TVCN
Industry:
Media & Entertainment

DESCRIPTION

TV Channels Network is an early-stage, pre-revenue streaming entertainment company incorporated in Nevada. The company plans to offer subscribers access to over 300 live national TV channels and 100 live concert channels through a subscription and pay-per-view (PPV) platform. TV Channels Network has not yet launched its service and operates with minimal staff. Its current content library includes the Legends of Classic Soul Concert Series (performances by 1960s-80s soul artists), 52 episodes of the PBS On Tour Concert Series featuring artists like Sting and The Fugees, 26 episodes of The Judy Garland Show, a wrestling event library under the World Class Pro Wrestling brand, and roughly 10,000 audio tracks. Notably, most of this content is licensed from or through CEO Darryl Payne, creating significant related-party dependencies. TV Channels Network plans to generate revenue through monthly subscriptions and PPV transactions, with a secondary stream from licensing its content to third parties. The company intends to operate as a largely automated web-based platform to keep costs low. The entire business plan is contingent on completing a current securities offering, which would fund content acquisitions, platform development, and subscriber acquisition campaigns. The company acknowledges approximately 20 additional content deals that remain unclosed pending fundraising, and aspires to manage around 5,000 titles by end of 2024.

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