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NEWSnet will invest $50 million in new studios and 24/7 news content solutions for operators

LA VEGAS, April 20, 2022 /PRNewswire/ — NEWSnet, the 24/7 news channel focusing on headlines, announced today that it will invest heavily to propel the network forward and provide solutions that better meet the financial needs of broadcasters and operators. NEWSnet exhibits for the first time at the annual convention of the National Association of Broadcasters (NAB) in Vegas this week.

NEWSnet was recently purchased by Manoj Bhargava, founder of 5-hour ENERGY® and the major shareholder of Gray Television. For NEWSnet, Bhargava has set aside a supplement $50 million investment for content creation and production. Founder Eric Wotila remains president and co-owner.

In addition to showcasing its 24/7 news product, NEWSnet will unveil its latest turnkey weather solutions for broadcasters during NAB, an innovative and cost-effective solution for stations’ local weather needs.

  • NEWSnet 24 hours a day – is available to both over-the-air broadcasters (OTAs) and multi-channel video programming distributors (MVPDs), now offers a range of cost-effective solutions that give NEWSnet an edge by delivering high-quality 24-hour news, using an innovative barter solution.
  • Weather provides OTA stations with turnkey localized forecasts presented by the network’s weather team, delivered ready to broadcast in station news bulletins, reduce the meteorological costs of an OTA station.
  • Custom Newsroom Solutions – localized newscast solutions for stations that need a a profitable and quality local newscast for all markets.

“Have NEWSnet in your OTA or overdone (OTT) the range of channels helps attract and retain viewers, and can lower your costs and improve your bottom line,” said Eric WotilaPresident of NEWSnet.

NEWSnet recently began construction of additional studios at Farmington Hills, Michiganwith the intention of significantly expanding its news team.

NEWSnet is the first 24/7 news channel available in both OTA and OTT streaming. This revolutionary concept allows viewers to consume news at any time of the day, whether or not they have cable. NEWSnet is available OTA in nearly 60 markets nationwide and online via fuboTV, Roku, Amazon Fire, Apple TV and mobile apps.

NEWSnet will be exhibiting every day of the NAB conference at booth C2228.

SOURCE NEWSnet