Viva Entertainment Group Inc (OTTV)

[justdafactss]

Is oi2 shut down and out of business?


http://www.isitdownrightnow.com/oi2networks.com.html

ORLANDO, Florida, August 4, 2016 /PRNewswire/ --

Viva Entertainment Group, Inc (OTC PINK: OTTV), a developer of an OTT system through which television services are delivered using the Internet, is pleased to announce it has entered into a joint venture with Oi2 Media, the country's largest provider of Latino focused content and services to major broadcast and digital media companies such as iHeart Media and Univision Radio. Oi2 under its radio syndication and digital divisions provides distribution of strong brands such as, CNN en Espanol, Fox Deportes Radio, ESPN Deportes Radio, and many more.

Under the agreement, the two Companies have formed a special purpose Company called "Oi2 TV, LLC" with Oi2 owning 51% and Viva owning 49%. The purpose of the venture is for both Companies to collaboratively engage in the marketing, sales and distribution of next generation IPTV subscriptions to Oi2 Media Corp subscribers. As part of the Agreement, Viva will make capital contributions in the following manner: Viva backend technology and OTT platform, Channel lineup and content initially consisting of Linear channels and VOD, customized Android and Apple IOS apps for OTT, billing and provisioning API, billing and provisioning API, and more. Among the capital contributions from Oi2 TV will include: Sales to new and existing Oi2 listeners, data center and warehousing, marketing and promotions (Radio, TV, Social Media, Billboards), content live TV and VOD, and more. As part of the venture, VIVA will provide to Oi2 TV with a string of live TV channels for a subscription based service that will be marketed via the Oi2 Media App.
https://www.prnewswire.com/news-releases/viva-entertainment-group-enters-into-joint-venture-with-oi2-media-corp-countrys-largest-provider-of-latino-focused-content-589168411.html

About Oi2 Media Corp

Oi2 Media Corp (www.Oi2networks.com ) is a leading global provider of millennial and multicultural focused audio and video content programming services. Oi2's current footprint spans throughout the digital space and across a territorial broadcast and digital media presence in 33 countries via a network 1,700+ radio station affiliations and digital distribution on mobile and satellite media platforms including iHeartRadio, TuneIn, SiriusXM Satellite Radio, and more. As a premium provider of content, Oi2 operates a slate of 24×7 audio streams with a diverse menu of music, news, sports, and entertainment genres. Plus over 100+ daily marquees branded content features, talk and specialty shows. Some of the Oi2 menu of brands include ESPN Deportes Radio; NBC-TELEMUNDO; ALMA Exitos Positivos; Escuchame Tu Show Prep Service; and much more. For more information visit our websites: http://www.Oi2networks.com
https://www.prnewswire.com/news-releases/viva-entertainment-group-signs-agreement-with-oi2-media-group-to-act-as-lead-advertising-sales-agent-covering-north-america-659060423.html