posted
Here is some good info on this company. Check out the chart the mac crossed and it's ready to peak again.
"Urban Television Network Corporation (OTC Bulletin Board: URBT) and its UATV broadcast network released comments on the new CW network formed by the combination of UPN and WB networks.
"The announcement of the new CW network to combine the UPN and WB programming properties is very significant to the industry," said Jacob Miles, Chief Executive Officer. "This merger of assets to create a full-time network versus two part-time networks demonstrates the validity of broadcast television and our 24/7 broadcast business model as well as the need to have a critical mass of programming to attract viewers. UATV is looking to expand its full-power affiliate base and is well positioned as an outlet for stations' programming, to pick up content and UPN/WB-abandoned affiliate stations."
The UATV network is a cutting-edge broadcast network that targets the 80 million urban consumers from the African-American and English-speaking Hispanic markets. The company recently announced an agreement with Nielsen Media Research to provide measurement to advertisers for its urban programming.
"We are very excited about the merger between WB and UPN," said C. Bruno Olivieri, Executive Vice President for UATV. "With our current expansion strategy in the full power marketplace, this creates more opportunities for the network and we are looking forward to negotiating partnerships with those WB and UPN affiliates that are not included in this merger."
About Urban Television Network Corporation: Fort Worth, Texas based Urban Television Network Corporation is the nation's first and only minority certified television network composed of broadcast television station affiliates across the country. Programming provided by the network via satellite transmission is specifically targeted to America's urban market comprised of African Americans, English-speaking Hispanics and other Urban American consumers. The network has approximately 70 affiliates with a household coverage of approximately 22 million households. For additional information about Urban Television Network Corporation visit us on the Internet at http://www.uatvn.com ."
I also got some interesting info on second quarter advertising sales......
"Our primary source of revenue is the sale of advertising and programming time on our network and local stations. Our revenues are affected primarily by the advertising rates that we are able to charge for national advertising commercials on the Urban TV network and that the television stations we manage on a local basis are able to charge as well as the overall demand for African-American and Hispanic television advertising time."
"Seasonal fluctuations are also common to the broadcast industry and are due primarily to fluctuations in advertising expenditures by national and local advertisers. The first calendar quarter typically produces the lowest broadcast revenues for the year because of the normal post-holiday decreases in advertising.
Currently most of our network advertising has been sold to direct response and per inquiry advertisers. Going forward, we plan to deploy a network advertising team consisting of account executives that will solicit advertising directly from national advertisers as well as soliciting advertising from national advertising agencies. Locally managed stations will also have account executives that will solicit local and national advertising directly from advertisers and from advertising agencies in the local markets. "
The second quarter is right around the corner, these guys a re pushing to have there pps back up to 0.10.
Solid buy at FOUR CENTS!!!!!!!!!!!
Posts: 30 | Registered: Feb 2006
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posted
This thing has treated me well in the past i say its a great buy in the four cent range, However it wont be in that range for long!
Posts: 96 | From: OK | Registered: Jan 2006
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Company website has map of US outlining states where Urban Television Network is now available. Almost half the continental states boasts the network, as well as Alaska. Scheduling appears to be very diverse, appealing to a targeted audience.
Posts: 66 | From: Tennessee | Registered: Apr 2005
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