Channel One Networks Estimates Value at 2 Billion Dollars

According to Channel One Networks, the Boulder Colorado based company is worth an estimated 2 billion dollars and is still growing.

Boulder, CO, October 03, 2009 --(PR.com)-- Channel One Networks LLC announced today that the Boulder Colorado based company is worth an estimated two billion dollars and is still growing. This financial estimate comes after the release of news reporting that rapidly growing startup social networking service is valuated at $1 billion. The difference between many startup companies and Channel One Networks is that the Boulder Colorado based company has a proven revenue stream that will be implemented in cities across the country and in countries around the world.

According to Channel One Networks, the network has built channels in every small, medium and large cities in the world. www.theworldchannel1.com Several American cities are the working financial models. Sales projections for internet television operations in Paris, New York, Los Angeles, and Beijing are over 10 million dollars each. Smaller cites such are Key West Florida are rated a one million dollars annually. The cost of internet television operations are 1/50th of broadcast and cable networks. Channel One Networks has pioneered cost reduction, sales-efficiency and universal programming that is profitable. This is a company that is poised to save now leading companies from financial ruin.

The implementation of such models is a proven means of substantial revenue and content driven programming that is often missing by video sharing sites such as YouTube and Vimeo. The fact that such sites cannot produce enough revenue is directly related to the implementation of revenue models that fail to produce results. Channel One Networks has adopted a funding and sponsor based revenue model that is easily adoptable in any state or country around the world.

In the past Channel One Networks has refused venture funding and continues to be a profitable and self-sustaining business that has been in development for over ten years. The company is profitable and cost effective, with local offices, sales departments, and video production staff and talent.

About Channel One Networks:
Channel One Networks was founded by Jann Scott, a Boulder tech mogul with decades of experience in internet, television, print, video and radio news broadcasting. In 2005 his company created and soft launched The World Channels. Scott then created an entire satellite system of TV channels online. Channel One Networks is internet only television designed for the local community, however through national media partnerships, weekly shows are aired on traditional television. The staff is a mix of seasoned advertising media types and young hip designers. Channel One Networks relies on sound financial and production models that utilize the unique and upcoming social platform of internet television. For more information please visit, http://www.boulderchannel1.com

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Contact
Channel One Networks LLC
Gabe Lee
303-447-8531
http://www.boulderchannel1.com
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