Joshua Davis

Lexington Park, MD (USA)
Role(s):
Founder/Owner/Principal

TheBayNet.com, Inc.

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Location: Lexington Park
Industry: Media
Year Founded: 2005
Number Employees: 1-10 people
Business Stage: Growth (profitable)
Entity Type: "C" Corporation
Description: CNN for Suburbia The Online Hyper Local News Model Founder: Joshua M. Davis (URL removed), Inc. (6 years operating) is the answer to the $100 billion untapped hyper-local news market, in which print media is all but dead. (URL removed) (TBN) is a news, multimedia and information site who’s proof-of-concept is described as CNN for Southern Maryland. TBN’s differentiates by it’s integration into key local industries, such as chamber of commerces, real estate associations and funeral homes. Breaking news video is delivered via iPhones, instead of satellite news vans. Traffic is delivered from UAV controlled blimps, not news helicopters. We have live 24/7 breaking news streams delivered via police scanners. Each day TBN might pump out 25 fresh local news stories a day and has a monthly audience of over 300,000 unique visitors, which is larger than our news coverage area. Last month, TBN clocked over 90 million hits and are honored to have 60 local advertisers spending an average of $690 per month with at least a 3 month contract. Over the past 5 years, $2 million in revenue has been brought in. Per Capita, the county where our office is has more local media sources than any other place in the U.S.A. and yet we have climbed to the number one place to go. I, Josh Davis the founder, have 10 years of experience in local online media. My chief programmer, Matt Dumas, has over 15 years in programming web languages. With the proper investment, (URL removed) 3.0 will happen and have more capability and duplicability than the HuffingtonPost or the real (URL removed). The investment I’m seeking is an amount of $2.8 million that will allow me to span six markets within 6 months and fully fund the development of the five low power television licenses I also hold. This will provide assets that have a proven worth of about $3.5 million, which may help secure any investment fears.