Description:
The Company is a cable and streaming television network that produces, aggregates, and licenses entertainment and broadcasting that spans films, series, talk, comedy, and music programming. The Company distributes a 24/7 linear channel through major multichannel video programming distributors (MVPDs), alongside over-the-top (OTT) and connected TV (CTV) availability, thereby extending its reach across both traditional and connected platforms.
Key Aspects:
• The Company has an irreplaceable distribution footprint on cable and streaming platforms, demonstrating a scarce and non-replicable asset in today's market.
• From 2022 to 2024, the Company's gross profit and adjusted EBITDA margins averaged 51.5% and 24.7%, respectively, which ownership attributes to efficient operations and disciplined cost management.
• The Company's television network is available to over twelve million households with over eight million paid via affiliate fees through its distribution network.
• The Company's exclusive content library includes over 350 movies available on demand, original programs, several daily talk shows, game shows, comedy, live concerts, and poetry specials.
• The Company owns and operates a proprietary music label featuring song distributed across major streaming platforms.
Opportunities:
• Over 210,000 of the Company's annual ad slots (both local and national) remain largely unmonetized, presenting a clear opportunity to unlock $40-60 million in incremental EBITDA through integrated ad sales and strategic representation partnerships.
• The Company's proven performance with its current distribution network establishes a foundation to extend carriage to additional major multiple systems operations (MSOs) and increase affiliate revenues and national penetration.
• The Company is positioned to scale distribution across leading free and ad-supported streaming platforms, to compound audience reach and further monetize its movie catalog.
• Expand into podcasts and short-form serialized vertical microdramas with over 300 already developed and ready for production, to boost audience engagement, drive repeat viewership, and create high-frequency ad inventory revenues.
• Pursue monthly live concert offerings, featuring confirmed and upcoming artists, with an annual festival.
Current Markets:
• The Company specializes in producing, broadcasting, and streaming content for the multicultural Black communities throughout the United States.
• As of August 2025, the Company's programming is active in over 39 states.
Headquartered:
• Southeast, U.S.
Real Estate:
• The Company operates from a 30,000 sq. ft. state-of-the-art facility leased from an unrelated third party.
• The facility features several TV studios, a 200-seat theater, and a fully equipped recording studio.
• Management notes that the facility lease is transferable.
Shareholder Objectives:
• The Company is owned by two partners who are seeking to financially de-risk and exit post-sale.
• The active partner is willing to remain with the Company post-sale, while the other partner is inactive and would like to exit.
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