VIRGINIA BEACH, Wash., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Bravo Multinational, Inc. (OTC: BRVO) (“Bravo” or the “Company”), as part of its recently announced strategic rebranding and positioning under new ownership, is pleased to announce the Company’s plan to develop an advertising-based video streaming application, which it plans to call TVee NOW.
Grant Cramer, CEO, stated, “The future launch of TVee NOW holds immense significance within our business framework. As a fundamental part of our business, the platform is aimed to seamlessly unite every facet of our enterprise – spanning entertainment, media, hospitality, attractions, food and beverage, and beyond – through innovative marketing and distribution strategies."
TVee NOW will be free for its viewers, with the intent to align with the constantly evolving landscape of the AVOD (Advertising-based On Demand) streaming entertainment industry. The Company’s OTT (Over-The-Top) streaming platform will be designed to deliver content directly to users via the internet either from a browser or a freely downloadable app on smartphones, tablets, and smart TVs powered by iOS or Android.
Bravo's planned strategic approach for content is to first integrate partnered FAST (Free Ad-Supported TV) Channels, programmatic advertising, and a tiered revenue-sharing model. FAST Channels are also funded by advertising. If this model is completed, it will allow Bravo to bridge the gap until the Company can ultimately create its originally produced content.
The plans discussed above may change and there is no assurance that they will be realized. There are many risks associated with investing in the Company and these risks are more fully discussed in the Company’s filings with the US SEC, which we would encourage you to review at www.sec.gov.
To learn more about Bravo Multinational, please visit: https://bravomultinationalinc.com.
About Bravo Multinational, Inc.:
Bravo Multinational, Inc. (OTC: BRVO) is pursuing business ventures in the entertainment, hospitality, and technology sectors. The Company's mission is to create long-term value for its shareholders from high-growth business opportunities.
Forward-Looking Statements:
The information in this press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, which involve risks, uncertainties, and assumptions. All statements, other than statements of historical fact, including statements regarding the Company’s future performance; business strategy; future operations; estimates and projections of revenues, losses, costs, expenses, returns, cash flow, and financial position; anticipated benefits of strategic transactions (including acquisitions and divestitures); and plans and objectives of management (including plans for future cash flow from operations) are forward-looking statements. These statements also include, but are not limited to, statements regarding: the expected benefits of the proposed future plans proposed. When used in this press release, the words “aim,” “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “model,” “outlook,” “plan,” “positioned,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions (including the negative of such terms) as they relate to the Company are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Although the Company believes that the expectations and assumptions reflected in its forward-looking statements are reasonable as and when made, they involve risks and uncertainties that are difficult to predict and, in many cases, are beyond the control of the Company. Accordingly, forward-looking statements are not guarantees of future performance and their actual outcomes could differ materially from what we have expressed in our forward-looking statements.
In light of these factors, the events anticipated by the Company’s forward-looking statements may not occur at the time anticipated or at all. Moreover, the Company operates in a very competitive and rapidly changing environment and new risks emerge from time to time. The Company cannot predict all risks, nor can it assess the impact of all factors in its businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those anticipated by any forward-looking statements it may make. All forward-looking statements speak only as of the date of this press release or, if earlier, as of the date they were made. The Company disclaims any obligation to update or revise any forward-looking statements unless required by applicable law.
Contact:
Bravo Multinational, Inc.
info@bravomultinationalinc.com
757-306-6090
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/78a8a09b-f795-40f1-b5bf-795ce5f6a62f
