URBT Network (OTC: URBT) & Punch TV Studios Close to Completing Deal With Warner Bros.
HOLLYWOOD, Calif., Sept. 8, 2015 (GLOBE NEWSWIRE) — URBT has been in negotiations with Warner Bros. to provide urban programming for the network. As a part of the deal URBT Network, along with sister company Punch TV Studios, will have access to the Warner Bros. urban library. The deal comes in time for the Q1 2016 launch of the URBT Television Network (OTC:URBT).
Such shows as “Amos and Andrew” starring Samuel L Jackson, “The Cleaner” starring Cedric The Entertainer, and more than 200 hours of urban programming will be made available to the URBT Network (OTC:URBT) upon the completion of negotiations.
“This is a significant partnership for our company,” says Joseph Collins CEO of URBT Network and Punch TV Studios, “Warner Bros. is a premiere brand. This partnership will give Warner Bros. additional distribution into markets they are not currently reaching, and this should make it easier for the URBT Network to attract television and cable affiliates. URBT Network is planning to launch into more than 60 million homes in Q1 2016 and this deal now positions our company to be a true competitor.”
Industry veteran Mark Corcoran says, “A deal between Punch TV Studios, URBT Network and Warner Bros. (NYSE:TWX) is going to be a game changer for those that may have any doubt that the URBT Network is going to be hot.”
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company’s current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company’s business prospects, and cause actual results to differ materially from those described in the forward-looking statements, can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: URBT Network
Joseph Collins CEO