19 July 2004 Gallery Global Networks Announces Launch of Adult Movie Rental Business www.thedvdcompany.com Gallery Global Networks Limited (GBN) today announced the launch of its new online adult DVD rental business, TheDVDCompany.com, which is set to revolutionise the way adults access and enjoy their R and X rated DVDS. From as little as $ 8.95 per week customers will have access to practically every adult movie available in Australia, a catalogue of literally thousands of titles. They can rent as many DVDs as they want without incurring any late fees. They can have three movies out at any one time and keep them for as long or short a period as they desire. There is no limit to how many times they can exchange. The DVDs are delivered in discreet packaging with TheDVDCompany.com paying for postage to and from the consumer. TheDVDCompany.com follows the Australian launch of similar services Homescreen (part owned by Hoyts) and FetchMeMovies (part of Telstra). Whereas these businesses provide no adult DVDs they also face multiple competitors operating in both the retail and rental markets ranging from Woolworths to the likes of Blockbuster, Video Ezy and local video rental stores. In comparison, TheDVDCompany.com has a virtual monopoly in the adult space as X rated material can only be supplied via our licensed premises in Canberra. GBN is committed to customer satisfaction, acquisition and retention. Following an examination of available off-the-shelf software that had shortcomings in many of the above areas GBN opted to develop our own sophisticated proprietary software and logistical systems. We now believe we have a model akin to the Netflix business in the US which is experiencing enormous growth exemplified by its recent announcement (1 July 2004) of a staggering 82 percent increase year-over-year of its subscriber base. Already owning the most successful adult mail order company in Australia (Gallery Entertainment) GBN’s CEO, Chris Thorpe said: “TheDVDCompany.com is perfectly placed to satisfy consumers who are fed up with their local video shops making money out of late fees and who also want access to non-violent X rated adult movies in a discreet manner, something neither Foxtel nor local rental shops can offer.” “With exclusive distribution deals now in place with the majority of major adult production houses ranging from Playboy to Vivid Entertainment, GBN has set its sights clearly on dominating the adult DVD markets in both the wholesale and direct-to-consumer arenas.” One of Vivid’s contract stars, Tera Patrick, is in Sydney for Sexpo (29 July to 1 August) at which time she will officially launch TheDVDCompany.com. Media Enquiries to Chris Thorpe, Chief Executive Officer, Gallery Global Networks Limited on (02) 9360 3385 or [email protected].
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