TV Channels Network
Growth Stage
Online television platform
Overview
Raised: $1,000
Total Commitments ($USD)
Platform
TruCrowd
Start Date
05/10/2023
Close Date
09/29/2023
Min. Goal
$10,000
Max. Goal
$5,000,000
Min. Investment
$1,000
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$5.00
Pre-Money Valuation
$161,552,600
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/03/2023
Days Remaining
118
% of Min. Goal
10%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$42
# of Investors
1
Momentum
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Year Founded
2022
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
TV Channels Network, with a valuation of $161.5 million, is raising funds on TruCrowd. It is an online television platform that offers a range of channels and tailored content to the viewers. The platform aims to disrupt the traditional TV experience with its user-friendly and personalized content and combines on-demand content, exclusive programming, and live TV. TV Channels Network has signed agreements to offer more than 300 National Live TV channels and 100 Live Video Concert channels in 2023. Darryl Payne founded TV Channels Network in August 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5 million. The campaign proceeds will be used for the expansion of the content library, securing new partnerships, enhancing platform features, marketing, user acquisition, technology infrastructure development, and expansion into new markets and devices.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-522 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$78 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$578 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 05/10/2023
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