Broadcasting Company for Sale in Philadelphia, United States
Established | 10-20 year(s) |
Employees | 5 - 10 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 745 thousand |
Run Rate Sales | USD 840 thousand |
EBITDA Margin | 15 % |
Industries | Broadcasting + 1 more |
Locations | Philadelphia |
Local Time | 6:19 AM America / New York |
Listed By | Business Owner / Director |
Status | Active |
- Bootstrapped OTT streaming platform based out of Philadelphia.
- One of the largest privately-owned movie streaming service providers in the US.
- Company has a robust technology platform with a proprietary content management system and reporting.
- Has existing deals with over 25 studios including major studios and independents with licensed rights to over 15,000 films.
- Existing distribution deals with major cable, companies, hotels, TV manufacturers and set-tops.
- Platform has more than 200K registered users.
- Technology includes apps for Android and iOS, set-top boxes, Chromecast, Roku, Vizio, Samsung and LG TVs, web browsers and Amazon Fire TV.
- Mobile app has more than 100,000 downloads on Google Play Store and also has an app on iOS.
- Monetization is through monthly subscription packages with different price points and pay as you go for individual rentals of major new releases as well as ad-supported free movies.
- Company launched a new, ad-supported product on several major platforms.
- Recent launch as exclusive provider of movies on new platform generating recurring, monthly licensing fees.
- Deal with largest cable company in the United States delivering new, growing revenue sources.
- Launching Creator Network in 3rd quarter of this year which is projected to double current revenue and quadruple current EBITDA.
-These new revenue sources will dramatically increase revenue, growth rate and profits for the present year and beyond.
On-demand streaming platform with a variety of movie options including subscriptions, pay as you go and ad-supported content.
Computers and other hardware, proprietary technology platform, contracts with over 25 studios to deliver movie content, all developed apps and website, distribution deals with major cable companies, hotels and TV manufacturers, over 250,000 customer emails from customers who created accounts since the inception of the business.
Recently moved operations to the cloud using a secure data center with all employees working remotely.
Business 100% funded by the majority shareholder. who owns 75%. Three other minority shareholders who are not involved in the business own a total of 25% There are no debts or loans.
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14 hours agoDirector, Domain Hosting, Lompret, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Technology, Miami, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysM&A Business Broker, São Paulo, Business Broker connected with the Business