Bluebird Affiliates Get Fucked in the Ass

Today XBIZ announced that Bluebird Films lost its lawsuit with Private and as such has to pay them like $230,000.  [source]  Not a penny of which, I assure you they have.  Rumors are that they have been bleeding the company dry for awhile now and it’s really nothing more than a shell now.

The problem is, it’s the affiliates that have been sending traffic to its collection of websites that really get fucked here.  Read this line ….

“In a draft letter obtained by XBIZ, Private plans on communicating to Bluebird distributors and payment processors that distribution of Bluebird content can continue but that all payments to Bluebird or its affiliates must cease immediately.”

While not all affiliates where “whales” and are owned only a few hundred dollars here and there, some however are owned as much as $5,000 to $10,000 and that is money they will most likely never see.

As far as the deal they recently signed with Gammae to take over control of their websites, who knows what is going on with that.  The new sites and Bluebird affiliate program run by Gammae from what I heard were due out in September.  That date has long since passed … which was right around the time the judge ruled against Bluebird Films.    So who knows what is going on with that deal.

All we can say for sure is that in the end, the little guy gets fucked in the ass and that Bluebird Films has known about this judgement for over a month, and didn’t bother to notify its affiliates, instead letting them send even more traffic making Bluebird even more money on the traffic of affiliates that they’ll never pay for.

So while his affiliates go unpaid, Paul Chaplin continues to live in up in the UK on the money being made by those affiliates.  Paying for his whores and buying them $2300 shoes!!!!!!!!!!

And don’t forget, these are just the affiliates we are talking about here.  There are still quite a few people in the industry who Bluebird Films owes a lot of money too.

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LOS ANGELES — A Los Angeles Superior Court judge has ruled that Bluebird America Inc. must pay Private Media Group $230,000 and hand over past, present and future worldwide distribution rights of Bluebird content.

The breach-of-contract case decided last month has its roots in a five-year exclusive distribution deal inked in September 2009, where Private was appointed by Bluebird as the global exclusive distributor of its existing library and all future releases on nearly all platforms, including DVD, IPTV, web and mobile.

The distribution deal at the time was regarded as a blockbuster move between the companies — Private, one of the top distributors in the biz, and Bluebird, with its high-quality elegant content.

Bluebird, at the time of the Private deal, said it had in excess of 175 unreleased titles and that it had a production schedule that would average 10 new adult films per month.

But a year into the contract, Private made claims that Bluebird owner Paul Baxendale was double dipping.

The Barcelona-based company alleged in a complaint that Baxendale had attempted to exploit Bluebird content further by selling distribution rights to third-party companies. Private further contended that Baxendale attempted to set up shell licensee companies to peddle the Bluebird films.

Last month, Los Angeles Superior Court Judge Mark Mooney entered a judgment against Bluebird, reinstating Private’s exclusive distribution agreement retroactively.

As a result of the judgment, Private is planning to send notices to distributors of Bluebird content, alerting them about the judgment and what to do next.

In a draft letter obtained by XBIZ, Private plans on communicating to Bluebird distributors and payment processors that distribution of Bluebird content can continue but that all payments to Bluebird or its affiliates must cease immediately.

Private said in the letter that it is not looking for retroactive compensation, saying it would be unfair and unreasonable.

But it emphasized that  all fees for licenses or goods relating to Bluebird-branded content or its back catalog should be directed to Private to satisfy the judgment.

The letter asks recipients to contact Private counsel in Barcelona within 10 business days.

Launched by Baxendale in 2006, Bluebird entered the adult arena to become the U.K.’s largest adult company with two sprawling studios in North America and Europe, including five soundstages where the company made use of state-of-the-art HD equipment.

Baxendale, who also goes by the name Paul Chaplin, even launched Bluebirds Magazine, distributed in the U.K.

In May, however, Baxendale changed his course away from the business of adult production, saying that he would focus on his newly acquired lad publication, Loaded. He said he was retiring to “do other things, including, of course, steering Loaded magazine into a new generation of life.”

Baxendale did not immediately reply to XBIZ queries on the judgment over Bluebird content. Private officials declined comment on the case.

 

Guess The Gamelink and Private Rumors Were True

We’ve been hearing about a lot of problems lately over at Private Media Group and Gamelink, which they owned but it seems things are worse off than they let on as they were issued a noticed of delisting the other day.

