Chattanooga's Luken Communications Enters Joint Venture With ValCom Entertainment Company

Tuesday, March 22, 2011 - by Judy Frank

Chattanooga-based Luken Communications has entered into a joint venture with ValCom Inc., a leading independent entertainment company, related to the operations, programming, distribution, and marketing of the My Family TV broadcast network subsidiary.

Officials said My Family TV will be part of a bundle of television networks originated and distributed by Luken from their state-of-the-art facility in Chattanooga.

The venture will allow ValCom and Luken to leverage multiple television networks when negotiating the content for My Family TV, which provides 24/7 G-rated programming, according to spokesmen.



Negotiations are already underway to obtain television programs that are expected to premiere on My Family TV throughout 2011, they said, noting that ValCom’s relationship with Luken Communications also will create additional distribution and sales opportunities for the corporation's library which includes more than 6,000 titles.

In addition, the venture will reduce overall costs at My Family TV through economies of scale that exist when multiple television networks operate within the same facility.

"We are very happy to have added another family oriented channel to our distribution, and My Family TV will enhance our growth within the family broadcast section of our business," said Henry Luken, CEO of Luken Communications, LLC.

Luken Communications has more than 130 simultaneous broadcast channels, and is the owner of Retro Television, Inc.; Retro TV II, LLC; PBJ Television, LLC; TuffTV, LLC; My Car TV, LLC and Digital Networks, LLC.

ValCom Inc., based in Clearwater, FL, is an independent entertainment company that has been in operation since 1983.

The corporation’s four divisions – live theater, broadcasting, distribution, and television and film production -- create and operate full service facilities that accommodate film, television and commercial productions.

ValCom's client list includes MGM, Paramount Pictures, Warner Bros, Disney, CBS, Sony and NBC.


June County Unemployment Rates

County unemployment rates for June show the rate increased in all 95 counties. Specific county information for June is available on the Internet; enter http://www.tn.gov/labor-wfd/labor_figures/LaborJune2014.pdf . Davidson County had the state’s lowest major metropolitan rate in June at 6.0 percent, up from 5.2 in May. Knox County was 6.3 percent in June, up from 5.3 in May. ... (click for more)

CapitalMark 2nd Quarter Earnings Remain Strong

CapitalMark Bank & Trust on Friday reported earnings for the second quarter ended June 30, 2014. Net income for the six months ended was $3.3 million, an increase of 39% from the same period in 2013. Net income per fully diluted common share increased 41% from the same six month period last year to $0.41. “CapitalMark had another quarter of strong results fueled by exceptional ... (click for more)

EPB Files With FCC To Expand TV, Phone, Internet Offerings Outside Electric Service Area

 EPB announced Thursday that it has filed a petition to the FCC "in an effort to respond to neighboring communities’ requests for access to the company’s gigabit enabled high-speed Internet service." Officials said, "EPB offers high-speed Internet access, video programming and voice services using a fiber optic communications network that allows the company to deliver these ... (click for more)

Black Creek Developers Say They "Followed The Rules" On $9 Million TIF: To Continue Project

The developers of the Black Creek project at Aetna Mountain said Thursday they "complied precisely by the rules when we applied for and received approval of the TIF district." Doug Stein said the group plans to continue on with the project, which he said earlier would include the creation of a small town on a huge undeveloped tract on the mountain above Black Creek (formerly ... (click for more)

Cell Phones And Roundabouts

I read the article written by Chris Morgan about the use of cell phones in vehicles and the Chattanooga Roundabouts. Cell phone use in vehicles especially in crisis intersection situations is extremely dangerous. I also agree with his assessment about the roundabouts. One problem I see with roundabouts is that on the two-lane roundabouts where they are coming in from ... (click for more)

Roy Exum: The NCAA’s “Division IV”

Jonathan Jensen and Brian Turner are two very smart guys. Not long ago the two sports researchers at Ohio State authored a story that appeared in the Journal of Quantitative Analysis in Sports that focused on the most successful college football teams in the country and, earlier this week, a writer named Ben Cohen broke it down in understandable terms for a fascinating Wall Street ... (click for more)