ACADEMIA
Wikifamilies Signs Definitive Agreement with The Revelation Network
Wikifamilies and The Revelation Network this week signed a definitive revenue sharing agreement. Under the agreement, every subscriber to The Revelation Network will automatically become a subscriber to Wikifamilies with their Wikifamilies subscription being a component of their TRN.tv subscription.
The Revelation Network provides live broadcasts and on demand media together with the Wikifamilies services. All of their media is inspirational, educational and motivational - positive themes for the entire family. They present programs from individuals, producers, ministries, churches and organizations from all around the world.
Through its association with an ever increasing number of churches, TRN currently has relationships with approximately 100,000 churches with nearly 20 million congregants. These numbers continue to grow as The Revelation Network forges new associations every month.
The Revelation Network plans to go live with Wikifamilies services in early July. Wikifamilies will receive its share of subscriptions retrospectively at the end of each quarter, thus first revenues will commence in September, 2012.
Alicia Hamilton, Founder and Principal of The Revelation Network said, "We are proud to include Wikifamilies as a component of our services because we see the ability for our subscribers to have access to secure data storage and being able to share their thoughts and memories in complete privacy as a great addition. We like the Wikifamilies simplicity and ease of use with its ever increasing features."
Malcolm Hutchinson, President and CEO of Wikifamilies said, "We believe that The Revelation Network is a powerful media platform that fills a definite void for family entertainment with meaning. We love their mission and share the respect that they have for families. We have found them to be a delight to work with and are very pleased with what we are putting in place. We anticipate strong revenue growth from this partnership."