Vision Works Media Group, Inc. Announces the Opening of New Screen TV's(TM) Completed Broadcast Center All-Digital & Fiber Upgrade in Advance of Pay-TV Revenue Operations Growth Cycle
ORLANDO, FL, Sep 29, 2005 (MARKET WIRE via COMTEX) -- Vision Works Media Group, Inc. (OTC: VWKM) and wholly owned subsidiary New Screen Television, Inc., the new independent film-dedicated TV channel, announces the completion of the facilities upgrade at their offices and broadcast center in Orlando, Florida. The upgrade has been completed to support distribution of the company's channel, New Screen TV, to pay-TV operators in advance of the start of pay-TV revenue operations in Q4 of this year (2005).
The company, which broadcasts New Screen TV, has completed the upgrade to their facilities ahead of schedule and under budget. "We are digital at every step of the process now except for the final leg, when we broadcast the signal over WRCF-TV Channel 29 Orlando," said Mark Astrom, New Screen TV's President. "In addition to being all-digital, we utilize fiber -- instead of cable -- throughout the facility to guarantee the quality of our transmission."
Rick Erikson, the company's General Manager, added, "We are superbly well-positioned now to take advantage of our state-of-the-art capabilities to distribute our channel to the pay-TV -- fiber-to-the-home, cable, and satellite -- operators across the U.S. This will result in significant and steady-state revenue generation from pay-TV operators, since we will now be paid a fee every month for every subscriber we have, and every month that subscriber base is going to be growing."
New Screen Television, Inc. is in negotiations to distribute New Screen TV to pay-TV operators nationwide. Affiliation agreements and announcements are expected early next week.
New Screen Television, Inc. is a Florida-based broadcasting company that transmits its television service, New Screen TV, to pay-TV operators nationwide and to local Central Florida viewers over-the-air via WRCF-TV Channel 29 Orlando
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