This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Wizzard Releases Podcast & App Network Data For China

Stocks in this article: WZE

Wizzard Media (NYSE MKT: WZE), the leading digital media podcast network, today released an overview of Podcast and App data for China, one of its top five markets. This overview, ahead of the closing of the anticipated acquisition of FAB by Wizzard, focuses on the company’s Podcast and mobile App network and business synergies for digital media distribution in China.

FAB & Wizzard – A Powerhouse in Digital Media Distribution in China

FAB had total overall revenues for the full fiscal year 2011 of $70.9 million and earnings of $15.3 million. For the nine months ending June 30 for fiscal 2012, FAB generated $62.7 million in revenue and $15.6 million in earnings.

“FAB is a high-growth company, uniquely positioned in the world’s largest consumer market,” said Chris Spencer, CEO of Wizzard Media. “We believe the combination of FAB and Wizzard represents a true win-win scenario that significantly expands the global reach and growth opportunities for both companies. As a result of this pending transaction, Wizzard would instantly avail itself of FAB’s powerful digital media distribution channels in China, one of the world’s fastest-growing media markets, while simultaneously FAB would be in a position to benefit from Wizzard’s advanced media technologies and its U.S.-based media partners who desire access to China and its massive consumer market. We believe that combined, we have the opportunity to dominate mobile digital entertainment delivery throughout China.”

Wizzard Media Podcast & App Network Stats for China

Having seen well over 1.65 billion download requests in 2011, China ranks in the top 5 countries (out of 240) for download requests for digital media on the Wizzard Network. Additionally, China is also in the Top 5 App markets for Wizzard Media iOS Apps (iOS Apps consist of Apps for the iPhone, iPad, iPod Touch, etc). The focus on the Chinese market by companies like Apple should naturally continue to drive growth in podcasts and apps. With 23 million unique audience members monthly on the Wizzard Network, China consistently ranks in the top 10 overall for audience size.

1 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs