BEVERLY HILLS, CA--(Marketwired - October 31, 2016) - FOTV Media Networks Inc. (proposed NasdaqCM symbol: FOTV) today announced that the FOTV Channel will be available on Roku® players and Roku TVs ™ in the U.S. starting October 27. Roku users around the world will now have access to FOTV's OTT app, which features both LIVE TV and ON DEMAND sections. FOTV's On-Demand offerings are available for free and are ad supported, as are most of the live and linear channels.
The FOTV channel will be available on Roku streaming players, the Roku Streaming Stick® and Roku TV models. The FOTV application is also available on iOS and Android devices, and is preloaded on every PC made by Lenovo. FilmOn.com Pay-TV subscribers can access additional live Pay TV channels from this app when they are logged into the channel on Roku.
"The FOTV Channel brings a rich library of on-demand and live content to Roku users," said Alki David, Founder and CEO of FOTV Media Networks Inc. "By partnering with Roku, we're able to extend the potential reach of our ad supported programming, which includes hundreds of channels across sports, news, movies, and music, as well as our patented hologram content to millions of Roku devices."
Bringing this new FOTV channel to Roku users is a natural extension that leverages existing internal resources and adds to the entertainment offering on Roku. FOTV Media Networks already has a strong presence on the Roku platform through its subsidiary OVGuide, which powers over 20 ad-supported Roku channels. All advertising for those existing channels is managed by the FOTV Media Networks Ad Operations Team.
The new FOTV channel capitalizes on linear viewing, allowing users to simply tune to a channel, sit back and enjoy their programs. The frustrations of hunting around for a specific movie or TV show to watch becomes a thing of the past with the FOTV Channel.
FOTV Media Networks, which includes FilmOn.TV Networks Inc., CinemaNow LLC, OVGuide Inc. and Hologram USA FOTV Productions Inc., has filed registration statements for an initial public offering with the Securities and Exchange Commission. It expects the offering to close on or before November 11, 2016 and that it will begin trading on the Nasdaq Capital Market under the symbol "FOTV" shortly after closing. A prospectus is available for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, the company will arrange to send you the prospectus after filing if you request it by filling out the form on the website or calling toll-free 888 FOTV NOW (888 368 8669)
About FOTV Media Networks:
FOTV Media Networks Inc. is a fast growing group of interrelated digital media companies which produces hologram, virtual reality, 360 and premium Hollywood content globally with an over-the-top ("OTT") audience of more than 75 million monthly unique users, who consume live and on-demand movies and television, music videos, audio content and social television programming. FOTV was founded by media entrepreneur Alkiviades(Alki) David in 2007 and launched its streaming video site in the United Kingdom in 2009 and in the United States in 2010. FOTV manages its worldwide business from two central offices located in Beverly Hills, California and London, England. For more information, please visit http://fotv.filmon.com.
Cautionary Note About Forward-Looking Statements
Certain matters discussed in this press release are forward-looking statements. FOTV has based these forward-looking statements on its current expectations and projections about future events. Nevertheless, these forward-looking statements are subject to risks, uncertainties and assumptions about FOTV's operations and the investments it makes, including, among others, factors discussed under the heading "Risk Factors" in FOTV's registration statement, as well as changes in the internet streaming and on-demand video market, continued litigation risks, federal, state and foreign regulatory matters, and competition, not only in the internet streaming video market, but also for traditional television and online entertainment generally. Consequently, no representation or warranty can be given that the estimates, opinions or assumptions made in or referenced by this press release will prove to be accurate. We caution you that the forward-looking statements in this press release are only estimates and predictions, or statements or current intent. Actual results or outcomes, or actions that we ultimately undertake, could differ materially from those anticipated in the forward-looking statements due to risks, uncertainties or actual events differing from the assumptions underlying these statements.
Roku and Streaming Stick are registered trademarks and Roku TV is a trademark of Roku, Inc. in the U.S. and in other countries.