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Satview Broadband Signs Advertising Agreement
RENO, NV, Oct 06, 2011 (LevelStock.com News) -- Satview Broadband Ltd., a subsidiary of WENR Corporation (PINKSHEETS: WNRC), a cable television operator in Northern Nevada, announced it has entered into another advertisement insertion and marketing agreement with TechTV Media Inc., a subsidiary of Media Technologies Inc. Under the terms of the agreement, TechTV Media Inc. will insert advertisements in 40 channels in the Elko cable system.
Satview has been steadily increasing ad sales each month. Satview projects this change will increase the advertising revenue approximately 50% over its current gross advertisement revenue. TechTV Media had installed its equipment in Satview's cable systems in Wells and Battle Mountain, Nevada. Based upon the performance of TechTV Media, Satview expanded the ad insertion agreement to include the Elko, Nevada system.
"Currently Satview ad sales are on pace to exceed $150,000 for our first year of operation," noted Dan Green of WENR. "The agreement will also allow WENR to finance future acquisitions through positive cash flow."
TechTV Media, Inc. engages in the business of providing, installing, selling, and managing advertisement insertion systems for its clients.
Satview Broadband Ltd., headquartered in Reno, Nevada, is a wholly-owned subsidiary of WENR Corp., and has been in operation for nine years. Satview holds franchise systems in six markets with plans to expand.
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