TV Channels Network (TVCN) is an entertainment media company that acquires and licenses rights to video concert recordings, radio shows, and audio music catalogs. Revenue is intended to come from third-party licensing deals with upfront advance payments, pay-per-view subscription platforms, direct-response television sales, and a video-on-demand streaming channel. The company holds rights to 50 to 100 radio shows produced in conjunction with the PBS On Tour concert series, approximately 10,000 audio songs across multiple genres produced by CEO Darryl Payne, and the Legends of Classic Soul DVD series, which carries an average consumer order value of $199.00 per order. As of the 10-K filed 2026-04-10, the company has approximately 20 acquisition deals pending, contingent on full completion of funding. TVCN has applied to list its common stock on the Nasdaq Capital Market under the ticker TVCN, though approval had not been granted as of the filing date. Darryl Payne controls a majority of voting shares, making TVCN a controlled company under Nasdaq listing rules.

Revenue model

Licensing fees with upfront advance payments from third-party licensees; pay-per-view subscription platform fees; direct-response TV sales of DVD box sets (average order $199.00); and video-on-demand streaming. Artist revenue-sharing deals are planned for new contracts. The company intends to seek PRO licensing agreements for music distribution rights.

Products and services

PBS On Tour concert series (50 to 100 radio shows, rights held by TVCN); Legends of Classic Soul DVD box sets and HD concert recordings (filming began 2005); approximately 10,000 audio songs spanning pop, dance, jazz, blues, country, R&B, classic soul, and rock and roll; live pre-recorded video concerts in dance music and R&B/urban genres available via video-on-demand; cloud-based audio/video distribution platform; NetCom.TV programming packages under a five-year dealer agreement signed November 5, 2022.

Customers and end markets

Consumers purchasing DVD box sets via direct-response television; streaming subscribers via pay-per-view and video-on-demand channels; third-party companies licensing video concert and radio show content. End markets include classic soul, R&B, dance music, and multi-genre music entertainment fans.

Value-chain role

Content rights holder and licensor. TVCN acquires perpetual or long-term rights to recorded concert and audio content, then distributes and licenses that content to third parties and directly to consumers through its own streaming and direct-response TV channels. The company entered a Network Communications Dealer Agreement with NetCom.TV on November 5, 2022 to distribute programming packages.

Geographic exposure

The filing references worldwide distribution intentions and streaming into various territories, but no specific geographic revenue breakdown is disclosed in the excerpts.

Source: SEC 10-K, filed 2026-04-10

Industry: Communications Services, NEC