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.
VU Television We launch the network on the 29th. These are some of the 200 hour of shows we received today. We will receive another 200 hours every month for the next 10 months. This could be enough programing for the next three years if we add nothing else.
