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Players Network CEO, Mark Bradley Outlook for 2011
LAS VEGAS, Jan. 9, 2011 (GLOBE NEWSWIRE) -- Players Network (OTCBB:PNTV - News): Update from Players Network's Chief Executive Officer, Mark Bradley.
First, I want to wish everyone happiness and prosperity in the New Year. 2011 promises to be a very good year for Players Network.
The company was an early mover in the rapidly changing New Media landscape, having committed itself to becoming a dominant player in this sector. We secured significant Video On Demand (VOD), broadband and mobile distribution partnerships with the biggest programming distributors in the business (Comcast, DirecTV, Verizon, AT&T, Hulu, Google and many others). We produced a variety of content, analyzed numerous monetization models, developed cost-effective distribution methodologies, and most recently began work on several proprietary content syndication and monetization technologies. As we enter 2011, the New Media sector continues its impressive growth, further validating Players Network's timely positioning in the marketplace, which includes:
•Over 5 billion devices connected to the Global Internet.
•A continuing shift by viewers to New Media platforms in record numbers.
•Over 350 Billion online video views in 2010.
•VOD usage continues double digit growth.
•Advertisers continue to shift more ad $ to sponsor New Media programming.
•Over $750 Million invested in online video start-ups in 2010, with major media companies making significant acquisitions.
•Mobile networks content viewing continues to soar as the speed of digital networks continues to get faster.
•Over 30 million game consoles in US homes wired directly to the Internet.
•IPTV finally becoming a reality as most new generation TV sets have built-in broadband connectivity.
•Online ecommerce and coupon site sales continue unprecedented growth.
•Global broadband, cable, satellite and mobile growth continues to outperform projections.
Players Network has built such a strong foundation to take full advantage of these growth patterns that in late December 2010, PNTV attracted a substantial cash investment (noted in our recent 8-K filing.) This investment not only brings Players Network the operating capital needed to expand our management team, launch our content monetization technologies, and ramp up our revenue-generating efforts, it also brings the company first-class investor and industry connections and resources that should allow the company to raise significant additional funds based on realizing realistic performance milestones. The Company intends to quickly yet prudently evaluate strategic acquisition, distribution and brand partnership opportunities in order to expand the Company into new programming verticals and technology-based businesses.
During 2011 PNTV will release a series of announcements that will detail:
•The addition of industry seasoned professionals to our management team.
•The launch of PNTV's new proprietary online video platform that will allow us to quickly and inexpensively generate an unlimited number of online digital content businesses ("Channel Destinations") for our own channels, and also for a limitless number of content partners for any program vertical.
•Our new generation of websites will include featured Ambassadors, social community dynamics, user generated uploads, and marketing tools that will quickly scale unique visitors. Other innovative features include virtual economies and incentive-based member reward tools; premium branded programming; and ecommerce merchandising that will monetize each increased-viewership community.
•Acquisitions designed to bring revenues, and synergistic teams, content and technologies to PNTV.
•The utilization of a cloud-based CDN (Content Delivery Network) that dramatically lowers our content distribution costs while increasing our international distribution options.
•Branded content sponsorships.
•Independent producer partnerships.
•PNTV branded direct-to-consumer transactional and merchandising sales programs.
It is easy to see why I am so excited about 2011. Everyone at Players Network is totally focused on executing our business models and bringing increased value to all our Players Network Shareholders. I will continue updating you on our progress as the year progresses.
Sincerely,
Mark Bradley
CEO Players Network
About Players Network
Players Network is a Television and Digital New Media Company that develops and owns new Channel Destinations. "Players Network", "Vegas on Demand" and "Sexy Sin City TV" are PNTV's current channels focusing on the Las Vegas and Gaming Lifestyles. Players Network produces and distributes original content for its own VOD Channels on television in over 29,000,000 homes over Comcast, DirecTV, AT&T, Verizon and Dish Network, PNTV's own Broadband Network, and Hulu, Blinkx, Google, YouTube and Yahoo Video, as well as for DVD Home Video, mobile platforms, and through worldwide television syndication. Players Network has a program library of over 1600 titles. Players Network has a 12-year history of providing consumers with quality Gaming and Las Vegas Lifestyle content, as well as strategic partnership services in Las Vegas, Atlantic City, and throughout the worldwide gaming industry. For more information go to www.playersnetwork.info
Hey Grouse, how ya been ? Waiting for some news here. Expect the big launch of new platform soon as PR'd. Also looking for expansion of Ambassador program after Wayne Allen Root announcement.
