TV Worldwide Internet TV Channel, Maritime TV, Receives Strategic Investment for New Program Development and Expansion

ALCC, Inc., Pension Plan Trust Makes Strategic Investment as Maritime TV Audience Grows Rapidly Through Summer with New Program Production, Industry Event Coverage.


Washington D.C., Sept. 13, 2012 (GLOBE NEWSWIRE) -- TV Worldwide, (www.TVWorldwide.com), a pioneering web-based global TV network since 1999, announced that one of its subsidiary Internet TV Channels, Maritime TV, (www.MaritimeTV.com), has received a strategic investment from the ALCC, Inc. Pension Plan Trust. TV Worldwide added that the investment proceeds would be used to fund the development of new programming in an expanding live and on-demand content line-up as well as in channel infrastructure development, worldwide. Additionally, new personnel will be added to the Maritime TV management team.
 
"We're pleased to utilize this strategic investment to expand our Maritime TV program offerings at a time when the maritime industry worldwide is at a critical juncture on many fronts, from piracy and environmental regulations to training and finance," stated Dave Gardy, Chairman and CEO of TV Worldwide. "Our coverage of 2012 events such as the Maritime Executive Forum on Revitalizing the Maritime Industry, the launch of our new program series, Maritime Worldwide Monthly (MWM) and the Kings Point 'Acta Non Verba' Report has been well-received in the shipping sector and the audience feedback has been very positive. These are exciting times at Maritime TV and we are quite pleased and happy with this investment position. "

TV Worldwide Management also stated that Maritime TV was preparing to announce several new content strategic partnerships and program series, both nationally and internationally, in the next few months.

About Maritime TV, a Subsidiary of TV Worldwide  

As the pioneering global Internet broadcasting and streaming media company, TV Worldwide (www.TVWorldwide.com) developed the first Internet TV network of community-based interactive channels, including Maritime TV (www.MaritimeTV.com) in 1999. Maritime TV is now the industry's pre-eminent channel for live and archived webcasts and video presentations involving the commercial and military shipping industry. Programming on Maritime TV ranges from Congressional hearings on important marine industry issues, to live interactive town hall and advocacy group meetings, to training on shipboard safety and operational fundamentals.  Maritime entertainment-based programming is also available, including the entire collection of episodes from the renowned television series, 'Victory at Sea'. Over time the channel has also evolved into a leading source of industry-specific information for media outlets in the mainstream press, such as USA Today and The Huffington Post. Maritime TV is pleased to serve this industry, so vital to the global economy, as the world's first maritime TV channel.


About TV Worldwide



Founded in 1999, TV Worldwide (www.TVworldwide.com) developed the first Internet TV network of community-based Internet TV channels, primarily targeting niche professional communities ranging from the Maritime industry to the Digital Media sector. Known by many in the industry as "Intelligent Internet TV," Fortune 500 companies, 35 government agencies, and numerous International associations, including the National Association of Broadcasters, utilize TV Worldwide's live and archived state-of-the art video streaming content applications and Internet TV channels. In recognition of the company's unique achievements in new media, TV Worldwide was selected by the National Academy of Television Arts and Sciences (NATAS) to webcast past Daytime Emmy Awards and the Emmy awards for Technology and Engineering. CEO Dave Gardy has been honored by Streaming Media Magazine in 2008 as one of the 25 Most Influential People in Streaming Media. Mr. Gardy has served as the President of the International Webcasting Association (IWA).



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