TV Channels Network Inc.

Overview

• Incorporated in Nevada on August 12, 2022.
• Primary business: an Internet-based broadcasting platform providing streaming entertainment content with the goal of becoming a major entertainment content provider.
• Near-term objective: begin national TV advertising and social media campaigns to attract monthly subscribers; go live with over 300 channels shortly after the offering closes; target positive revenues within 45 to 60 days after launching premium channels.
• Headquarters: 7582 Las Vegas Blvd. South, Las Vegas, Nevada 89123.

Business model and offerings

• Core service: cloud-based HD streaming platform for 24/7 operation, with automated processes to support a high-volume, low-overhead model.
• Channel and content strategy: plan to offer more than 300 national live channels plus about 100 live video concert channels (live concerts and sporting events), and a mix of streaming content authenticated for web, mobile, and TV platforms.
• Content ownership and rights focus: intends to acquire and own rights across multiple content types, including:
  • streaming libraries (movies, TV shows, live events)
  • original and exclusive content
  • live linear TV licensing and pay-per-view events
  • music rights and artist-related content
  • TV show rights and sports/entertainment partnerships

Key content rights, licenses, and partnerships

• Legends of Classic Soul Concert Series
  • Six-year exclusive license granted January 27, 2023 for all concerts in the Legends of Classic Soul series (Darryl Payne Films, owned/controlled by the CEO).
• PBS On Tour Concert Series
  • Perpetual license acquired May 10, 2023 for the PBS On Tour concert series; purchase price reported as $50,000, plus 25,000 TV Channels Network common shares upon trading commencement.
• The Judy Garland Show
  • Six-year exclusive license acquired January 13, 2023 for all 26 episodes.
• NetCom.TV Network Communications Dealer Agreement
  • Agreement entered November 5, 2022; licenses TV Channels Network to establish, manage, and maintain services for customers to stream and market programming packages; initial term five years with five-year renewals.
• World Class Pro Wrestling / Lone Star Wrestling WAW
  • Financial partnerships and rights to live events with first events expected in 2026; agreement with Jerry Bostic (January 18, 2023) grants rights to his library of live wrestling events; Bostic to receive 25,000 shares within seven days of Nasdaq trading.
• PBS On Tour radio shows
  • Rights to an estimated 50 to 100 radio shows produced in conjunction with the PBS On Tour series.
• Music catalog
  • Reported catalog of 10,000 audio songs across genres including pop, dance, jazz, blues, country, R&B, classic soul, and rock; music rights to be licensed by the CEO (Darryl Payne) under terms to be agreed after the offering.
• Additional deals
  • Approximately 20 additional acquisition deals targeted to close upon full funding; the company plans to pursue third-party licenses with upfront payments on signing.

Technology and platform

• Streaming platform: completed HD streaming system designed to monetize cleared content; supports multiple camera configurations (some shows shot with up to 22 cameras; some recordings in 3D).
• Platform supports 24/7 streaming and pay-per-view/subscription models.
• Content management and distribution: focus on rights management, cross-platform distribution, and transparency for creators and IP investors.

Growth and marketing

• Marketing strategy includes internet, magazines, direct marketing campaigns, social media, partnerships, and cross-branding.
• Plans to use branding, direct sales teams, media exposure, and national/international campaigns to drive subscriber growth.

Operations and personnel

• Corporate and operating office: 7582 Las Vegas Blvd. South, Las Vegas, Nevada 89123.
• Phone: (702) 721-9915.
• Employee reporting in the filing includes: one section stating two full-time employees, zero part-time employees, and about twenty contract professionals; another section states one employee responsible for accounting and general administrative matters.
• The company uses management consultants in addition to employees and contractors.

Public listing and governance

• Nasdaq listing: applied to list on the Nasdaq Capital Market under the ticker TVCN; listing is subject to regulatory approvals.
• Governance: identified as a “controlled company” due to ownership by Darryl Payne, which may allow exemptions from certain Nasdaq governance rules; the company states it does not necessarily intend to rely on these exemptions but could in the future.