They will. They got to much "pressure" on them this time, to include many lawyers.
Jag, It is a lot more than that. You should focus on 250 million counterfeit shares. It will come out. The SEC has got the goods.
Is that 41,345 more shares just bought? Guess somebody happy with their investment for the future growth of this company. Can't wait fot the new technology to come out soon !!
Yahoo number is wrong. That I have confirmed. Yes, I am very familiar with the Q's. I believe the new investors have also done considerable DD on this conpany and obviously are very happy with the future growth as they are buying. Can't deny that shares are being bought. I'll believe their DD over casual observers. IMO
Geez, the float is ONLY 29 MILLION SHARES. I wonder what will happen if 2 maybe 5 or more million shares are picked up ?????
Apparently new investors coming in disagree with you. I think they have done more DD on this company than many casual observers. I would hate to be short on this stock. IMO
"Basically its worth 5 cents"
I'm having a problem understanding that. Can you expand on why the company is only worth 5 cents??
"no one is going to do any sort of big financing deal until the price is well above 25 cents"
Are you sure of that? That's a bold statement. I was feeling good about the new model and bought millions of shares more. Should I sell or just hang on to them ?
Yes, attorneys seem to have a "need" to speak good english. It never made me any money. I know a very wise judge that told me once...."never trust an attorney who speaks excellent english".
It's pure ATM I tell ya. Do I have to pay taxes on all this money???
Well, I guess that is why your not invested in this company. The many long term investors in PNTV have done a lot of research and I believe from those that I have talked to are very comfortable with their decision,which is beyond hopes and wishes LOL. Be careful with the short position though !!
Not a guess. He's very happy with the future of PNTV.
You just don't get it,do you? The den is out of this stock and 80% is held by long term holders with 5 to 10 million shares going to be bought by just a few people, not to count the probable shares that will be bought by the big investors.IMO It is absolutuly ridiculous to try to deny the incredible revenue breaking events that are taking place and the long term investors buying into this company. It's going to a buck plus. This company is hot. Anybody on the street can find this to be true. The new platform is a monster money making machine. You don't admit to the obvious that investors have done their DD on.
Stop the nonsense talk about the den. It's means ZERO.... This company is now owned by many long term investors that have done their homework.
Made $20k week before last and $18,400 last week. That Monk is a genious I tell ya.
That's interesting. He's in Chicago teaching his class. LMAO
Oh the problem is when 50k is posted by Interactive Brokers and they offer me 200k shares to short and they offer that to others.....there seems to be a problem with the real availability of short shares that is being investigated.
I don't think they meant nasdaq. The 1 time exemption for uplisting at $1.00 is very much in reach very soon to the sub NYSE available when NYSE bought AMEX. This is very real positioning soon. IMO
What about the many shares shorted against the same counterfeit shares and never reported? IB has a way of doing that.
With reference to shorts, I will not debate the NSS either. The question is why Interactive Broker is still offering shares for short ???
It's very simple math. NOBO + OBO compared to T/A.
Your twisting what he said.
Your post certainly sounded like you were expecting Mr. Tice to promote PNTV to his wealthy friends. If that hasn't been successful with the price well down from his average, I'm guessing it won't be.
As for Mr. Tices friends I am not suggesting they all will immediately run out and start buying shares. I am guessing that over the course of time, the next year, as the relationship btw PNTV and Mr. Tice develops he brings in many of his friends. To think just his name would start a buying frenzy is silly though it does seem like some thought it might. For me it ads credibility to PNTVs business plan.
