Q Television Secures Funding
Jul 28, 2004, 12:00 AM
Q Television, a network organized to provide gay-and lesbian-centered entertainment, has secured a loan of $1 million dollars through intermediate financing as well as an equity placement of $1 million via a private investment fund. The soon-to-be network has seemingly secured itself completely, as additional financing for the company's long-term goals as well as the legal documents to accompany those deals have been negotiated. Viewers can look forward to the 24/7 station being up and running in the near future.