FBN, Inc. (Foisi Broadcasting Network) | Application Preview
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General Information
Business Registration Number: FBN, Inc. (Foisi Broadcasting Network)
Location: New York, NY, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
Hire a marketing developer to meet with major US and European advertising companies that advertise in Africa and convince them to advertize on our new and upcoming Pan African Broadcast Television Network (FBN, Inc.). Currenty these companies advertize in each of the 49 sub-Saharan African countires, spending an overwhelming amount. With the arrival of FBN, Inc, (One-Stop-Shop) they will only put on a 60 second commercial on FBN and it will be seen in all 49 sub-Saharan African countries. This individual will also meet with major TV content producers in the US to develop business opportunities where we will acquire their content while we sell our African produced content to them.
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Business Plan
We will team up with Major advertising agencies who will advertize on our Network to raise funds from investors. With our Television Licences acquired in Nigeria (Africa's largest market) we will start broadcasting in Nigeria, then from New York, we will grow into other African markets. - Favorable population dynamics - 1 in 4 people in the world are forecasted to be Sub-Saharan African in 2050 - Production of quality Afrocentric content favored by African viewers - Internet penetration in SSA has grown tenfold since the early 2000s, outpacing the rest of the world - Led by a world class management team, backed by media experts with experience in leading companies such as News Corp, ABC Inc., and Central European Media Enterprises - Primed to disrupt the SSA media market and by Year 5 is projected to generate $336m in revenue and $226m in EBIT - Potential targeted advertisers who are currently advertising in Africa, include global companies such as FedEx, Coca-Cola, P&G, Google, Visa, Unilever, Samsung, Amazon, KFC, Apple and more Attached is a company Pitch Deck to give you some insights on FBN
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Self Identified Competition
DStv, Canal Plus Competitors are Subscription television while we are Free to Air. Most Africans cannot afford subscription television, but with our quality content, they will be attracted to FBN which is supported by advertizing.
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Contact Applicant
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