Residential Real Estate News
World Property Media to Commence Industry Funding Round to Launch WPC TV
Miami-based real estate technology developer, World Property Ventures, announced this week that its wholly owned subsidiary, World Property Media, is planning a major funding round in 2025 to support the development and deployment of its emerging global real estate streaming service, WPC TV.
World Property Media focuses on publishing and distributing high-quality global real estate content through its two subsidiaries: The World Property Journal, recognized by Google as the top-ranked "international real estate news" platform, and WPC TV, an emerging streaming platform for global real estate news, lifestyle, education, and entertainment.
Company founder Michael Gerrity stated, "The massive success and growth of major streaming platforms like Netflix, Amazon Prime, HBO Max, Paramount+, and Disney+ signal that the market is ready for a niche streaming service dedicated to the global real estate industry itself now. We envision WPC TV becoming Miami's next unicorn tech company, attracting tens of millions of paid subscribers worldwide in the next decade."
World Property Media is gearing up for a $200 million private funding round in mid-2025, and plans to begin constructing a 20,000-square-foot global broadcast news center in Miami by late 2025. Gerrity added, "Our vision for WPC TV is to become the future 'CNBC of Real Estate,' delivering high-quality industry programming on a global scale exclusively over the web, not cable."
World Property Media operates as a division of World Property Ventures, a global real estate technology developer and investor.