Rumors are that they are bleeding crazy amounts of cash, as much as 1 million a quarter and are millions in debt and let’s not forget the lawsuits going on about their board of directors.   Recently a Nevada judge has invalidated the latest shareholders’ vote for the board of directors of an international adult media company.  Private Media Group Inc. is now required to hold a new shareholders’ vote in which a debt holder will try to install new directors.  While Private Media Group is based in Barcelona, Spain, its stock is traded on the Nasdaq Stock Market and it’s incorporated in Nevada – meaning it’s subject to Nevada and U.S. corporate laws.

Is this the nail in the coffin for the troubled company?

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

17-Jun-2011

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Sta
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

Compliance with NASDAQ Marketplace Rule 5250(c)(1)

As previously reported, on April 18, 2011 and May 19, 2011, Private Media Group, Inc. (the “Company”) was notified by The NASDAQ Stock Market stating that because the Company failed to file its Form 10-K for the year ended December 31, 2010, and Form 10-Q for the period ended March 31, 2011, on or before their respective due dates, it was not in compliance with NASDAQ Marketplace Rule 5250(c)(1), which requires that a listed company timely file periodic financial reports with the U.S. Securities and Exchange Commission as a condition to continued listing of its securities.

On June 13, 2011, the Company received a letter from the Staff advising it that based upon the filing of the delinquent Form 10-K and Form 10-Q on June 3, 2011 and June 9, 2011, respectively, the Staff determined that the Company is now in compliance with Rule 5250(c)(1), and therefore the matter is closed.

Non-Compliance with NASDAQ Rule 5605(b)(1)

As previously reported, on May 24, 2011, the Company was advised by the Staff of the NASDAQ Stock Market that if the Form 10-K and Form 10-Q were not filed by June 3, 2011, the Staff would need to send a Staff Determination Letter with regard to the Company’s failure to comply with NASDAQ Listing Rule 5605(b)(1), which rule requires its Board of Directors to have a majority of independent directors. As previously reported, the Company ceased to comply with this rule on May 12, 2011, upon the resignation of Bernt Akander, an independent director.

On June 13, 2011, the Company received a letter from the Staff of the NASDAQ Stock Market stating that due to the resignation of Bernt Akander it was no longer in compliance with Rule 5605(b)(1). The Staff further advised the Company that due to the recent non-compliance with Rule 5250(c)(1), discussed above, and the recent non-compliance with Rule 5605(b)(1), previously reported in January 2011, which was cured in February 2011 by the appointment of Bernt Akander as a director, the Company would have until July 5, 2011, to cure the deficiency caused by the resignation of Bernt Akander, rather than the longer cure period which would normally apply under Rule 5605(b)(1)(A).

The Company expects to identify and appoint a new independent director to fill the vacancy created by the resignation of Bernt Akander on or before July 5, 2011. If for any reason the Company is unable to comply with Rule 5605(b)(1) by July 5, 2011, the Staff will provide written notification (“Staff Determination”) to the Company that its Common Stock will be delisted. Any such Staff Determination would have no immediate effect on the listing of the Company’s Common Stock. In the event of a Staff Determination, the Company will request a hearing before a NASDAQ Listing Qualifications Panel to review the Staff Determination, and will endeavor to be in compliance with all applicable NASDAQ rules prior to the hearing date.

Private Media Group’s CEO Talks Out His Ass

Just read a great post that I thought I would share with you guys.  It’s about the new CEO of Private / aka Gamelink talking out his ass.

Seems like the retard owner of Private can’t figure out what he really wants.

Piracy is good! Birth Milton – August 18th, 2010
http://torrentfreak.com/piracy-is-promotion-says-ceo-of-porn-multinational-100818/
Openly supports people pirating Private content as incredibly valuable.

Piracy is bad! Birth Milton – August 19th, 2010
http://www.xbiz.com/news/124279

Suing people for piracy.

Go figure, another dumb dinosaur dies at the feet of the new Internet.

Idiot.

Now keep in mind this is all from a man who is reported to have
(http://www.adultfyi.com/read.php?ID=43581)

  • Took out more than $10M in unpaid loans from the company
  • Gave himself a $600K salary without board approval
  • Fired CEO Bunimovitz for investigating allegations of “self-dealing”

Almost to the day that Private took over the Gamelink online adult movie store, affiliates started reporting problems. Now you can see why – some of the bullshit they are doing is so fucking wrong and people just flat out don’t seem to care and even worse, some dumb asses are still sending their traffic to them.

