History
themutual.net started as an internet service provider who rewarded customers who used their dial-up 0845 number service to access the internet with shares in the company. As most UK internet provider moved towards a monthly paid-for access via free 0800 numbers, companies based on this business model suffered. themutual.net changed its focus to become a members-owned consumer club, business and reward website. The company offered consumers rewards for shopping, by handing back commission earned as free shares. Members received 1,000 free shares on joining, and more when they purchased through online partners, including Tesco and Dixons. Information collected from members formed the basis of a database for the direct email marketing company.
themutual.net was originally listed on the London Stock Exchange (AIM) in 2000 before later being re-listed as TMN Group plc.
In 2009, TMN was acquired via a reverse takeover by Progressive Digital Media Ltd, and changed its name to Progressive Digital Media Group Ltd.
Read more about this topic: Progressive Digital Media
Famous quotes containing the word history:
““And now this is the way in which the history of your former life has reached my ears!” As he said this he held out in his hand the fatal letter.”
—Anthony Trollope (1815–1882)
“Regarding History as the slaughter-bench at which the happiness of peoples, the wisdom of States, and the virtue of individuals have been victimized—the question involuntarily arises—to what principle, to what final aim these enormous sacrifices have been offered.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“Whenever we read the obscene stories, the voluptuous debaucheries, the cruel and torturous executions, the unrelenting vindictiveness, with which more than half the Bible is filled, it would be more consistent that we called it the word of a demon than the Word of God. It is a history of wickedness that has served to corrupt and brutalize mankind.”
—Thomas Paine (1737–1809)