World Multicast, Inc - Market Summary
In less than a decade the Internet has grown from a limited research tool to a global network consisting of hundreds of millions of computers and users. The U.S. Department of Commerce estimates that Internet traffic doubles every 100 days. Growth of the Internet is primarily attributable to its value as a low cost, open and ubiquitous platform for communications, commerce, and entertainment. WMI is now positioned as an industry leader in point to multi-point communications.
Internet meets Television:
No other webcasting entity currently satisfies the market's need for TV-type Internet viewing with worldwide 24/7/365 access. Broadcast television has set the standard for quality and the market demands that standard.
No industry participants, other than WMI, are ready to fill that need. WMI is the company that content providers, advertisers, and subscribers must look to for "Television on the Internet".
The international telecommunications pie:
Market Growth- International telecommunications in 2006 reached $1,200,000,000,000 (1 trillion, two hundred billion dollars; source: U.S. and World News)
Provided World Multicast captures 12% of this market with its groundbreaking technology, an industry standard licensing fee of 5% would yield revenues of $7,200,000,000 (seven billion two hundred million dollars).
As other companies enter the race, the television industry will experience a splintering effect as more alternative forms of programming become available and attract subscribers. Boutique channels, offering highly specialized programming, will begin to surface because the barriers of market entry are being lowered. With unlimited channel capacity, WMI provides the needed variety and selection demanded by subscribers along with the high quality required to sustain market share.