Why the confusion? Content is king. Affliates ar
Post# of 45510
Why the confusion? Content is king. Affliates are kingly. Advertising rev's will follow. And the CEO is spinning the plates without an expensive, protracted legal battle.
It's not Steve's first rodeo. If it were, I would be concerned.
Again, are there any assets that we can't live without?
We gained much more. We have our partners which give us affiliates in the top 20 cities in the US. We have all the broadcast equipment from our other partner. We have new content and an incredible new management team. We showed a 6.8 million loss last Q due to the purchase. This will be removed now from the books and Q;s and K. We have been able to put everything in place for the new Network for less then 5% of that old purchase price. We will have a better network, better content and better team in the processes.