DALLAS BASED SPLASH MEDIA DOUBLES REVENUES IN 2008
With top line growth exceeding 108% in 2008, Splash Media’s corporate training solutions successfully fill an important niche for companies seeking to reduce training costs while creating alternative revenue streams in a rapidly changing economy.
Dallas – January 20, 2009 - Splash Media LP, an Emmy Award winning innovator of digital video publishing for the eLearning and eTraining space, today announced record revenue growth for 2008 that more than doubled its previous years revenues in 2007. Among others, clients for 2008 include Adobe Systems, McAfee, Wiley Publishing, Peachpit Press, Mary Kay Corp, and Reliant Healthcare Partners.
SplashMedia is a leader in Web-based eTraining solutions. Splash offers a unique mix of services that include blending Emmy Award winning television styled training content with dynamic and proprietary internet-based delivery technology.
“The economic issues in 2008 turned out to work in our favor,” states Chris Kraft, president and CEO of Splash Media. “Many of the companies we talked to in 2007 were impressed with our award winning quality, as well as our technology solutions but still put off buying decisions. By the 2nd quarter of 2008 they were calling us for solutions for their training and communication needs. More scalable eTraining went from being a good idea strategically to a necessity due to the current economic environment.”
Splash Media has developed the programming and proprietary tools to create and publish customized corporate and consumer training media on the internet, along with online networks to boost national and international companies’ communications and e-Learning mandates. Utilizing its $5.5-million, state-of-the-art studio and an award-winning production and technical team, Splash Media is able to quickly produce, publish, and deliver rich media content to effectively educate, communicate, and entertain companies, students, and institutions across the US and around the world.
“It is simple economics that the future of corporate training and communication is here now,” states Kraft. “I am proud of the fact that we have the best quality and most effective solution in the right place at the right time to help companies resolve their employee and customer training needs.”
About Splash Media
Splash Media LP is a Dallas-based media publishing and technology company that develops online, customized Internet television networks for corporate communications and training. Splash Media utilizes its state-of-the-art television studios to quickly produce, publish, and deliver rich media content. Splash Media offers an innovative, convenient and efficient solution for communicating with and training associates across the world, via the Internet. Splash Media’s current online networks include www.tstn.com <http://www.tstn.com/> , www.xtrain.com <http://www.xtrain.com/> , as well as Splash Stream Solutions for private-label corporate networks. For more information, please visit www.splashmedia.com <http://www.splashmedia.com/> .
For media inquiries for Splash Media, please contact:
Jeff Johnson
jjohnson@splashmedia.com
972-392-6754