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Interactive Brand Development, Inc. (OTCBB: IBDI) is a media company that owns interests in online and offline media properties. IBDI processes online credit card payments and manages consumer databases through its wholly owned subsidiary; Internet Billing Company, LLC. IBDI owns a minority interest in Penthouse Media Group (PMG), publisher of Penthouse Magazine, a brand-driven global entertainment business founded in 1965 by Robert C. Guccione. PMGhahaha8217;s flagship PENTHOUSE hahaha8482; brand is one of the most recognized consumer brands in the world and is widely identified with premium entertainment for adult audiences. IBDI also has a minority ownership in Interactive Television Networks, Inc.(OTCBB: ITVN), formerly XTV, a video over IP new media company that broadcasts video to standard television sets and operates a pay-TV on-demand network.
I guess also XTV was so successful they had to change the name.
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