Hover Audio Streaming Services, LLC (HVR Stream)

Company Overview: HVR Stream is a subscription-based, all-in-one niche streaming app that offers a safe and faith-nurturing listening experience. HVR Stream is designed for the millions of listeners who value wholesome and inspirational content.  HVR Stream offers a wide variety of uplifting content including Christian music from new and up-and-coming Christian artists and songwriters, podcasts, spiritual habit features, exclusive artist-to-fan features, video teaching, and audiobooks, all free of explicit lyrics and themes. 

Case Study:  https://hvrstream.com/hvr-case-study (The problem and solution HVR Stream will solve that exists in today's streaming platforms we aim to exploit.)

Press Kit:  https://hvrstream.com/hvr-electronic-press-kit (HVR Stream about us and branding guide)

Business Model: HVR Stream operates on a subscription model with several pricing tiers: 

Target Customers: HVR Stream targets Christian families and individuals seeking wholesome, uplifting content. The platform aims to serve millions of global listeners who prefer clean, family-friendly media.

Market Growth Projections:

The Christian/Gospel music genre has grown almost 10% this year alone.  Overall at a genre level in the US., the Christian/Gospel genre is the fourth-fastest growing in 2024 through week 22 (week ending 5/30/24) when analyzing overall consumption (Albums w/ TEA  w/ SEA On-Demand Audio).

The genre has grown 8.9% this year in this metric, which is more than twice the industry growth rate of 4% when compared to the same time period last year.

Mission and Values: HVR Stream aims to provide a family-friendly and faith-nurturing listening experience, celebrating and empowering Christian artists and creators. The company's core values include a heart of worship, offering to God in all actions, centric value to all users, encouraging content, and redeeming culture for His glory.

Market Opportunity: The Christian market represents a significant economic segment with an estimated purchasing power of $5.1 trillion annually. Christian music is one of the fastest-growing areas in recorded music history, with a large and loyal listener base under the age of 50. HVR Stream aims to capitalize on this by providing a dedicated platform free of explicit content, tailored to the needs of this demographic.

Investment Request: HVR Stream is seeking investments between 50k - 200k to cover costs for the development of Version 2, administrative expenses, legal fees, marketing and promotion, and team stipends for the first year.

Milestones & Partnerships:

In 12 months, HVR Stream has garnered market traction with multiple partnerships in music and publishing including Crossway Publishing known for their Gospel-centered, Bible-based audiobooks, podcasts, and videos; Culture Villains, an Independent Music Label known for its chart-topping music and impact in the industry; multiple up and coming songwriters and podcasters, and songwriters in emerging markets like Nigeria.  These collaborations signify a significant step towards our goal of creating a streaming ecosystem that glorifies God and celebrates and empowers faith-based creators worldwide.

HVR Stream envisions a streaming ecosystem that's positive and glorifies God.  We envision a company that cultivates positive culture by leveraging artistic talent with uplifting messages and themes aiming to be a competitive alternative to today's growing explicit culture while simultaneously creating income streams through the expansive and growing faith-based community worldwide.