NEW YORK, Aug. 07, 2018 (GLOBE NEWSWIRE) -- via NetworkNewsAudio - NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) Solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community, today announces the online availability of its interview with WhereverTV Broadcasting Corp. (OTCQB: TVTV), a client of NNW engaged in providing live-stream broadcast programming to consumers across multiple devices, geographies and languages.
The interview can be heard at http://nnw.fm/g62YG.
NNW’s Stuart Smith introduces WhereverTV’s CEO Edward D. Ciofani in an interview that reviews the company’s milestones, niche market, and next-generation television subscription services.
WhereverTV is carving a path in the over-the-top (“OTT”) television broadcast programming industry, which Ciofani says provides a cost-effective and economical way of transmitting content via any Internet-enabled device. He compares OTT to traditional broadcasting services using an analogy of driving from Florida to New York vs. boarding a plane. The end result is the same, but OTT is much quicker and more cost-efficient, and that's where industry leaders are headed.
Reports by Nielsen ratings confirm this trend, showing a steady decrease in traditional fixed-location consumption and rapid increase in the number of hours individuals spend viewing content on smart devices.
Many reports indicate that the OTT industry could exceed $20 billion over the next 5-10 years. As Ciofani explains, “terrestrial broadcasters [cable and satellite] are going to be losing subscribers” often referred to as "cord cutters,” a term for consumers shifting away from your typical terrestrial broadcasters and spending money on a lot of channels they don't watch.
Competing with the big wigs in the marketplace, Ciofani says WhereverTVs' advantage over their competitors, is their patented IPG OTT platform is designed to allow our customers to access our content across the globe based on content digital rights management agreements. WhereverTV is one of the few providers able to obtain content that, if given worldwide rights, would allow a subscriber base to watch its platform internationally.
WhereverTV has built a strong leadership team of individuals with track records of success across multiple industries, including expertise in business development, advertising, corporate governance and OTT content broadcasting. Management, through strategic ventures and partnerships, has revamped the platform to provide secure, sophisticated and comprehensive content delivery and has employed a dynamic marketing campaign.
WhereverTV also launched in Latin America in December 2017 and, in partnership with Google Chromecast, includes its name on streaming boxes across 200 stores. The efforts have reflected in a rapid increase of subscribers in the new market, roughly 25,000 since February 2018.
Moving forward, WhereverTV is focused on creating original content and deepening its expansion into the music industry. The company is working with several talented artists and A-listers, providing the opportunity to stay in front of a multi-million and growing fan base to ensure continued profitability and revenue growth.
Demonstrating its commitment to its success, WhereverTV is defending its '431 patent/Xfinity platform and recently filed patent infringement against Comcast Corporation to protect its valuable asset in the competitive and rapidly growing industry.
Read the full press release here: http://nnw.fm/os3CI
About WhereverTV Broadcasting Corporation
Founded in 2007, WhereverTV is the next generation subscription television service providing consumers with live-streaming, genre-specific, and in-language viewing choices from around the world, delivered to anywhere in the world, and through any internet enabled device. WhereverTV provides an economically beneficial and completely versatile alternative to traditional cable and satellite services, with the added benefits of personalization and portability. Also known as Internet TV, WhereverTV delivers content, shows and events to Smart TVs and digital media receivers including: iPhone, iPad, Android Smartphone and Tablet PCs. The WhereverTV patented IPG platform enables subscribers to access licensed content from content providers from around the world. The customer viewing experiences are based on customer location (geo-targeting) and content/digital-rights management contracts. Apps are presently available for free with in app purchases for Apple TV, iOS phones and iPads in the Apple Store. WhereverTV is currently available for Android Phones and tablets in the Google Play Store. WhereverTV is also available on Amazon Fire TV Stick. Samsung & LG Smart TV’s, Roku and DVR functionality to record shows and view later are presently in the works.
For more information, visit the company’s website at https://www.Wherever.TV.
About NetworkNewsAudio
NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) can assist your company by cutting through the overload of information in today's market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.
For more information, visit: www.NetworkNewsAudio.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com