its nationwide business network through its franchise and regional agent programs and to date has expanded to 38 cities with over 5,000 franchisees and an installed base count approaching 10,000 Intelligent Media Kiosks.

FAB generates revenues from its Intelligent Media Kiosk business through the sale of franchises and then through ongoing media content downloads, media membership card sales and kiosk-based advertising. In 2008, FAB had 8,865 paying membership cardholders. In 2011, FAB finished the year with more than 340,000 membership cardholders.

To see a picture of a FAB Intelligent Media Kiosk Franchise location click here.

The FAB Intelligent Media Kiosks have served to greatly enhance consumer ease-of-purchase while reducing the appeal of pirated content, positively transforming market dynamics in China for legitimate content and facilitating licensing opportunities with traditional media publishers who desire safe access to the world’s largest, fastest-growing consumer market. In addition to media content terminals, FAB’s kiosks technology also addresses the specific needs of banks, supermarkets, shopping malls, office buildings, government offices, tourist resorts, university campuses and libraries and provide a foundation for the building of intelligent digital cities of the future.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs