Michael Gerrity, a veteran media and real estate technology entrepreneur, announced this week the expansion of his global real estate streaming platform, WORLD PROPERTY CHANNEL TV (WPC TV), ahead of its anticipated launch in 2025. The platform plans to offer 6-8 hours of original daily programming, focusing on real estate markets and industry sectors, with reports from markets worldwide. WPC TV's content will include wrap-up reports from multiple property markets globally, delivered from its future broadcast center in Miami, with satellite studios in Los Angeles and New York City.
In addition to daily news segments, WPC TV will license an extensive library of real estate-focused entertainment, educational content, and lifestyle programming. This will include home buying and selling series, DIY shows, industry documentaries, home improvement, gardening, decorating, and travel series. Subscribers will have access to this on-demand programming via the platform's app and smart TVs, starting from the launch date.
Gerrity highlighted the timing of the platform's launch, stating, "With the rise of streaming services like Netflix, Amazon Prime, and Disney+ and the decline of traditional cable TV, the time is right for a dedicated niche streaming service tailored to the global real estate industry."
WPC TV is part of World Property Media, the Miami-based parent company, which owns and operates a range of real estate news, streaming, and data platforms worldwide. To fund its growth, the company is preparing for a major funding round in early 2025 through a joint-venture REG-D private offering, which will help expand its global portfolio.
Gerrity concluded, "Our goal is to evolve WPC TV into the 'Netflix of Real Estate,' offering high-quality content and building a global subscriber base in the tens of millions."