Palomar Enterprises' Subsidiary Commences Operations With $13 Million Media Company
Palomar Enterprises' Subsidiary Commences Operations With $13 Million Media Company
CARLSBAD, Calif., Oct. 9 /PRNewswire-FirstCall/ -- Palomar Enterprises (BULLETIN BOARD: PLMA) , announces their subsidiary has commenced operations with their media partner, Maximum Impact Television Group. The Company will receive 100% of the revenue and share in the profits from all media properties produced with Maximum Impact, which had annual sales of $13 million last fiscal year.
The first media property announced is AMERICA'S GOLF SHOW, which is now in final stages of production and syndication negotiation, features golf professionals providing video tips, product launches and reviews, a funniest golf videos contest, interviews, and more. The show is expected to provide best of class sponsorship and advertising opportunities. In addition to traditional sponsorship opportunities, AMERICA'S GOLF SHOW potentially enables golf product manufacturers to reach golfers with direct response sales opportunities, generating advertising revenue for The Company.
Every media property developed generates three revenue streams: the National Cable Television program, the online DVD Magazine and the DVD sales. America's Golf Show Online Video Magazine was viewed by over 1,800,000 internet visitors, making it one of the top online video shows worldwide.
From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
www.palomarenterprises.com
Source: Palomar Enterprises
CONTACT: Palomar Enterprises, +1-775-887-0670,
contact1@palomarenterprises.com
Web site: http://www.palomarenterprises.com/
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