Image Protect Highlights Latest US Digital Ad Industry Spending Exceeds $107 Billion in Revenue in 2018
SAN CLEMENTE, Calif., May 17, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Image Protect Inc. (OTC: IMTL ) ( imageprotect.com ) (“Image Protect” or the “Company”), a global leader in the end-to-end copyright infringement sector, announces that according to a CNBC.com report, digital ad growth has bolstered over $100 Billion from advertisers seeking massive audiences and targeting tech giants like Google and Facebook.
“The momentum behind this paradigm shift represents a tremendous opportunity for our Company, Rightsholders, and shareholders,” stated Matthew Goldman, Image Protect Co-CEO. “It’s not often when timing and opportunity meet simultaneously. In consideration of our launch in the industry, we firmly believe that the window of opportunity is now.” He concluded: “Standing on the threshold of a revolutionized industry, we view our growth potential to be considerably higher than we’ve ever experienced with the Copyright model.”
The new report states internet advertising revenues in the U.S. totaled $107.5 billion for full-year 2018 — the first time that figure has topped $100 billion. The report, commissioned by the Interactive Advertising Bureau (IAB) and conducted by PwC, said revenue in 2018 was 21.8% higher than full-year 2017 revenue of $88.3 billion. That double-digit growth in internet advertising comes as TV advertising increased 1.4% and radio grew 1% from 2017 to 2018, according to the report. Meanwhile, newspaper advertising decreased 6.9% and magazine advertising fell 2.1% in 2018 year over year.
The Company recently released a presentation on how the Company’s new photo sharing model is set to help content owners and artists capitalize, gauge and protect their creative works. The presentation shows how building a global decentralized copyright registry can provide support to the community while utilizing the vast Image network to deploy an In-image Ad program.
Upon the August 1st launch of the “Market Place”, approximately 500,000 high quality images are set to become available for use in enterprise, social media, and blogs. Please visit https://www.thedogdaily.com/happy/play/new_games/index.php and click on the share tab in the upper right hand corner of the image to discover the power that this new technology delivers this new era of In-image Advertising.
About Image Protect: Image Protect protects and monetizes creative works. By uniting technology with a team of copyright experts, we ensure that content providers preserve the value of their digital assets. Our web application monitors the global Internet to seek and collect evidence for illegally used visual content. Then our legal partners across North America, Europe, and Asia ensure our clients receive appropriate compensation for work used without valid license.
Safe Harbor Provision: Cautionary statement for purposes of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995: Information in this news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of the Company and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the execution and performance of contracts by the Company and its customers, suppliers and partners. The Company disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.
Corporate Contacts: Image Protect Inc. Larry.Adams@imageprotect.com