A visit to the newly designed PunchTV website (see below) might indicate that it is. After a nasty and bitter breakup, what better way to get back at ” The X” than to beat them at their own game.
It appears that in the brief relationship between Steven Samblis and Joseph Collins, Collins taught Samblis a little bit of how to start and operate a television broadcast company, so its only reasonable to assume that Samblis taught Collins a little bit of how to start and run a publically traded company.
Won’t that be a hoot if Collins takes his company public and competes head to head with Samblis ! Its fun to speculate who would come out on top. Lets see… Collins has been at it much longer. Collins has all the infrastructure in place. Collins has years of contacts to call on. Collins is currently broadcasting. Collins currently has advertisers. Collins has a niche audience. AND… Collins has a brand new reason to crush his newest competition.
Now, put the above up against a new company, with a name that will be lost in the mix of the vast number of other companies trading off the “VU” (View) terminology (and there are even one or more Television broadcast companies with that name already). A company that has yet to broadcast its first show on the new network. A company that really all it has is an idea, and some limited knowledge gained from a short relationship that turned sour. In addition to the reasons stated publically for the breakup… could there also have been tension building with differences in creative direction? If so, it will be interesting to see which creative ideas will be successful.
So.. even IF PunchTV stays private, it will be interesting to watch these 2 companies battle it out for viewers (and advertising dollars), and interesting to see which creative design wins out in the long run.
PunchTV appears to continue to operate as usual, in fact one might not know there was an issue, however VU Television Network (still IC Punch Media) appears to be struggling to get off the ground. PunchTV has completely revamped its website, while VU is still displaying default template content on its new website. PunchTV has a full roster of shows, while VU has announced only 5.
We don’t know folks… the underdog could pull it out… but he sure has his work cut out for himself. The ultimate show of investor confidence will be in the PPS. IF PunchTV goes public, keeping score will be easy. We suspect a PunchTV IPO will launch at a higher PPS than the current PPS of VU, which as of this writing is .0017.
Would YOU invest in PunchTV if it went public?