SOURCE: World Inspirational Network
November 17, 2010 08:30 ET
World Inspirational Network (WIN) Delivers a Completely New Way of God Reaching the World
MIAMI, FL--(Marketwire - November 17, 2010) - Media Tycoon Michael Jay Solomon partners up with Italian Financier Luca Longobardi to create World Inspirational Network. WIN consists of live streaming technology via a wireless HD set-top box connected to your internet and TV screen (IPTV), which enables the Evangelical community (100 million in the U.S.) to watch the message of pastors on demand. WIN will allow pastors to deliver their messages anywhere in the U.S. or any other place in the world. WIN is becoming the largest aggregator of inspirational cable and satellite channels, embedding major networks like TBN and Olympusat. The award-winning Contemporary Christian artist, Carman that has received 15 gold and platinum albums and has sold over 10 million records, is the main testimonial for WIN.
"The company invested 15 million USD in the technology, we are in the process of raising additional capital, to make WIN the number one choice of Christian and Inspirational content," Luca Longobardi said.
Michael Jay Solomon was the founder of Telepictures Corporation, the largest US television syndication company, merged eventually with Lorimar, becoming Lorimar Telepictures, the largest Television production and distribution company in the world, producing TV series such as Dallas, Falcon Crest, Knot's Landing. Lorimar was acquired by Warner Bros, of which Solomon became the President of the international division. He has served on the Board of the Stern School of Business of New York University for 22 years.
Luca Longobardi is an Investment banker, a private equity investor and Venture Capitalist. He is the founder and CEO of State Capital, a leading independent Merchant bank with offices in USA and Brazil, focused on providing financial advice about significant mergers, acquisitions, restructuring, financing, capital raising, and private equity. With over 17 years of experience in the Financial market, in the course of which he has participated in a plethora of transactions. As a venture capitalist Longobardi has invested in more than a dozen tech startups, in companies like Yestodate.com, Discoverypets.com, DrKoopon.com, Tellfree, Fonet. Prior to State Capital, Luca Longobardi was an alumnus, Vice President of Ladenburg Thalmann & Co in New York, one of the oldest Investment banks in the world, home of Financiers and Corporate Raiders like Bennett LeBow, Carl Icahn and David Dreman.