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Originally Posted by Relish XXX
I was talking with Chris the other day and he doesnt seem to think he is out of business.
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I may be wrong, but this is the email I got a couple of weeks ago.
""Dear Todd
When BabeCell launched in August of 2004 it was with a vision that consumers
of Internet adult content would want to extend their enjoyment to mobile
devices and would pay to have their favorite content sent from
Web-to-Mobile.
One of the key assumptions we made back then was that consumers would
continue well into 2005/2006 paying for content on a
transaction-by-transaction basis. We felt that erosion of long established
mobile content price points and the shift to subscription based 'all you can
eat' models would not occur rapidly in 2005. We were wrong.
New models, driven by new competitor entrants and adult mobile content
specialists, along with consumer desire for 'all you can eat' structures
have placed significant pressure on adult premium mobile content
transactions.
The growth in these alternative purchasing models has hit BabeCell, and our
customers forecasted revenues, significantly. With this, Celestial
Transactions regretfully will close its BabeCell service on the 31st July
2005.
We wholly appreciate the belief and support extended by each and every
customer that signed with the BabeCell program. We are deeply saddened that
the vision we set out for you was not given the opportunity to evolve but
market forces in the mobile content industry are, as we have discovered,
unsympathetic.
Celestial Transactions aims to review its model, bring its service back into
R&D and release a new service in 2005 that will help our adult sponsors
compete and beat adult mobile content specialists at their own game. We have
collected over a years worth of customer and consumer feedback and this,
coupled with deep experience of adult billing and delivery, places us in an
ideal position to review our service proposition and come back stronger than
ever. We do not intend to stop trying. We hope that you will allow us to
share our new vision when the time comes.
It has been a privilege working with you.
IMPORTANT: All outstanding out payments up to midnight on the 31st July will
be processed and paid by your preferred payment mechanism as usual.
Kindest regards, Chris""