VANCOUVER, BC, Sept. 15,
2023 /CNW/ - BBTV Holdings Inc. (TSX: BBTV) (OTCQX:
BBTVF) (the "Company"), the leading creator monetization company
with a mission to help creators become more successful, today
announced that the date of the financing factor with respect to RTL
Group's option granted to BBTV to retire its debt under the secured
convertible promissory loan note of approximately $20.4 million (as at June
30, 2023) at a discount, being that the Company have a
successful financing on or before September
15, 2023, has been extended to November 30, 2023.
About BBTV
BBTV is a global media and technology
company headquartered in Vancouver,
Canada. The Company's mission is to help content creators
become more successful. With creators ranging from individuals to
global media brands, BBTV provides comprehensive, end-to-end
Solutions to increase viewership and drive revenue powered by its
innovative technology, while allowing creators to focus on their
core competency – content creation. In December 2022, BBTV had more than 600 million
unique monthly viewers among digital platforms globally, who
consumed more than 35 billion minutes of video content [1].
(www.bbtv.com)
[1] Calculations and classifications made by BBTV based on data
from Comscore's "Top 12 Countries = December
2022 comScore Video Metrix Media Trend – Multi-Platform –
Top 100 Video Properties Report"; Top 12 countries represent ~50%
of world's digital population.
For further information please contact:
Media Relations: pr@bbtv.com
Investor Relations: ir@bbtv.com
BBTV-F
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SOURCE BBTV Holdings Inc.