Business
WhereverTV Completes Acquisition of Music Channels Launches Strategy to Provide OTT, Live Music Experience With “WhereverTV’s Live Onstage”
WhereverTV Completes Acquisition of Music Channels Launches Strategy to Provide OTT, Live Music Experience With “WhereverTV’s Live Onstage”.
About this update from Wherevertv Broadcasting Corp.
[{"type":"text","content":"\n\n FORT MYERS, Fla., March 14, 2017 (GLOBE NEWSWIRE) -- WhereverTV Broadcasting Corp. (OTC:TVTV), which delivers Over the Top (OTT) subscription television services to a variety of devices including smartphones, TabletPCs, streaming media players, computers and connected TVs, announced today that it has completed the acquisition of 4 genre-specific music channels: Digital RodeoTV (Country Music), Digital CrossTV (Faith Based), Digital PopTV and Digital RockTV. This new music platform promises to bring a unique opportunity to partner with artists under its WhereverTV family of television packaged subscriptions and channels. The new music platforms will be launched under the name “WhereverTV’s Live Onstage.” The mission of the brand is to provide a live television & digital listening and viewing platform that features popular legacy music artists, as well as up and coming artists. “Artists from all genres, when they start to lose the support of the major labels and radio, are looking for a way to facilitate a more direct connection with their fan bases,” said Edward D. Ciofani, CEO of WhereverTV. Mr. Ciofani went on to state that “Right now, the sources for artists to be seen and heard are limited to radio, satellite or internet audio distribution sources or internet and video TV sites. Artists’ need to be seen and heard and the cost associated with producing on a major network is so cost prohibited and usually reserved for the major label supported artist, that the legacy and new and up and coming artists have little options to work with. With WhereverTV’s OTT platform, we are now able to produce and distribute HD live concert events and reality programming related to the artist signed. With over 1 billion tablet users and 2 billion smartphone subscribers in the world, our business model gives these artists an opportunity to monetize their fan bases and to participate in additional revenue streams through the use of technology and devices,” said Edward D. Ciofani, the CEO. “We intend to reveal several of our brand ambassadors’ and artist partnerships in the coming weeks.”\n Scott Welch is a board member of WhereverTV with over 30 years' experience in the music and entertainment industry managing the careers and development of several multi-platinum...