introduction
PodTV curates independent video entertainment and video based podcasting for audiences that are passionate about specific and unique targeted subject matter and genres. We deliver this holistic experience through our proprietary streaming TV apps and live linear channels which are distributed through major smart tv manufacturers such as Samsung, LG, and Vizio as well as in distribution agreement with streaming device/platform companies including Roku, Apple TV, Amazon Fire, Android TV, Google TV and Plex. We are a “FAST” Free Ad Supported network and generate revenue by selling advertising and sponsorships for our programming.
Milestones
- Launched Crime and Conspiracy Channel - Dec 2021
- Secured exclusive rights to Sammy the Bull "Our Thing" series
- Produced and launched two original series "Spies Like Us" and "Dog in the Yard"
- Generated first revenue at launch of Crime and Conspiracy
- Launched Pro Wrestling TV - April 2022
- Signed exclusive distribution deals with major wrestling promotions compnaies Lucha Libre, Warrior Wrestling, Control Your Narrative, and Womens Wrestling Army - April 2022
- Held first Pay-per-view - May 2022
- Signed Truly Criminal Series (35 million Youtube views) for exclusive over-the-top “OTT” and podcast distribution - June 2022
- Compiled a content library of over 1000 hours of programming
- Release more than 100 hours of new programming each month - June 2022
- Channel exceeding 100% quarter over quarter growth Q1 to Q2 2022
- Secured TNT wrestling promotion in UK - July 2022
- Over 90% of our content is exclusive to PodTV for OTT Connected TV
PROBLEM
The world of streaming video and connected TV has changed the face of television and film industries forever and opened the gateway for content to be discovered and viewed by audiences anytime, anywhere and on everything from smart phones to smart TV’s.
Unfortunately, most independent content creators are unable to ride the wave of this rapidly expanding universe. Getting in front of the masses has been limited to those fortunate few that have their film, show, or podcast picked up by one of the industry giants. And that means denying millions of potential fans from discovering and enjoying some of the best content the industry has to offer. This is especially true for podcasters and YouTubers.
Viewers on the other hand are suffering from having to search and pay for too many apps and digital platforms to find what they enjoy. They want their content curated and personalized so they can spend more time watching and less time searching.
SOLUTION
PodTV provides highly curated video programming sourced from proven creators as well as internally developed programming with a focus on specific targeted genres and categories that possess rabid fan bases allowing consumers to experience their favorite podcast shows, films and live events all in one place.
We deliver this holistic entertainment experience via our proprietary TV app and live channel platform which is distributed across over 200 million smart tvs and mobile devices.
business model
We are a direct to consumer company. We generate revenue in three ways:
- Ads, program/network sponsorships
- Pay-per-view (PPV)
- Live streaming events
market
The connected tv industry is experiencing significant growth.
- Juniper Research predicts 2 billion OTT active subscribers by 2025.
- Comscore has seen a 29% increase in ad supported viewership from 2021 to 2022.
- Adweek is reporting a 39% increase in ad revenues reaching $21.2 billion.
press
TEAM
Use of Proceeds
If the offering's maximum amount of $1,070,000 is raised:
| Use | Value | % of Proceeds |
|---|---|---|
| Compensation for managers | $250,000 | 23.4% |
| Marketing & Promotions | $450,000 | 42.1% |
| Content Acquisition and Development | $267,570 | 25.0% |
| General & Administration | $50,000 | 4.7% |
| Intermediary fees | $52,430 | 4.9% |
Terms
This number includes all funds raised by the Company in this round on Netcapital. This is an offering of Class A Common Units, under registration exemption 4(a)(6), in PodTV LLC. This offering must reach its target of at least $10,000 by its offering deadline of February 28, 2023 at 11:59pm ET. If this offering does not reach its target by the offering deadline, then your money will be refunded.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Financials
These financial statements have been reviewed by an independent Certified Public Accountant.
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
- Mar 1, 2023Primary offering finalized, selling units
- Nov 10, 2022(NEW YORK) – Major League Wrestling (“MLW”),...
- Nov 9, 2022WE ARE FEATURED ON PLEX! PLEX, one of the...
Ask a Question
Proofread your comment before submitting: once it's posted, you can’t edit or delete it. Investors are advised to review our Discussion Board Policy before submitting a comment. For the fastest help with the web site, email help@netcapital.com instead of commenting.
Looking to raise capital?
We can help turn your friends, family and customers into investors.
Interested in more investment opportunities?
Browse all offerings currently available.