Positive info on QBID...
By: xlr8rs
31 Jul 2004, 01:22 PM EDT
Msg. 1898 of 1917
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From the QBID Rumor Room on another forum
Post from NoBull on MW:
RE: The call from RCN's IR Department 7/23/2004 12:58:24 PM
Posted By: Nobull101 Msg# 51696 of 51701
I mentioned yesterday that I had called and emailed RCN's IR department...Time Downing (RCN's IR Dept) (609) 734-3718 just called me back.
He stated that RCN signed an aggreement with QTV to broadcast their channel. The PR that was released by QTV was a joint PR and that they will not be issuing a seperate PR. However...they will release a PR within two weeks to notify the public of QTVs channel spot. They will begin a pre luanch prior to that release. Within the next two weeks RCN will begin an advertising campaigne to their customers via direct mailers, email and telemarketing.
Downing said that QTV will be a PPV channel and will likely take one of the channels listed on their channel line up under PPV. The channel will cost $7.95 per month.
He siad that the deal with QTV is revenue shared, but would not go into details of the contract as it is confidential.
He siad that as of their last report...they have 436K customers which are largely focused in the Chicago, NY, and Wash. DC market. LA and SF are emerging markets.
Thats all I have...as always...you can call Downing and verify this info yourselves...he was very opened and said he would welcome a call back if I had anymore questions.
So...within the next week we should begin to see an ad campaigne from QTV and RCN to bring on subscribers.
This could give the pps a great boost. A window finally opened for bringing in revenue. GLTA ;)
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