WEB GLOBAL HOLDINGS, INC. BEGINS
PROGRAMMING PRODUCTION OF
CRYPTOCAKE
Studio City,
CA -- October 03, 2018 -- InvestorsHub NewsWire
-- Web Global Holdings, Inc. (OTC: WEBB) a diversified cryptocurrency
holding company specializing in media
and digital
currency mining operations, today
announced that the company has started production
in Los
Angeles for
CryptoCake, the 24-hour TV and streaming channel devoted to
cryptocurrency, blockchain and fintech news, information and
entertainment.
Over the last
two weeks,
the company
has been prepping and
shooting six
of the 14 pilot shows for
the
CryptoCake TV channel. Post-production will commence
this week which includes days of editing.
The company
will release the pilots in streaming format
across multiple streaming outlets. The company has also tapped
seasoned Hollywood-based production crews to expedite the production
process.
"We are aggressively moving forward
with a robust slate of original programming and believe we are off
to a terrific start," said Steve Slome, Chief Executive Officer of
Web Global Holdings, Inc. and co-creator of CryptoCake TV.
"The
CryptoCake production team has been hard at work
building out
sets and has cast nearly all of the pilots with experts
and influencers in the crypto
space. The cast members we have chosen
are stellar and have committed their involvement in the channel by
way of sharing content with their personal fans and audience
base."
By year end,
CryptoCake will have a full catalog of
pilot shows and programming covering a variety of narratives related to the
cryptocurrency and blockchain industries. The channel's programming
content will include general news reporting, cryptocurrency
reviews, a celebrity evening talk show, FUD Busting,
gamers in
crypto, as well as a show on exchanges and Initial Coin
Offering's (ICO's).
According to a recent report
from the Video
Advertising Bureau (VAB), the number of U.S. TV households using
only over-the-top (OTT) streaming services and devices has tripled
since 2013, rising to 14.1 million homes. The report also found
that the use of OTT devices and access is on the rise, with nearly
one-third of all OTT subscribers having three
or more ways
of accessing content, an increase of eight times from two years
ago.
Slome continued:
"We are also fielding a considerable amount
of interest in advertising space as almost all operators in the
crypto space are hungry for increased exposure for their
operations. Advertising will be one of the most crucial
revenue sources for the company and we are very encouraged by
the potential we can already see coming our
way."
The VAB report also projects that advertising will continue
to be an essential component of the OTT ecosystem. According to
the
findings, 65
percent of people who use a second screen while streaming content
have looked up information about a product they've seen advertised
or featured on that program.
The company plans to announce
the titles of the shows by the end of
October of
the 14 pilots with previews released
on www.cryptocake.com and the CryptoCake YouTube
channel with
the full channel set to launch February 2019.
To learn more about Web Global
Holdings and the CryptoCake TV
channel,
please visit the company's website.
ABOUT WEB
GLOBAL HOLDINGS, INC.
Web Global Holdings, Inc. is a
California-Headquartered, publicly traded company
(OTC: WEBB) incorporated
in the state of Colorado. We are a diversified holdings company
that creates growth through asset acquisition and
development to produce long-term cash flow and
favorable returns for stakeholders. Web Global Holdings has a
diverse array of operating subsidiaries specializing in both
traditional television production, internet, streaming media along
with crypto, blockchain and the FinTech space. Webb is currently building out
OTT streaming channels, reality television productions, online
videos, and scripted television around the rapidly expanding crypto
and blockchain universe. Web Global Holdings' largest operating
subsidies are CryptoCake,
BitGen Mining, and Allocation Media
Entertainment.
To learn more
about
Web Global
Holdings, Inc. and its portfolio
companies,
please visit:
http://webglobalholdings.com
http://allocationmedia.com
https://bitexmining.com
Notice Regarding
Forward-Looking Statements
This press release
may contain "forward-looking statements," as defined
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 and is subject
to the Safe Harbor created by those sections. Statements
in this press release that 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.
Public
Relations Contact:
Tory Patterson, CMW
Media
Tory@cmwmedia.com
www.cmwmedia.com
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