FLM.TV's Pay-Per-View VOD Site for Indie Filmmakers, Festivals and
Distributors Receives Third Round of Private Funding
With Hulu's Reported $695m in Revenue Investors See New Venture Opportunities
With VOD Companies Such as FLM.TV
AUSTIN, Texas, Feb. 21, 2013 (GLOBE NEWSWIRE) -- FLM.TV ™, the industry's
newest pay-per-view VOD site that provides a free online video-streaming
platform for indie filmmakers, festivals and distributors, announced that they
have received a third round of funding from private investors.
FLM.TV is changing the way indie films are marketed and made available to
viewers. The site will drive a new economy for indie filmmakers by providing
social marketing, sales and distribution, while giving viewers control of what
they want to see. FLM.TV is focused on key industry technologies to drive new
IP for a Social TV Platform model and is positioned to become an
industry-leading self-distribution site for uploading, distributing,
monetizing and viewing of independent films.
"FLM.TV is uniquely positioned to take advantage of the growing trend of
consumers moving to online streaming video and savvy investors are also
recognizing the revenue opportunities in this industry," said Diane Bernard,
President & Founder of FLM.TV. "We are focused on driving socially interactive
programming for the indie film community and believe that this market will
continue to see revenue growth with VOD companies like Hulu, Netflix,
GoogleTV, Amazon Instant Video and AppleTV. This is clearly a winning
combination and great opportunity for FLM.TV."
As content becomes easier and quicker to download, consumers are moving from
DVDs to streaming films and television programs from the Internet. For
example, Netflix, beating their own projections last month, announced record
27.15 million customers for their streaming service. And Hulu's revenues
climbed 65% in 2012 alone.
FLM.TV is a privately funded company and the industry's newest pay-per-view
VOD site. It provides an online video streaming platform for indie filmmakers,
festivals and distributors to showcase their work to a worldwide viewing
audience. The site was designed to provide free distribution service to
filmmakers. Distribution is available for distributors and festivals for
marketing and sales of FLM.TV's VOD services. To learn more please visit our
Website at www.flm.tv.
FLM.TV is a trademark of FLM.TV. Other trademarks mentioned are the property
of their respective owners.
CONTACT: Media Contact:
Bernard Group Communications
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