Thursday March 4, 12:55 pm ET
PALM SPRINGS, Calif., March 4 /PRNewswire-FirstCall/ -- Triangle Multi- Media Ltd. is pleased to welcome back Steven Grunberg in the capacity of President of Programming and Acquisitions. Grunberg, a motion picture/television industry executive for over twenty-five years, will bring to light the vision established by CEO and President Frank Olsen for a 24/7 Gay and Lesbian television network. A graduate in film and television from UCLA, and with a background in marketing, distribution and acquisitions, Grunberg will continue a career that began at Filmways and spanned stays at New World, Orion Pictures, Trans World, Epic, and Columbia Tri-Star International.
Frank Olsen states, "I sought out to rehire Steven Grunberg because other acquisition professionals knew nothing of the gay market and several of them were so ignorant they didn't know where to begin. Steven has the capabilities I need to schedule a well-rounded broadcast day for our audience."
Triangle will have additional good news in the middle of next week.
QBID Overview
The Triangle Television Network (the 'Company' or 'TTN'), a wholly owned subsidiary of Triangle Multi-Media Limited, Inc (QBID) was organized to create and develop a network devoted to providing both television programming for the gay and lesbian community. While TTN expects much of its subscriber base will be comprised of members of the gay and lesbian population, management also believes that quality programming about the gay and lesbian experience, designed to entertain, educate and inform, will attract many other segments of the viewing public. TTN's programming will be provided on a subscription basis to those desiring its programming. The Triangle Television Network will broadcast 24 hours per day, 7 days per week. Providing distribution via satellite ensures availability of the Triangle Television Network across the United States, including Alaska, Hawaii and Puerto Rico.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; Triangle Multi-Media's ability to execute its business model and strategic plans; and the risks described from time to time in the company's Securities and Exchange Commission filings.
QBID Contact:
Frank Olsen, President
760-323-4455
AI
