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Valiant Eagle has made this move in accordance with the global trend toward OTT delivery, adopting a model that has been proven successful with companies such as Walmart and Amazon
LOS ANGELES, CA, February 25, 2020 /24-7PressRelease/ -- XMG has a portfolio of over two dozen streaming and broadcast channels, each in its own specific niche or micro-niche and ranging from sports, cannabis, music, children's entertainment, fitness, horror, to many others. The new XMG channels will join Valiant Eagle's flagship network, OKTV, which will remain independent of XMG.
This launch instantly propels Valiant Eagle Inc. to the forefront of the media world by using a model that provides viewers with the exact content they desire. This model will satisfy the demands of the bulk of today's consumers.
Valiant Eagle has made this move in accordance with the global trend toward OTT delivery, adopting a model that has been proven successful with companies such as Walmart and Amazon in that they mostly distribute products provided by third parties. Thus, they are able to keep their overhead and inventory at a revolving minimum because they do not actually produce/manufacture products themselves until marketing trends provided by their own metrics prove that a certain product is already selling well. They then commit their own resources to promoting higher yields of those micro-trending items or programs or services. Similarly, XMG will similarly accept content that is airworthy and ready, and only commit its own production, marketing or sales resources on those projects with proven success.
XMG's initial Level 1 content will be provided by independent producers. With an abundance of content creators in the marketplace, the need for production financing for speculative ventures will largely be eliminated. The majority of Level 1 content will be delivered ready-to-air on any one or more of the new XMG channels. Original programming (Level 2 and above content) will be limited to those selected projects that have already proven to be "hits" at Level 1.
Revenue will vary per channel. Some will be subscription-based while other channels' revenue will be derived from advertisement sales In current industry terms, pVOD, aVOD, sVOD and Direct Sales business models will all be available to the individual content producer and advertiser, who, it is anticipated, will be more than excited because of their ability to reach their specifically targeted audiences, on terms and with revenues they will desire.
Currently, all channels are on Roku (currently reaching over 40 million subscribers and growing rapidly, while cable TV's consumer base continues to diminish), and will soon be available on Amazon Fire, Apple TV, Google Playstore, Rabbit TV, XBOX, Chromecast and more. Select channels will also be broadcast through regular FCC-approved TV channels.
Valiant Eagle, Inc. (PSRU:OTC) is a publicly-traded corporation focused on the energizing of celebrity entertainment, social media and TV communications. VE aims to achieve an unparalleled advancement towards media through music, sports and, with respect to the millennial generation, through technology.
With the technological infrastructure, individuals, organizations and government have created a huge platform which enables effective communication. As such, Valiant Eagle, Inc. features content on iPhone, Android phones, Tablets, and Computers. Evidently, traditional TV viewership will gradually decline due to the evolving media landscape. From statistical evidence, 2017 is the first year that the usage of digital video supersedes that of traditional TV. The replacing medium is smartphone and tablet devices, providing the audience with a truly discrete and satisfactory experience while downloading or streaming video.
The need for viewers to engage online and broadcast content for entertainment has proven and is still proving to be highly demanded by both individuals and groups.
Valiant Eagle, Inc. continues to be the handy solution, with access to set tools which allow viewers to get tuned in on topics such as Music, Sports and Entertainment in the most convenient and efficient way.
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This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Valiant Eagle, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Valiant Eagle, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
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