LOS ANGELES , Sept. 28, 2013 /PRNewswire/ -- IC Punch Media, Inc. (OTCQB: PNCH) announced today it has acquired the rights to 2000+ hours of video content for its upcoming VU Television Network. The contract was signed with SpaceWoW Inc. this month. SpaceWoW Inc. is a US and Foreign sales company that represents Film and TV producers and studios around the world in licensing their movies and shows to an international cliental.
The content is a combination of TV Series, Specials and Interstitials. Each month VU Television will receive 200 new hours of the 2000 hour library, with final delivery of 250 hours on the tenth month. VU Television will have the right to broadcast the library content unlimited times for three years from the time of delivery on any platform including TV, Airport Networks and online.
The October delivery will include
reference source
http://ih.advfn.com/p.php?pid=nmona&article=59401799
Posted On: 01/06/2014 5:18:44 PM
Post# of 45510
Re: finishsuper #42613
we received the pr for this on sebtember 28 ,2013 the first delivery was due in October ,2013 so from what I get out of this is the contract did not take effect until October so we should see this in the 10k for period ending dec 31 ,2013 if I am reading this correct. I could be wrong on this.
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