ValCom Monetizing On Library Content By Cashing In
CLEARWATER, Fla., Aug. 25, 2011 /PRNewswire/ -- ValCom, Inc. (VLCO.PK) announced today that it has closed on agreements to license content from its film and video library with three national broadcasters.
Agreements have been signed with Weigel Broadcasting, The Soul of the South Network and The Angel 2 Network (Dish Network Channel 266). The 3 agreements provide the broadcast rights for over 100 films and television series.
The contracts represent six figures in net income to ValCom. ValCom will be receiving cash payments for the content. The networks will begin broadcasting the films and programs in September.
"These agreements are the beginning of something big for ValCom!" stated Vince Vellardita, President and CEO of ValCom. "We've been implementing a plan to derive revenue from the video and audio content we own. We're working on deals both domestically and internationally."ValCom recently made announcements pertaining to the audio portion of the library where it will be releasing a single of Ike and Tina Turner on iTunes, and where it is working with Universal to release a Platters Golden Anniversary album. For further company information, please text VLCO to 90210 About ValCom, Inc. Based in Clearwater, FL, ValCom, Inc. is a diversified, fully integrated, independent entertainment company that has been in operation since 1983. ValCom, Inc., through its operating divisions and subsidiaries, creates and operates full service facilities that accommodate film, television and commercial productions with its four divisions comprised of television and film production, broadcasting (My Family TV Network), distribution, and live theatre. ValCom's client list consists of all of the majors such as MGM, Paramount Pictures, Warner Bros, Disney, CBS, Sony, NBC, Phantom of the Opera, HSN, and more. For more information, please visit the company's website at www.valcom.tv Note About Forward-Looking Statements
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV