Guy Williams
Las Vegas, NV (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Christian Media Associates International, Inc. DBA Keen-17 TV
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Startup
Location:
Henderson
Industry:
Media
Year Founded:
2009
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
"C" Corporation
Description:
Christian Media Associates International, Inc. (CMAI) is a Las Vegas-based for-profit media company doing business locally as "Keen-17 TV" that uses the culture-changing power of media to provide values-based, family-oriented broadcast television programming to the greater Las Vegas valley. It is also dedicated to the development of quality programming suitable for national broadcasting and streaming over the Internet.
CMAI intends to collaborate with the top Christian influencers to build a media company that serves as a “for benefit” example for businesses, non-profits and community leaders; by harnessing the culture-shaping tool of “television” to transform culture and improve the quality of family life in our community. The byproduct of this focus will produce profit for our investors and will pave the path for rapid national expansion.
CMAI recently acquired Keen-17 TV, a local Class A Low Power television (LPTV) station from The Total Living Network of Chicago for $350,000. The Company recently executed a carriage agreement with the local cable company (Cox Communications) that will expand coverage from 50,000 to 550,000 households. We have received a valuation of the station from Burt Sherwood and Associates, valuing the station between $3-3.5 M, which is ten times the recent purchase price.
We are raising $500,000 to cover operating expenses and capital improvements needed to transition Keen-17 TV's operation from a satellite non-profit to a for-profit commercial station with full broadcast capability.