Business
Valiant Eagle Inc. (OTC:PSRU) Creates XMG, A Holding Company For 24+ New TV Channels
Valiant Eagle Inc. (OTC:PSRU) Creates XMG, A Holding Company For 24+ New TV Channels.
About this update from Valiant Eagle Inc.
[{"type":"text","content":"PREVIOUSLY RELEASED FEBRUARY 20, 2020 Valiant Eagle Inc. (OTC:PSRU) Creates XMG, A Holding Company For 24+ New TV Channels Valiant Eagle Inc. (OTC:PSRU) is pleased to announce the launch of its new wholly-owned subsidiary, Xavier Media Group (XMG).XMG has a portfolio of over two dozen streaming and broadcast channels, each in its own specific niche or micro-niche and ranging from sports, cannabis, music, children’s entertainment, fitness, horror, to many others. The new XMG channels will join Valiant Eagle’s flagship network, OKTV, which will remain independent of XMG.This launch instantly propels Valiant Eagle Inc. to the forefront of the media world by using a model that provides viewers with the exact content they desire. This model will satisfy the demands of the bulk of today’s consumers.Valiant Eagle has made this move in accordance with the global trend toward OTT delivery, adopting a model that has been proven successful with companies such as Walmart and Amazon in that they mostly distribute products provided by third parties. Thus, they are able to keep their overhead and inventory at a revolving minimum because they do not actually produce/manufacture products themselves until marketing trends provided by their own metrics prove that a certain product is already selling well. They then commit their own resources to promoting higher yields of those micro-trending items or programs or services. Similarly, XMG will similarly accept content that is airworthy and ready, and only commit its own production, marketing or sales resources on those projects with proven success.XMG’s initial Level 1 content will be provided by independent producers. With an abundance of content creators in the marketplace, the need for production financing for speculative ventures will largely be eliminated. The majority of Level 1 content will be delivered ready-to-air on any one or more of the new XMG channels. Original programming (Level 2 and above content) will be limited to those selected projects that have already proven to be “hits” at Level 1.Revenue will vary per channel. Some will be subscription-based while other channels’ revenue will be derived from advertisement sales In current industry terms, pVOD, aVOD, sVOD and Direct Sales business models will all be available to the individual content produce...