Tv network

Entrepreneur Matthew Mancinelli Lists 4KUniverse TV Network for Sale, Seeks $75 Million for 51% Equity

4KUniverse will engage investment banks to find a buyer as 4K Television sets have reached critical mass (50% of TV households have a 4K television) in 2020. 4K is a heavy hitter. It has been central to the adoption of larger screens, accounting for nearly two-thirds of units (233 million total TVs shipped in 2020) and reaching 76% by 2024, according to Futuresource Consulting. The trade value of the global TV market also fared relatively well, with an expected decline of just 1% for $83.7 billion.

Global installed base of smart TVs tops 1 billion barrier for first time, says Juan Villegas Leybaresearch analyst at Futuresource Consulting.

The public knows that home entertainment since the pandemic has good value. With a larger size 4K TVs now in homes, families want to watch 4K channels and 4K streaming services like 4KUniverse.

The company’s portfolio includes:

– 24 hours 4K Cable TV channel
– Direct to consumer 4K streaming service
– Worldwide satellite coverage
– Global IP delivery capability
– 4KUNIVERSE Name Trademark
– Brand of entertainment in 4K resolution
– 4K and 4K Pipeline of HDR content, to and from all territories in the world
– Matthew Mancinelli, Founder and CEO, 14 years of experience in global content distribution and member of the Television Academy
Merchandise store
– Library of movies, TV and documentaries
– Streamlined workflow
– Smart TV SVOD apps and website
– Plans of the future theme park
– Cinematic 4KUniverse Multiverse world with scenarios in development

Investor Relations: [email protected]

About 4KUniverse

Founded in 2016 by Matthew Mancinelli4KUniverse is the first American 4K HDR television network. The network consists of 24-hour general entertainment 4K Direct-to-consumer Ultra HD cable television channel and streaming service priced at $10/month. Our one-of-a-kind TV network delivers stunning visuals 4x more than HD, vibrant colors thanks to WCG (Wide Color Gamut), HDR (High Dynamic Range), and is the perfect companion for tens of millions of 4K Television is currently in American homes. 4KUniverse is a much-loved addition to the traditional cable TV package and “streaming wars”. It even has its own world, called the 4KUniverse Multiverse. This world is filled with hundreds of movie characters, storylines, heroes, villains, love interests, and wars. For more information, visit: www.4KUniverse.com

For media inquiries and interview requests for 4KUniverse, email: [email protected]
Investor Relations: [email protected]

SOURCE4KUniverse, Inc.

Related links

https://4kuniversenow.com