From PNCH CEO!
The FilmOn deal let us cut overhead of a broadcast TV network by 90k a month. That's what it costs to deliver that broadcast signal to homes. So we have a network with no cost that reaches the target audience of 18 to 36. The shows we have are geared to them. We get half the ad revs. This is a great deal for us.
I am going to keep all cost down and let money come in now. We are not going to expand any more from where we currently are. I am not going to spend any money producing shows for the network. We have enough content for the next two years . We are not adding cities to the websites. We cover all of the important ones.
We don't control the growth of ClearVision. I cannot comment of them.