STOP BEING DUMB ASSES AND STOP SENDING YOUR TRAFFIC TO PEOPLE WHO YOU KNOW ARE HAVING ISSUES WITH ETHICS

How fucking stupid do you really have to be to see the writing on the wall?

Gamelink in trouble? Looks like it ….

I’m sure most of you have heard of the DVD store called Gamelink and most of you know that last year they were purchased by Private Media Group and well since that time there have been some rumblings here and there about affiliate skimming, fraud and financial troubles, with some stories reporting as much as a 60% drop in sales and even some about lawsuits including one from a pretty well known company, Anarchy who flat out wants their product removed from the Gamelink site all together. Some of the more popular Anarchy titles include Nut Busters 11, and Cum to Mommy 2.

Are there any truth to these rumors of trouble in paradise?  Well some affiliates on various message boards are confirming that their earnings with Gamelink have dropped significantly and they have begun to look for alternative solutions to send their traffic to, and if that isn’t enough, now CNBC is reporting that Private Media Group’s (aka the company who owns Gamelink) stock is doing so bad they are at risk for being delisted from Nasdaq. The full story is for you below but can also be found on CNBC’s website.

Private Media Group Receives Nasdaq Letter Regarding Non-Compliance With Minimum Bid Price Rule. BARCELONA, Spain, Sept 21, 2009 /PRNewswire-FirstCall via COMTEX/ — Private Media Group, Inc.(Nasdaq: PRVT), a worldwide leader in premium-quality adult entertainment products, today announced that on September 15, 2009, the Company received a letter from The Nasdaq Stock Market stating that for the previous 30 consecutive business days, the bid price of the Company’s common stock closed below the minimum $1.00 per share requirement for continued inclusion on The Nasdaq Global Market pursuant to Nasdaq Marketplace Rule 5450(a)(1) (the “Minimum Bid Price Rule”) and, therefore, that a deficiency exists with regard to the Minimum Bid Price Rule. The Nasdaq letter has no immediate effect on the listing of the Company’s common stock.

In accordance with Marketplace Rule 5810(c)(3)(A), the Company is provided with a grace period of 180 calendar days or until March 15, 2010, to regain compliance with the Minimum Bid Price Rule. If at any time before March 15, 2010, the bid price of the Company’s stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, Nasdaq will notify the Company that it has achieved compliance with the Minimum Bid Price Rule. If the Company does not regain compliance with the Minimum Bid Price Rule by March 15, 2010, Nasdaq will notify the Company that its common stock is subject to delisting from The Nasdaq Global Market.

In the event the Company receives notice that its common stock is subject to delisting from The Nasdaq Global Market, Nasdaq rules permit the Company to appeal any delisting determination by the Nasdaq staff to a Nasdaq Hearings Panel. Alternatively, Nasdaq may permit the Company to transfer its common stock to The Nasdaq Capital Market if it satisfies the requirements for initial inclusion set forth in Marketplace Rule 5505, except for the bid price requirement. If its application for transfer is approved, the Company would have an additional 180 calendar days to comply with the Minimum Bid Price Rule in order to remain on The Nasdaq Capital Market.

The Company will continue to monitor the bid price for its common stock and consider various options available to it if its common stock does not trade at a level that is likely to regain compliance.

With its 44-year track record, Nasdaq-listed Private Media Group is a brand-driven world leader in adult entertainment, distributing premium quality adult content globally via multiple platforms, including broadcasting (cable, satellite, IPTV and DTT), mobile, Internet, as well as DVDs and print publications. Private Media Group owns the worldwide rights to its extensive archive of high-quality content, and also licenses its Private and “Silver Girls” trademarks internationally. Private’s acquisition of San Francisco-based GameLink LLC and its related companies in January 2009 further increased the Group’s digital technology development capabilities and online retail reach. Established in 1993, GameLink is a leading adult Internet retail site, focusing on the digital distribution of adult media and merchandise delivered through its retail website. It is the third largest VOD platform in the US, and currently offers over 70,000 movies in all major formats. The company has established an industry-leading reputation for innovative online retail and eCommerce solutions. Visit prvt.com (http://www.prvt.com) and gamelink .com (http://www.gamelink .com) for more information.

Disclaimer This release contains, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company’s current judgments of those issues. However, because those statements are forward-looking and apply to future events, they are subject to such risks and uncertainties, which could lead to results materially different than anticipated by the Company.