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Destination Television to Acquire Charter Digital Media
Destination Television, Inc. (OTCBB
STV) has entered into a letter of intent to acquire New York based, Charter Digital Media Inc.
Charter Digital Media (“CDM”) is a national representative firm for digital signage, selling and distributing national advertising across multiple networks. CDM delivers millions of audience impressions by consolidating out-of-home networks. It grew in 2006 by creating alliances with such companies as Movie Gallery Networks with 2,310 stores, and Hollywood Video TV with over 2,000 stores; Port Authority Terminal (32’ x 38’ giant screen in Times Square); PATHVision (270 screens in 13 train stations); South Street Seaport; and MJM SportsTV with locations in the top 50 markets. Monthly gross impressions across CDM’s managed networks exceed 75 million viewers covering a wide range of consumers at point-of-sale. Revenue streams include management fees and shared advertising revenue. Advertisers include: Coca-Cola, Hershey, Twentieth Century Fox, Disney Studios, Universal Studios, Toyota, Anheuser Busch, CBS, HBO Sports and Wall Street Journal.
Gordon Scott Venters, President/CEO of Destination Television, stated: “The acquisition of Charter Digital Media allows Destination Television to enter New York’s media market, and with CDM as our sales agent provides access to national advertisers for our networks.”
Terence J. Kollman, CDM’s President/CEO, said: “We’ve been looking for the right company to capitalize our sales and marketing expansion and believe that Destination Television is a great partner. Charter will be adding more networks in 2007 to increase delivery to more than 100 million gross impressions each month. Advertisers and their ad agencies agree that critical mass is crucial in placing media budgets with out-of-home digital signage networks.”
This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results, specifically in the areas of future sales growth and profitability. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material events.
Destination Television, Inc., Fort Lauderdale
Corporate Contact:
Gordon Scott Venters, President/CEO, 1-866-382-DETV
or
Media Contact: www.destinationtelevision.com
Source: Business Wire (March 7, 2007 - 11:10 AM EST)
News by QuoteMedia
www.quotemedia.com
Destination Television, Inc. (OTCBB
STV) has entered into a letter of intent to acquire New York based, Charter Digital Media Inc. Charter Digital Media (“CDM”) is a national representative firm for digital signage, selling and distributing national advertising across multiple networks. CDM delivers millions of audience impressions by consolidating out-of-home networks. It grew in 2006 by creating alliances with such companies as Movie Gallery Networks with 2,310 stores, and Hollywood Video TV with over 2,000 stores; Port Authority Terminal (32’ x 38’ giant screen in Times Square); PATHVision (270 screens in 13 train stations); South Street Seaport; and MJM SportsTV with locations in the top 50 markets. Monthly gross impressions across CDM’s managed networks exceed 75 million viewers covering a wide range of consumers at point-of-sale. Revenue streams include management fees and shared advertising revenue. Advertisers include: Coca-Cola, Hershey, Twentieth Century Fox, Disney Studios, Universal Studios, Toyota, Anheuser Busch, CBS, HBO Sports and Wall Street Journal.
Gordon Scott Venters, President/CEO of Destination Television, stated: “The acquisition of Charter Digital Media allows Destination Television to enter New York’s media market, and with CDM as our sales agent provides access to national advertisers for our networks.”
Terence J. Kollman, CDM’s President/CEO, said: “We’ve been looking for the right company to capitalize our sales and marketing expansion and believe that Destination Television is a great partner. Charter will be adding more networks in 2007 to increase delivery to more than 100 million gross impressions each month. Advertisers and their ad agencies agree that critical mass is crucial in placing media budgets with out-of-home digital signage networks.”
This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results, specifically in the areas of future sales growth and profitability. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material events.
Destination Television, Inc., Fort Lauderdale
Corporate Contact:
Gordon Scott Venters, President/CEO, 1-866-382-DETV
or
Media Contact: www.destinationtelevision.com
Source: Business Wire (March 7, 2007 - 11:10 AM EST)
News by QuoteMedia
www.quotemedia.com
Antwort auf Beitrag Nr.: 28.169.388 von Qork am 07.03.07 17:26:24Grad scheints ein schöner Preis zu sein, aber ich nichts zur Verfügung 
Antwort auf Beitrag Nr.: 28.169.668 von Kaltental am 07.03.07 17:39:09Nächste Merger kommt bestimmt 
Antwort auf Beitrag Nr.: 28.169.744 von Qork am 07.03.07 17:42:49Merger ist ja noch nicht durch. Ist erst ein LOI, oder?
Trading Spotlight
Antwort auf Beitrag Nr.: 28.169.766 von Kaltental am 07.03.07 17:44:00Jau,letter of intent
Antwort auf Beitrag Nr.: 28.169.782 von Qork am 07.03.07 17:44:52Die große Chance kommt dann meist noch 
Antwort auf Beitrag Nr.: 28.169.856 von Kaltental am 07.03.07 17:48:17Mal schauen habe ne kleine Posi die ich mal liegen lasse 
Antwort auf Beitrag Nr.: 28.170.257 von Qork am 07.03.07 18:08:15Ja,die kleine werde ich mir auch gleich greifen
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Antwort auf Beitrag Nr.: 28.170.257 von Qork am 07.03.07 18:08:15
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