Truli Media Group, Inc. Begins Generating Revenue
LOS ANGELES, CA – Truli Media Group, Inc. (OTCQB: TRLI), owner and operator of faith-based & family media content platform and social community hub Truli.Net, today announced that it is moving from pre-revenue to revenue-stage generation.
“This is a very exciting time for Truli and our investors,” said Michael Jay Solomon, Chairman of Truli Media Group. “Now that we have built up our monthly unique visitors, added more quality and family content, and established a new online platform, we are focused on scaling up our revenue stream. For our shareholders, our growing user base will help generate revenue and increase the enterprise value of Truli. Recently launching the upgraded Truli.Net enables us to accommodate more ad space which generates additional revenue and allows us to further drive our growing user and fan base to the Truli shopping network. At our online store, we have 300,000 plus items already available through Christian Books, which does all our fulfillment. We are thrilled to reach this major milestone, and we look forward to further implementing our highly scalable business model, which includes additional profit centers, with our money and resources on hand.”
About Truli
Truli.com offers a unique distribution platform focused on Christian and family-friendly content that is free for users to view, interact and engage with on any mobile apparatus such as tablets, phones, smart TV, etc. Truli.com is free for ministries as many additional sermons are delivered weekly, as well as music videos, film/television content, sports, comedy and educational material. Truli offers a single platform that is flexible and easy to access to connect users, enabling the delivery of relevant and family content to the Evangelical community market of 100+ million people in the U.S. (and 700+ million outside the U.S.) representing $4.3 billion of annual gross industry sales in the U.S. alone.