Sounds pretty clear to me."Over the course of time"
Didn't you get the Memo ?? News out next week. LOL I been buying all week. Love these 6's
Yippeee! Get the R/S over and move on up. Bet ya it see's .25 by xmas.
Imagine what the share price will be when the new technoligies come out and all the new contracts and many of Tice's friends and many new investors who are realizing what this company is about to become. Those folks who picked up some shorts that are available need to pray that 5 to 10 million shares aren't picked up soon. It would suck to be on the short side of this company. lolzzz
Did you get your shorts from Interactive broker ? Sink or swim? U.K. There is enough deposited to short off them many, many times. Now, I wonder where they got the physical shares to provide the shorts??
Looks like playing tag with those questionable short players. What would happen with a 1 to 5 million share order ? Ouch!
Oh I don't need to do that. I am a large shareholder for very long term. I have done my DD. You see I am not short on this stock. That would be betting against the odds, if ya know what I mean.
Oh There's no need to pump up this stock.....It will go up cause people of high net worth believe they have a solid investment. The past has nothing to do with the future with this company. Silly statement to remark about the last 10 years when the technology wasn't ready. I guess people who do the DD and read the pr's on this company would understand that. I know the long term investors do. The revenue and launching of the new technologies has been discussed many times on this board. Maybe you missed that.
Some more good news and this rubberband is going to pop !!
WOW, great post !!
The bio info on the team is impressive...
PNTV - MANAGEMENT, DIRECTORS, ADVISORS
MARK BRADLEY, CHAIRMAN & CEO Mark Bradley founded Players Network and has served as Chairman and CEO since its inception. Bradley has been a producer/director at United Artists, and supervised television and film productions for HBO, Nickelodeon, Prime Ticket and MTV. As an independent producer/director, Bradley created and promoted live pay-per-view events, negotiated entertainment programming and distribution deals, budgeted and packaged TV programming, and created the Real Estate Broadcast Network, which was credited as being the first 24-hour real estate channel.
MICHAEL BERK, PRESIDENT OF PROGRAMMING, PRODUCER, DIRECTOR Michael Berk created and Executive Produced Baywatch the most popular series in television history, and is currently producing a large-budget Baywatch feature film for Paramount. He recently co-wrote the feature film Soul Surfer for Sony starring Dennis Quaid, Helen Hunt and Carrie Underwood, and is also a significant figure in the Las Vegas community having founded the highly acclaimed “CineVegas” Film Festival, and has received more than a dozen Senatorial, Gubernatorial, and Mayoral Commendations and Proclamations in Nevada and Las Vegas.
JENNA BODNAR: DIRECTOR OF BUSINESS AFFAIRS / PRODUCER Ms. Bodnar’s extensive media and legal background makes her uniquely qualified to structure both production and business opportunities for PNTV. Ms. Bodnar has produced programming for HBO, Cinemax and Showtime. In the legal realm, Ms. Bodnar’s civil rights has been cited in a landmark Massachusetts Supreme Court decision.
LESLIE THOMAS: MARKETING AND OPERATIONS MANAGER Ms. Thomas manages Players Network’s extensive video library and media distribution, working directly with major media outlets, including: Comcast Communications, DirecTV, AT&T, Verizon, and TivoCast, as well as multiple broadband sites.
PETER HEUMILLER: ADVISOR Heumiller is an Emmy award-winning executive producer experienced at developing and fostering business relationships and content partnerships; creating distribution deals and monetizing New Media strategies. As Vice President, Content Acquisitions and Development for Comcast Cable Corporation, Heumiller co-founded Comcast’s Select on Demand platform, developed dozens of new VOD/broadband content brands and networks, and oversaw a team of over 30 producers, directors and assistants that produced 1,000's of original programming assets which have generated over 1 billion On Demand video views
JOHN J. ENGLISH: ADVISOR / DIRECTOR Mr. English has served as Las Vegas Gaming, Inc’s Senior Vice President of Creative and Business Development, was the President of Lottery Division of Winners Award Center, and co-founded Pinpoint Direct Incorporated, which became one of the largest direct mail sweepstakes and gaming providers in the world. Mr. English created Sports Bet Xpress, the first ever Nevada Gaming Control Board approved remote sports wagering system, and co-created Gamblers Bonus Million Dollar Ticket, the first million dollar jackpot game to be distributed to restricted gaming locations.
