Web Global Holdings, Inc. Announces Discussions Underway On Long Term Advertising Contracts With Several Of The Largest Cryptocurrency Companies In The World
Web Global Holdings is in agreement with several pundits and experts who feel that there are sleeping crypto giants that will eventually surpass Bitcoin and NOW is the time to develop working relationships with as many of these up-and-coming performers as possible.
STUDIO CITY, Calif., Aug. 03, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE — WEB GLOBAL HOLDINGS, INC. (OTC: WEBB) announced today that the company is in serious discussions with several of the top 25 cryptocurrencies in the world for long-term marketing and advertising partnerships.
CEO Steve Slome stated, “Like any successful television production or series, the majority of our revenues will be generated via marketing and advertising. As viewership increases over time, the advertising spots will become infinitely more valuable. Based on preliminary industry analysis and the number of advertising and product placement spots available, we feel that $50K per month per advertiser is a reasonable expectation for our Crypto TV Network. Our goal is to have a minimum of 50 solid advertisers in place within 12 months of our launch date generating $30M in annual revenue.” High priced targeted CPM ad models could also generate revenue as well for traditional advertisers.
Mr. Slome continued with, “Fifty solid advertisers in the blockchain space may sound like an optimistic short-term goal to some, but with over 1,600 cryptocurrencies across the world and growing, we feel that 50 is conservative and just the start of our long-term revenue potential. In addition to cryptocurrency operators, there are other ancillary businesses that already see our Crypto TV Network as a viable option for increased exposure. In fact, a few “Cold Wallet” companies have expressed an interest in contracting with us just in the past few weeks.”
Mr. Slome finished up with, “We want everyone to know that the long-term reputation and integrity of our company will always be our priority from day one. Being first to market is a great position to be in and we are confident that if every piece of programming is put together with a focus on journalistic integrity, engaging content and top notch production quality, the eyeballs and revenues will follow. As a company, we are excited about this project and we also feel that it should prove to be an exciting and lucrative venture for our long-term shareholders as well.”
About Web Global Holdings, Inc: Web Global Holdings is the parent company of Allocation Media Entertainment, a company that generates its revenue through the creation of original and unique television programming. The content is growing in popularity through syndication around the world via numerous broadcast, cable, sports and digital networks.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
Source: Web Global Holdings, Inc.