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Monday, July 21, 2014 12:43:46 PM
Freedom Energy Holdings/Launch TV Network Announces Distribution and Licensing Agreement With NetRange MMH GmbH With the Potential of up to 8 Million Subscribers
Marketwired
Freedom Energy Holdings, Inc. 2 minutes ago
FORT WAYNE, IN--(Marketwired - Jul 21, 2014) - Freedom Energy Holdings, Inc. (OTC: FDMF) CEO Brian Kistler, with its wholly owned subsidiary Launch TV Network Company, Inc., today announced the following "launch" of Launch TV's integration via NetRange to the Smart TV Portals.
As negotiated through the European Television Guild, NetRange will include Launch TV in the basic (bundled channels) channel package. According to the agreement, NetRange shall integrate Launch TV to the Smart TV Portal paying Launch TV .05EUR per subscriber per month.
The term of the agreement is a 3 year license with NetRange MMH GmbH to distribute Launch TV via web-based and/or device-based Smart TV portals on TV Sets, set-top boxes, Blu-Ray players, routers, HDMI dongles, handheld devices, and Smart Phones for a non-exclusive worldwide distribution. NetRange currently has access to approximately 8 million devices. The exact numbers of subscriptions and speed of the rollout has not been determined, however the rollout will begin in August 2014.
NetRange MMH is noted as the largest independent provider of Smart TV portal solutions in Europe! In regards to Smart TV sets, according to a report from the researcher NPD In-Stat predicts that 100 million homes in North America and Western Europe will own television sets that blend traditional programs with internet content by 2016.
Brian Kistler stated, "The progress of Launch TV just continues to amaze me. I am truly thankful for the continuous and tireless efforts of Maureen Cooper, our CEO and her staff. The partnership with the European Television Guild, has opened the European markets up wide with other opportunities to come. Launch TV and this agreement with NetRange, is a real game changer for our company.
"The viewing area for Launch TV has exploded to over 23 US markets on local TV and/or cable, on Roku, and via iPoint TV on iPad, iPhone, Android, Smart TV devices and more, reaching over 32.7 million homes. Additionally, it is a real statement as to the quality of the content we offer as we have now entered Dallas, Texas the #5 market in the USA with our, previously announced, new TV Broadcast affiliate, KAZD in Dallas/Fort Worth TX, on channel 55.4 viewership reaching up to 2.5 million households.
"I hope to be able to bring further announcements regarding the other divisions of the company in the very near future. I am confident that the direction of the company will be made clear very soon as we make known the true value of the company's technology and Subsidiaries," concluded Kistler.
http://finance.yahoo.com/news/freedom-energy-holdings-launch-tv-164109857.html
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