Punch TV Media Studios RECENT IPOWas in fact The One Dollar For Each Share of Stock Correct?LA, California: Punch TV Studio, a vigorous TV production studios authorized with the United states Securities and Exchange Commission to offer stock in the business at $1 for every share. This distinct fundingchance permitted the general public to take a position in an exciting multimedia group with extensive growth potential. This business was excited to participate while making it available to the local community.
With an IPO of 50 million shares of stock at only $1 per share, investors were able to purchase stock directly from the company. Investors in a position develop into part owners in Punch Television Studios, and be a part of in the enjoyment to be able to watch their market.
Punch TV Studios, buyer source has already made it likely for the company to kick here off seven programs across the nationwide attaining over 26 million houses, not to mention stations in Southern California, Columbus Ohio, Pensacola & Jacksonville Florida, Houston & Beaumont TX. The network has actually been able to effectively start up on major cable networks broadcasting on Frontier Communications, DirecTV, AT&T, Charter Spectrum, Fios by Verizon and Dish Network NASDAQ: DISH.
The business' launch on KILM in Los Angeles is estimated to creates over twenty-four million dollars in yearly profit . The company may well make over one point three billion dollars in earnings annually and is allocating a portion of the good amount raised from the stock supplying to generate over 300 feature films and television shows across a big selection of kinds and your market.
In the past year Punch TV was able to invest a one million dollar into Punch Animations stock symbol URBT). With the use of these initiatives will encourage up-and-coming indie film producers to bring their thoughts to finishing and create jobs and economic well being in the locations where the pictures are completed.