Wall Street Futures, a leading source of news and information for the small cap investor, announced today that it is monitoring NT Media Corp (OTC BB: NTMM) as this week's "stock to watch" in the entertainment space.
Based in Los Angeles, NTMM is a diversified entertainment and media company with a range of projects that include feature films, cable and television shows, infomercials and digital media.
NTMM announced this week that it is test marketing its first direct response product, an adult-themed DVD series entitled Strippers Untamed in conjunction with SU Productions, a Los Angeles-based video and DVD production company. The first three episodes in the series are being marketed through television infomercials and via the Internet, and more productions are in development.
In an interview with the Wall Street Small Cap Reporter that ran on the www.marketwire.com, AVN President Paul Fishbein said, "The adult industry doesn't follow the same ups and downs that other businesses do." In fact, the adult video marketplace is a $5 billion a year space. It is a very profitable industry that also is extremely recession-proof, and it has proven to be a space where relative newcomers can realize substantial gains.
NTMM reports that it is finalizing the acquisition of RG Productions, led by Russell Gray. The purchase is expected to create new opportunities for NTMM while allowing RG Productions to leverage NTMM's network of companies and marketing expertise. Gray, who is currently developing two scripts for HBO, first established himself as a casting director more than 10 years ago following his most recognized casting work: HBO's "Sex & the City."
Wall Street Futures' entertainment "stocks to watch" this week also include Time Warner, Inc. (NYSE: TWX), Sirius Satellite Radio (NASDAQ: SIRI), and TiVo, Inc (NASDAQ: TIVO).
Wall Street Futures is a news service of Wall Street Small Cap Reporter (WSSCR). WSSCR publishes reports providing information on selected companies that it believes have investment potential.
