CBMJ's Patriot.TV and 220 Enterprises Ignite Equity Partnership to Power Expanded Next-Generation Media Platform

Rhea-AI Summary

Conservative Broadcast Media & Journalism (OTC PINK:CBMJ) has announced a significant equity partnership between its subsidiary Patriot.TV and 220 Enterprises, LP. Under the agreement, 220 Enterprises acquires a 40% equity stake in Patriot.TV. This partnership follows a successful restructuring that reduced CBMJ's debt by 45%.

Patriot.TV operates as a next-generation media platform offering real-time daily news feeds and expanded programming. The platform utilizes a multi-platform distribution strategy across Patriot.TV, Rumble, Truth Social, X, and Roku. Revenue generation is driven through sponsorships, targeted advertising, affiliate partnerships, and a new membership program.

Positive

• Debt reduction of 45% through restructuring
• Strategic partnership with 220 Enterprises acquiring 40% equity stake
• Diversified revenue streams through multiple channels
• Multi-platform distribution strategy across major platforms

Negative

• Dilution of ownership with 40% equity transfer to 220 Enterprises

ATLANTA, GA / ACCESS Newswire / June 24, 2025 / Patriot.TV, a subsidiary of Conservative Broadcast Media & Journalism (OTC PINK:CBMJ) following a restructuring that reduced CBMJ's debt by approximately 45%, Patriot.TV has partnered with Texas based 220 Enterprises, LP. The agreement is structured as an equity partnership whereby 220 Enterprises, LP, is now a 40% equity partner in Patriot.TV.

"We are thrilled to join forces with a highly experienced investment firm as we embark on the next chapter of Patriot.TV," stated CBMJ CEO Mark Schaftlein. "Together, we're building a premier platform where users can immerse themselves in exceptional written and video content, setting a new standard for digital engagement. Patriot.TV stands out as a bold and innovative brand at a time when audiences are seeking trustworthy and engaging alternatives in a fragmented media landscape. We are excited to partner with 220 Enterprises, LP and leverage our combined strengths to seize new growth opportunities, build deeper connections with viewers, and drive meaningful impact in the evolving world of conservative digital media. This collaboration positions us at the forefront of change, and we are confident that together we can set new standards for excellence and audience engagement."

Patriot.TV is a cutting-edge media platform, now featuring real-time daily news feeds and an expanded lineup of compelling programming. Leveraging a powerful multi-platform distribution strategy, Patriot.TV reaches audiences across Patriot.TV, Rumble, Truth Social, X, Roku, and more. This next-generation platform drives revenue growth through a diverse model including sponsorships, targeted advertising, affiliate partnerships, and a new membership program.

About Patriot.TV: Patriot.TV is a leading media broadcast platform owned 60% by CBMJ and 40% by 220 Enterprises, LP dedicated to providing cutting-edge, informative content across television, radio, and online platforms. With a focus on truth, freedom, and empowering narratives, Patriot.TV is at the forefront of shaping the future of media consumption. Visit www.patriot.tv for more information.

About CBMJ: (OTC PINK:CBMJ) Conservative Broadcast Media and Journalism is a publicly traded media and web-based Patriot Company.

Forward-Looking Statements: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the company's actual results to differ materially.

Mark Schaftlein
877-704-6773

SOURCE: Conservative Broadcast Media & Journalism, Inc.

View the original press release on ACCESS Newswire

FAQ

What is the equity partnership between CBMJ's Patriot.TV and 220 Enterprises?

220 Enterprises, LP has acquired a 40% equity stake in Patriot.TV, CBMJ's subsidiary, forming a strategic partnership to expand their next-generation media platform.

How much debt did CBMJ reduce through its restructuring?

CBMJ successfully reduced its debt by approximately 45% through its restructuring efforts.

What platforms does Patriot.TV use for content distribution?

Patriot.TV distributes content across multiple platforms including Patriot.TV, Rumble, Truth Social, X, and Roku.

How does Patriot.TV generate revenue?

Patriot.TV generates revenue through multiple streams including sponsorships, targeted advertising, affiliate partnerships, and a new membership program.