CLEARWATER, Fla., Aug. 25, 2011 /PRNewswire/ -- ValCom, Inc.
(VLCO.PK) announced today that it has closed on agreements to
license content from its film and video library with three national
broadcasters.
Agreements have been signed with Weigel Broadcasting, The Soul
of the South Network and The Angel 2 Network (Dish Network Channel
266). The 3 agreements provide the broadcast rights for over 100
films and television series.
The contracts represent six figures in net income to ValCom.
ValCom will be receiving cash payments for the content. The
networks will begin broadcasting the films and programs in
September.
"These agreements are the beginning of something big for
ValCom!" stated Vince Vellardita,
President and CEO of ValCom. "We've been implementing a plan to
derive revenue from the video and audio content we own. We're
working on deals both domestically and internationally."
ValCom recently made announcements pertaining to the audio
portion of the library where it will be releasing a single of
Ike and Tina Turner on iTunes, and
where it is working with Universal to release a Platters Golden
Anniversary album.
For further company information, please text VLCO to
90210
About ValCom, Inc.
Based in Clearwater, FL,
ValCom, Inc. is a diversified, fully integrated, independent
entertainment company that has been in operation since 1983.
ValCom, Inc., through its operating divisions and subsidiaries,
creates and operates full service facilities that accommodate film,
television and commercial productions with its four divisions
comprised of television and film production, broadcasting (My
Family TV Network), distribution, and live theatre. ValCom's client
list consists of all of the majors such as MGM, Paramount Pictures,
Warner Bros, Disney, CBS, Sony, NBC, Phantom of the Opera, HSN, and
more. For more information, please visit the company's website at
www.valcom.tv
Note About Forward-Looking Statements
With the exception of historical information, this press release
may contain forward-looking statements as that are made pursuant to
the "safe harbor" provisions as defined within The Private
Securities Litigation Reform Act of 1995 (the "PSLRA").
Forward-looking statements may be identified by words including
"anticipates," "believes," "intends," "estimates," and similar
expressions. In addition, any other statements which contain
characterizations of future events or circumstances are
forward-looking statements. These statements are based upon
management's current expectations as of the date of this press
release. Actual results may differ materially from the expectations
contained in this press release due to a number of risks and
uncertainties relating to our business which are discussed in
detail in the Company's periodic filings with the Securities and
Exchange Commission. ValCom, Inc. does not undertake any
responsibility to publicly update any forward-looking statements to
reflect events or circumstances after the date on which any such
statement is made or to reflect the occurrence of unanticipated
events.
Investor Relations
Ingrid Clavijo
(727) 953-9778
SOURCE ValCom, Inc.