ZONX Zonzia Media Inc (CE)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported): June 26, 2015

 

Zonzia Media, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

 

Nevada		002-75313		84-0871427
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

 

74 N. Pecos Road, Suite D, Henderson, NV		89074
(Address of Principal Executive Offices)		(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (702) 463-8528

N/A

(Former Name or Address, Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    

 

 

 

 

Item 1.01 Entry Into a Material Definitive Agreement.

 

Description of Channel Distribution Agreement with simplyME

 

On February 9, 2015, Zonzia Media, Inc. (the “Company”) entered into a Channel Distribution Agreement with simplyME Distribution (“simplyME”), whereby simplyME agreed to transmit or otherwise distribute the Company’s content to end users across cable, satellite, IPTV, Internet, mobile and television platforms. Under this agreement, simplyMe will use its contracts with providers to place the Company’s content across on-demand platforms which include: Verizon FiOS, Verizon Wireless, DISH Network, DISH Hopper, Comcast, XBOX and a sub-channel to be named by the Company. In exchange for these distribution services, the Company agreed to pay simplyME a distribution fee due 30 days before launch, with an ongoing monthly fee. The parties agreed to split evenly advertising revenue under the agreement. The agreement has an initial term of two years and may be renewed thereafter. With the announcement described under Item 8.01 below, the Company expects that it will begin to earn revenue and incur expenses under the agreement during the third quarter of 2015, and according, has included the material terms of the distribution agreement in this report.

 

Item 8.01 Other Events.

 

On June 26, 2015, the Company issued a press release, announcing that it is teaming up with simplyME Distribution to provide its programming, which is supported by national branded advertisers, to cable households through cable television providers Comcast, Dish Network and Verizon FiOS. The Company also announced in the press release that it has significantly expanded its cable reach from 10 million cable households to 27.5 million cable households. A copy of the press release is attached hereto as Exhibit 99.1. For a more detailed description of the Company’s agreement with simplyMe, please see the disclosure under Item 1.01 above.

 

Item 9.01 Financial Statements and Exhibits.

 

d) Exhibits

 

The following is filed as an exhibit to this Current Report on Form 8-K.

 

Exhibit No.		Description
99.1		Press release issued by the Company on June 26, 2015

 

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

	Zonzia Media, Inc.
Date: June 26, 2016	By:	/s/ Myles A. Pressey III
		Name: Myles A. Pressey III Title: Chairman of the Board of Directors

 

 

 

 

 

 

 

 

INDEX TO EXHIBITS

 

Exhibit No.		Description
99.1		Press release issued by the Company on June 26, 2015

Exhibit 99.1

 

 

Zonzia Media Announces Its Expansion Into 27 Million Cable Households

 

OTT streaming media company Zonzia Media Inc. teams with simplyME Distribution to expand its programming into 27.5 million cable households

 

LOS ANGELES – June 26, 2015 – ZONZIA MEDIA, Inc. (ZONX), a new over-the-top (OTT) streaming media company, today announced that it has significantly expanded its cable reach from 10 million cable households to 27.5 million cable households.

 

Zonzia is teaming up with simplyME Distribution to provide its programming, which is supported by national branded advertisers, to cable households through cable television providers Comcast, Dish Network and Verizon FiOS.

 

Zonzia currently has over 30 hours of programming and is in the process of ramping up its programming efforts which will expand to approximately 90 hours of content in the fourth quarter of this year. Correspondingly, Zonzia is also looking to significantly expand its number of Video-On-Demand (VOD) cable households in Q4 2015.

 

Through their partnership, Zonzia and simplyME have already secured major nationally branded advertising partners in support of their programming and will continue to bring on board new national advertisers in the coming months. With its current ad partners, Zonzia believes it will report revenue from these advertisers in the 3^rd quarter of this year. With the anticipated addition of new advertisers, Zonzia expects to recognize a growth in revenue in conjunction with its ongoing programming efforts.

 

Zonzia and simplyME will be working closely together to identify and implement distinctive distribution growth strategies capitalizing on Zonzia’s unique and expanding programming library which will encompass original programming, TV series and movies.

 

About simplyME Distribution

simplyME Distribution is a media distributor dedicated to the needs of independent content providers in extending their value propositions over such names as Dish Network, Verizon FiOS, Comcast and independent TV stations nationally.

 

About Zonzia Media

ZONZIA MEDIA, Inc. (ZONX) is an over-the-top (OTT) streaming media company that delivers entertainment content to consumers.  Zonzia distributes original programming, TV series, movies, independent films, documentaries, and live events through its subscription video-on-demand (SVOD) hybrid channel which will be accessible over most connected devices.  Zonzia has secured VOD carriage across Comcast, Dish Network and Verizon FiOS currently reaching 27.5 million homes. The Zonzia channel will also be available in hotel rooms across the U.S. For more information, please visit www.zonzia.com.

 

FORWARD-LOOKING STATEMENTS

 

This press release contains forward-looking statements, including, but not limited to statements regarding Zonzia Media Inc. and their strategies, plans, programming and other products, and revenue projections. Forward-looking statements may be identified by the use of the words "anticipates," "expects," "plans," "will," "believes," "estimates," and similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Zonzia's filings with the Securities and Exchange Commission, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Zonzia Media Inc. undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.