Shawshank, VA 3/30/12 (StreetBeat) -- Next 1 Interactive, Inc., (OTCBB: NXOI) ("Next 1") announced today that it has entered into an agreement with "Foreclosure 2 Fabulous," a new home improvement TV reality show that focuses on purchasing and renovating foreclosures, on a budget.The "Foreclosure 2 Fabulous" series is scheduled to launch in July of this year and will broadcast to approximately 140 million households throughout the United States. The reality show will explain how the average person can own and enjoy their own little piece of paradise, by taking viewers through the process of buying, renovating and refurnishing foreclosed properties, as the economy recovers. The series will initially focus on one of the hardest hit foreclosure states - Florida, advising viewers of the opportunity to source and purchase a second "winter vacation" property at deep discounts compared to prices from just a few years ago.
As part of the agreement, Next 1 Realty (a subsidiary of Next 1 Interactive) has been named the real estate agent of record and will be handling all leads for real estate & foreclosure transactions and/or referrals coming from "Foreclosure 2 Fabulous" television airings. To help promote awareness of the opportunity, Next 1 Realty will also receive 2 minutes of commercial time, per airing, allotted to promoting selective real estate listing opportunities. Additionally, viewers will be able to access a comprehensive list of home inventory through a customized section of its website dedicated to providing an inventory of real estate video listings. All video listings will be done in conjunction with Next 1's partner, Realbiz Media, helping to promoted "Foreclosure 2 Fabulous" properties along with other homes available.
Furthermore, Next 1 Interactive has also been granted the right to handle additional distribution, exclusively to European markets, as part of its planned program to target European vacationers and inform them of the potential benefits of purchasing a second vacation home abroad.
"Foreclosure 2 Fabulous provides a synergistic approach to our planned venture of promoting foreclosures, as vacation homes, to both the U.S. and European markets. Foreclosure 2 Fabulous provides the entertainment value desired by viewers that can cause the necessary interest in real estate transactions. The possibilities continue to expand as Next 1 Realty advances in exposing video on demand to viewers in unique ways," says Bill Kerby, CEO of Next 1 Interactive.
Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling.
StreetBeat Disclaimer
Tomahawk, WI 8/25/2011 (