Punch TV Stuns the Industry with its Phenomenal Growth of 2,500% In a Year
LOS ANGELES, Nov. 20, 2012 /PRNewswire/ — It was only 13 months ago that Punch/IC Places OTCQB: ICPA became an official part of the world of television broadcasting. Providing 24 hour 7 days a week, entertainment, Punch TV immediately distinguished itself thru its extraordinary programming strategy although an infant network, Punch TV like the giants in the television industry, entered the market with 70% original programming. But, Punch TV also defines its position in the market in another way. Recognizing the shifted demography in the country, Punch TV targeted the new Urban American-Latinos, African Americans, Asians, Caucasians, and others who share a preference for edgy, non-mainstream programming.
But, within a matter of less than 13 months, Punch TV has achieved another unusual accomplishment. In October 20, 2011 Punch TV was assessable in 2 million households. As of December 2012 Punch TV will be available to 59 million households. This represents a 2,500% growth rate in slightly over more than 1 year.
Through more than 34 affiliates, as well as a contract for direct to homes broadcasting, Punch TV has now acquired affiliates in major markets. These include…
Affiliates to begin broadcasting December 2012: Station City/State Channel Ranking * TV Homes WYGA ATLANTA , GA 16.3 9 4,326,840** KVAT AUSTIN, TEXAS 17.1 45 705,280 W25DW CHICAGO, ILLINOIS 25.4 3 3,484,800 KHPK DALLAS, TEXAS 28.4 5 2,588,020 K05MD DENVER, COLORADO 5.2 17 1,566,460 KNBX LAS VEGAS, NEVADA 31.4 40 718,990 KTAV LOS ANGELES, CA 35.6 2 5,613,460 KHDTV HIGH DESERT LA, CA TBA 2,000,000 W16CC MIAMI, FLORIDA 16.6 16 1,621,130 KTOU OKLAHOMA CITY, OK 21.4 41 718,770 K25WM PHOENIX, ARIZONA 25.2 13 1,812,040 KBTV SACRAMENTO, CA 8.2 20 1,387,710 KSAA SAN ANTONIO, TEXAS 40.5 36 881,050 K26DK SAN JUAN, PR 25.3 N/A 1,580,184 KUSE SEATTLE, WA 46.6 12 1,818,900 KPTN SAINT LOUIS, MO 36.4 21 2,000,000** KTAM TAMPA, FLORIDA 30.2 14 1,806,560
Current on air Punch Affiliates: Station City/State Channel Ranking * TV Homes WBQP PENSACOLA, FLORIDA 12.1 60 527,930 KLNK LUFKIN, TEXAS 48.2 200,000 WBWP PALM BEACH, FLORIDA 57 38 794,310 KGMC FRESNO, CA 43.1 55 576,820 WHPR DETROIT 33 / Cable 11 1,842,650 KUTB SALT LAKE CITY, UTAH 18 33 917,370 K45IY ALEXANDRIA, LA 35 179 (Three K31HO SHREVEPORT, LA 31 82 Combined K45IM MONROE, LA 45 137 1,500,000***) KCTU WICHITA, KANSAS 43.2 66 454,590 WKNI ANDALUSIA, AL 25.1 100,000 KSCE EL PASO, TEXAS 38 90 339,130 KJJN DOTHAN, AL 56.4 169 109,080 WNYN NEW YORK, NY 39.2 1 7,384,340 KMTP TOPEKA, KANSAS 21.2 136 176,160 KMCA CHICO/REDDING, CA 10 131 194,590 KACN ANCHORAGE, AK 33.3 145 156,280 KVQT HOUSTON, TX 21.5 10 2,215,650 KAOB BEAUMONT, TX 27.4 141 168,420 Satellite Direct to Home 2 5,000,000 Total TV Homes: 59,902,174 *Based on Nielsen - "Local Television Market Universe Estimates Comparisons of 2011-12 and 2012-13 Market Ranks" ** Includes Suburbs
“This milestone is a critical step in the growth of the Punch TV side of our business,” said Steven Samblis, CEO of IC Places, Inc. “The tremendous effort it took to reach this milestone shows our commitment to increase revenues by tapping into National Advertisers.”
About IC Places:
IC Places is a transmedia entertainment complex that produces entertainment content for distribution across multiple mediums. The company trades on the OTCQB: Symbol ICPA. ( www.icplaces.com )
On August 11th 2012, IC Places purchased Punch TV Network. Punch TV Network has a roster of original programming which includes 50 new dramas, comedies, variety shows, talk shows, children’s shows, and inspirational entertainment.
Through multiple long term partnerships, clips and full episodes of the company’s shows are available to people outside the traditional set top box. This exposure serves as both a profit center and marketing component promoting the TV Network, its line up and the company’s new media specific programming across multiple platforms.
IC Places Safe Harbor Statement
This press release contains 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 are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company’s current plans and expectations, as well as future results of operations and financial condition. (A more extensive listing of risks and factors that may affect the company’s business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission.) The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE IC Places, Inc.