5th Avenue Channel - FAVE- Profile

5th Avenue Channel Corp.. The principal activity of the Group is to operate: retail division, wireless cable television service division and television and Internet production. The retails division distributes a variety of consumer products including teen cosmetics, automotive and housewares through Internet, home shopping networks, retail store chains and wholesale distributors. The wireless cable television service division of the Group develops, owns and operates wireless cable television systems in Wisconsin and Costa Rica. The television and Internet production division produces daily, live, financial news programming about the stock market and personal financial tools for national cable television and Internet distribution. The Group acquired WEBN-TV Educational Broadcasting Network, Inc in March 2001 and Go2America, LLC in April 2001. Retail division accounted for 56% of 2000 revenues; wireless cable television services, 33%; Internet/television production, 4% and other, 7%.