Symposium Production Corp. (SYPJ.PK) is a digital entertainment company providing digital music and video download services in the mobile communications and entertainment markets. The sales of digital music are expected to grow 23% annually and reach $4.8 billion by 2012.
In early 2008, Symposium Production acquired iPartyTV and Feed Networks LLC. iPartyTV is an online destination that provides cutting-edge electronic music directly to a consumer’s headphones at the consumer’s request. iPartyTV is looking forward to providing software that will enable consumers to preview and purchase dance music events. Feed Networks LLC is a digital aggregation company that uses key partnerships in the industry to package and distribute music and ringtones.
Symposium Production is in a good position to become a leader in the digital music and video download industry. With its acquisitions of iPartyTV and Feed Networks LLC in 2008, the company is pursuing additional acquisitions to broaden services and enhance market reach.
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