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May 24, 2015 5:42 AM ET

Media

Company Overview of Real Hip Hop Network Broadcast Corporation

Company Overview

Real Hip Hop Network Broadcast Corporation operates a television broadcasting network for hip hop programs. The company was incorporated in 2007 and is based in Washington, District of Columbia.

1020 19th Street NW

Suite 525

Washington, DC 20736

United States

Founded in 2007

Phone:

202-379-3115

Key Executives for Real Hip Hop Network Broadcast Corporation

Real Hip Hop Network Broadcast Corporation does not have any Key Executives recorded.

Real Hip Hop Network Broadcast Corporation Key Developments

The Real Hip-Hop Network, Inc. Enters into Second Amended Licensing Agreement with Real Hip-Hop Network Broadcast Corporation

On October 23, 2013, The Real hip-Hop Network Inc. entered into a second amended Licensing Agreement with Real Hip-Hop Network Broadcast Corporation (Licensor of the company's media and technology). Pursuant to which there has been clarification in section 3.1 as to the new effect date of the agreement being August 15, 2013. The company is required to raise at least $500,000 for its future development before August 15, 2014, raise at least $500,000 for its future deployment before August 15, 2015, and raise at least One Million Dollars $1,000,000 for its future deployment before August 15, 2016 equaling the minimum funding requirement of $2,000,000 for the deployment of its content distribution over the next three years or the company will lose rights to the media content and distribution platforms. Additionally, under the same terms as the August 15, 2011 Licensing Agreement the company will shall pay Licensor a royalty of 0.025% of all gross revenues resulting from the use of the Technology by Licensee and if the technology is sub-licensed form the company, the company shall pay Licensor a 1% royalty except as otherwise modified in writing. Through the License Agreement the company was assigned contracts with DirecTV and DISH Network which are intended to allow the company to launch commercially to a viewership of an estimated 32 million subscribers.

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