UOMO Media Inc, the multi-channel entertainment and media company announced the launch of a fully owned Canadian subsidiary named UOMO Productions Inc. The launch of this subsidiary is intended to create a holding company for UOMO Media when it comes to the acquisition and finance of Canadian based entertainment assets. The company will look to make strategic acquisitions of, or partner with, companies or individuals that control and produce various forms of entertainment, including intellectual music property rights, film and television programming.
The subsidiary would be based in Toronto, Canada which is well known for producing many films and videos sent to North America. UOMO will have a financing advantage in being able to receive Canadian subsidies, tax incentives, rebates and financing through its ability to produce Canadian content film and television projects. UOMO integrates existing and well-established revenue streams in recorded music, publishing, talent management and distribution through its four operating divisions: UOMO Digital Distribution, UOMO Recorded Music, UOMO Talent Management, and UOMO Publishing. The Canadian subsidiary is the next step to pursue CEO Camara Alford’s vision: “UOMO’s strategy is to create, acquire and own high-value entertainment related intellectual property.”
UOMO made headlines earlier this week with the announcement that it had signed an exclusive international management agreement with Tricky Stewart and Redzone Entertainment. Tricky Stewart and Redzone Entertainment have been responsible for over 25 million records sold, producing acts such as Pink, Britney Spears, Celine Dion, and most recently collaborations culminating in three Grammy nominations for writing and producing the single “Umbrella” for Rihanna featuring Jay-Z, and one Grammy nomination for “Just Fine” for Mary J. Blige.
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