Baltimore, Maryland—Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has released a new research report on WhereverTV Broadcasting Corp. (OTC – TVTV), an emerging leader in the fast-growing over-the-top (OTT) industry. The report carries a rating and a price target. To view the new research report, along with disclosures and disclaimers, or to download them in their entirety, please visit www.GoldmanResearch.com.
With 6 subscription packages and over 140 channels in multiple languages from the U.S. and around the world, WhereverTV is a next generation subscription television service providing consumers with live and linear streaming, genre specific content delivered to anywhere in the world, and through any internet-enabled device. This lower cost alternative to traditional service providers delivers content through the Internet via WhereverTV’s innovative over the top (OTT) platform, with channel management controlled by the Company’s patented Interactive Program Guide (IPG) technology.
In the Opportunity Research report, analyst Rob Goldman discusses the Company’s current low valuation relative to its peers, and the opportunity that lies therein.
Goldman noted, “WhereverTV appears poised to change the way consumers across the globe access and watch live television and video programming. The Company is leveraging the fast-growing OTT (over the top) platform approach and a unique, proprietary Global Interactive Program Guide to emerge as a leader in the Internet TV market. Industry estimates suggest that the OTT market will grow from $28B in 2015 to $62B in 2020. Drivers include the migration of consumers away from traditional cable and satellite providers (cord-cutters) and toward the access and viewing of video programming on multiple Internet-enabled devices.”
According to Goldman, “In our view, meaningful future value is primed to be unlocked in TVTV shares. For example, the Company’s broad patent award for its IPG may mean that major cable and satellite TV (and other) providers are infringing on WhereverTV’s intellectual property through their service offerings to 100 million+ customers. We believe that TVTV will elect to enforce its patent rights which could result in hefty, multi-million dollar settlements or payments. Plus, we believe that the Company will garner a critical mass of paid subscribers beginning later this year with the advent of valuable, sought-after content and other initiatives.”
“Leveraging the huge growth of the OTT space with its innovative content acquisition and delivery approach, and combined with the unlocking of the patent’s hidden value via enforcement news and progress should drive these news-driven shares toward valuations enjoyed by industry leaders. Plus, Goldman also noted that WhereverTV could emerge as a takeover candidate, as an acquirer could own valuable IP and a loyal customer base with limited competition,” concluded Goldman.
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This press release contains excerpts of our most recently published company research report alert on WhereverTV Broadcasting Corp. which carries a rating and a price target. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from WhereverTV Broadcasting Corp. (“the Company”) authorized press releases or legal disclosures made in its filings with the U.S. Securities and Exchange Commission http://www.sec.gov.
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About WhereverTV Broadcasting Corp.: Founded in 2007, WhereverTV Broadcasting Corp (OTC – TVTV) is the next generation subscription television service providing consumers with live-streaming, genre-specific, and in-language viewing choices from around the world, delivered to anywhere in the world, and through any internet enabled device. Programming is identical to existing broadcast and distribution providers with the only differences being that the broadcast signals are accessed through the internet via an over the top (OTT) platform, and channel management is handled by company’s patented Interactive Program Guide (IPG) technology. WhereverTV provides an economically beneficial and completely versatile alternative to traditional cable and satellite services, with the added benefits of personalization and portability.
Also known as Internet TV, WhereverTV delivers these same channels, shows and events to SmartTVs and digital media receivers including: GoogleTV, AppleTV, Roku, Amazon Fire TV, iPhone, iPad, iPod Touch, Droid Smartphone, and TabletPCs. The WhereverTV platform enables subscribers to access licensed and free-to-air content across these devices with the IPG across unlimited geographies, and wherever there is internet connectivity. The customer viewing experiences are based on customer location (geo-targeting) and content-rights management (subscriptions). Current in-language subscription offerings include Arabic TV, French TV, Italian TV, and Moroccan TV. Current genre specific subscriptions include NEWS channels, faith based channels and more. Apps are presently available for free in App Stores for iOS (Apple), Android and Amazon Fire TV devices. DVR functionality to record your shows and view later is presently in the works. Licensed US TV content subscriptions will be available in 2017.
For more information, please visit www.Wherever.tv.
Goldman Small Cap Research
Rob Goldman, Analyst