(BSNS WIRE) Vision Works Media Group, Inc. Releases New Screen TV 2006 Affili
te Projections
Vision Works Media Group, Inc. Releases New Screen TV 2006 Affiliate Projections
Business Editors / TV/Cable Writers
ORLANDO, Fla.--(BUSINESS WIRE)--Jan. 18, 2006--
Vision Works Media Group, Inc. (Pink Sheets:VWKM) and
wholly owned subsidiary New Screen TV, Inc. released the company's
affiliate projections for 2006.
"There are 210 distinct TV markets in the U.S.," said Mark Astrom,
New Screen TV's President, "and we anticipate potential revenues of
between $250,000 -- $500,000 monthly in each of the top 100 markets."
Astrom added, "Even in markets #101 - #210, we should be able to
realize revenues in the $50,000 -- $100,000 monthly zone."
Rick Erikson, New Screen TV's General Manager, added, "The revenue
boost that each market generates is outstanding, and the best part is
that our costs are fixed." Erikson also stated, "With our contract for
national signal distribution at a fixed monthly cost, we benefit
exponentially with every additional market we serve."
The business plan of New Screen TV now includes revenues generated
from pay-TV (cable, satellite, or fiber-to-the-home) subscription
fees, advertising sales, and Video On Demand (pay-per-view) sales.
New Screen Television, Inc. started as an Orlando, Florida-based
broadcasting company that still transmits its television service, New
Screen TV, to viewers over-the-air via WRCF-TV Channel 29 Orlando. New
Screen TV is on the air and available 24 hours a day, 365 days a year.
This press release does not constitute an offer of any securities
for sale. This press release contains certain forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934. These
forward-looking statements involve certain risks and uncertainties
that could cause actual results to differ, including, without
limitation, the company's limited operating history and history of
losses, the inability to successfully obtain further funding, the
inability to raise capital on terms acceptable to the company, the
inability to compete effectively in the marketplace, the inability to
complete the proposed acquisition and such other risks that could
cause the actual results to differ materially from those contained in
the company's projections or forward-looking statements. All
forward-looking statements in this press release are based on
information available to the company as of the date hereof, and the
company undertakes no obligation to update forward-looking statements
to reflect events or circumstances occurring after the date of this
press release. |
