It's pretty obvious there was no large payout. You can be sure PNTV would have given at least a hint that they got paid. They could even say that all their convertible debt will be paid off, without specifying where that money was coming from. Their silence speaks volumes as does Comcast's, who didn't even mention the settlement as a material event.
Even the PR PNTV put out was hilarious when you look at their revenues for the period they had this "amazing" system.
PNTV was a pioneer in the creation of Vegas On Demand which was one of the first independently owned VOD networks on CMCSA's Video On Demand platform and ran from April 2004 through November 2015. The Vegas Gaming and Lifestyle Network also gained distribution on virtually every major cable network, OTT and Satellite platforms including, but not limited to; DirecTV, Dish, AT&T U-verse, Verizon Fios, HULU and Google Video.
"Despite this lawsuit, we were grateful for the opportunity to expand our programming and create a better business model for monetizing digital, interactive networks," said PNTV CEO Mark Bradley. Bradley continued "this experience pushed us to reinvent our self as a company, and expand our platform and technology in a way that I believe will become the standard and outperform any new network in both viewership and revenues."
"There's a sucker born every minute, 2 to take him and 4 to lend him toxic debt" PT Barnum's investment advisor.
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