Vision Works Media Group in Attendance at the Telco/TV 2005 Conference & Expo in San Diego
Posted on: Wednesday, 9 November 2005, 09:00 CST
Vision Works Media Group, Inc. (Pink Sheets:VWKM) today announced their attendance at this years Telco/TV 2005 Conference & Expo at The San Diego Convention Center.
New Screen Television (a wholly owned subsidiary of Vision Works Media Group) is being represented by Mr. Rick Erikson, General Manager; Mr. Erikson will be attending several strategic meetings regarding increased content distribution, programming licensing, affiliate agreements, alternative content distribution and several other key areas with the sole intent of increasing New Screen TV's viewer ship/subscriber base nationwide.
Telco/TV Conference & Expo organizers announced that executives from SBC, Bell South, Qwest and Bell Canada will be speaking at this years conference respectfully, Paul Whitehead, SBC, Executive Director of Video Network Planning; Martin Cullum, Bell Canada, General Manager Video Networks; Aamir Hussain, Qwest, Director of Broadband Technologies, and Lee Friedman, BellSouth, Director Rich Media Services.. Topics include negotiating licensing agreements for IP; GPON technology: MPEG-4 transitioning; the impact of DVR on advertising revenue models; content security; set-top box advances; home networking; and the latest; the latest video applications - HDTV, VOD, DVR and gaming.
"This is a must attend event for any Broadcast/Programming company to attend, I intend to come away from this conference and round of meetings with old associates and new alike with a vast source of leads to enhance/increase distribution of New Screens programming nationwide," said Rick Erickson General Manager, New Screen TV.
The company would also like to invite/encourage all shareholders and interested parties to request a DVD sample of the company's programming currently being broadcast on WRCF-TV Channel 29 a Vision Works Media Group operated station in Orlando Florida, anyone interested may request a DVD by email at info@newscreen.tv also visit the corporate website at www.vswm.com for continuous updates.
About Vision Works Media Group
Vision Works Media Group, Inc., together with and through its wholly-owned subsidiary New Screen Television, Inc., is developing a new independent film channel for distribution on pay-TV (cable, satellite, and fiber-to-the-home) systems: New Screen TV.
New Screen TV is available as a broadcast channel on WRCF-TV Channel 29 Orlando. WRCF-TV Channel 29 in Orlando, Florida and recently signed a contract for the Houston market to distribute New Screen Programming with additional markets to be added in 2006. New Screen Television distributes its commercial feed via fiber and satellite to pay-TV distributors, who in turn distribute the channel to their subscriber's homes.
The programming on New Screen TV consists of two types of content: independent films that are acquired by New Screen TV for broadcast on the channel, and original productions produced by Colorfield Studios, an in-house original productions unit.
Revenues are generated from three distinct revenue streams: subscriber fees, TV advertising, and web site advertising. Subscriber fees are paid on a monthly basis to New Screen TV by pay-TV (cable, satellite, and fiber-to-the-home) affiliates. TV advertising is defined as the advertising inventory that is available on the TV channel. Web site advertising is defined as the advertising inventory that is available on New Screen TV's web site.
The goal of the company is to create a top-quality TV service that is successful in reaching subscribers in the U.S. and internationally. New Screen TV is adding distribution every month, and the business goals that were established for Q1 2005 were successfully met in Q3 2005 with the overall objective to reach 50 Million households.
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.
Source: Business Wire
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