RICK GARSON: ADVISOR
Garson is an Entertainment Industry visionary who has produced events seen by billions worldwide. His credits include creating the Billboard Music Awards, the Blockbuster Awards, Fashion Rocks, Global Harmony Concerts: Divas in Beijing, and America’s Party Live from Las Vegas New Years Eve TV Special.
DOUG MILLER: FINANCIAL ADVISOR / DIRECTOR
Mr. Miller holds an MBA from Stanford, and has been CEO/COO/CFO of more than a dozen companies, co-founded and served as President and COO of WinningEdge International, Inc., Executive Producing ´The Winning Edge´ television series and radio programs.
JOHN RACZKA: MARKETING, LICENSING, BUSINESS DEVELOPMENT ADVISOR
John has a consistent record of success in driving revenue growth in the linear, interactive and gaming entertainment sectors worldwide. Currently overseeing the marketing of Franco Dragon's new $250 million show, "The House of Dancing Water", Mr. Raczka has also been GM of Entertainment & Advertising for Macau Studio City Casino, Senior VP of Content for British Telecom (where he rolled out and managed more than 100 branded channels for BT’s digital platform) and Sr. Director of Licensing for Sony Pictures Entertainment.
ED SULLIVAN: MEDIA BRANDING MARKETING ADVISOR
Mr. Sullivan has overseen the brand & marketing efforts for over 50 launches and re-launches of major media companies including: CBS, ABC, FOX, Discovery Networks, Turner Broadcasting, HBO and Disney cable networks, DirecTV satellite DTH as well as several major new platforms introductions including WebTV, AOL Plus and TiVo. With over 500 major industry awards to his credit, (including 5 Emmys), Mr. Sullivan served as Chairman/CEO and Co-Founder of Pittard Sullivan where he worked with leading international media businesses such as The Kirsch Group, ProSieben, Kable1 DSF and DF1 (GR.), Telefonica, Antenna3 (Sp.), NewsCorp., Sky (in the UK and Latin America), and Emirates Media, Inc., AbuDhabiTV and Emirates Channel.
MARTIN KING: CHIEF WEBSITE ARCHITECT Martin King is an innovative, success-driven professional who has provided leadership to several Fortune 100 companies, turning around finances, redesigning technology, and effectively managing change. Mr. King continues to hone his extensive knowledge of business and technical operations as CIO, Chief Scientist, and Technical Architect for Blvd Media Group, LLC, SWPHC, LLC (Internationally), and for Matzinger BioMedical.
Oh it will break a lot more than that when investors increase postions. If anybody really has an investment postion in this company, then I assume they have read all the pr's regarding the revenue growth from soon to be new technologies coming out. As I understand, David Tice did a lot of DD on this company before he bought 6 million shares on the open market.
LOL Maxm dropped to .19 and was hit. The .194's are thin and .20 is in reach.Imo
Only 1 .19 left. Fake wall. No sellers. Only a few folks shorting cause they can. Foolish in my opinion on this company. What would hapen if some million share orders came in? I think investors will follow the high net worth individuals that have been buying in the past as news comes out. IMO
This has nothing to do with a short squeeze. The fact is that high net worth individuals are buying the shares. A short position now would be suicide. Be warned !!!
Remember the fake .17 wall? It vaporized cause there is no sellers. .19 is fake and will blow away as volume comes in.
Bill, Did you see who Wayne Allen Root is? There are some VERY BIG PEOPLE COMING INTO PNTV. SOME VERY BIG MONEY.
lol CSTI GOT SOME BUDDIES TO SIT ON .19 It's not real. There are no sellers. Nobody would be that crazy. Shares held long, long term by people like David Tice. Only shares going out are short from a very questionable source.
LOOKS LIKE ALL BUYING TODAY !!!