Global Entertainment distributes a library worth approximately 60 million dollars in motion picture titles, directly to distributors worldwide. It licenses to domestic and international markets of one-hour and half-hour drama series, television movies, and mini series and nonfiction programming.
Global Entertainment has serious developmental plans:
Global Entertainment plans to develop strategic alliances in order to continue to develop and produce new motion pictures, television series, and direct to TV/cable properties and intends to acquire additional independent production and distribution firms, film libraries, and build out or acquire production and post-production facilities in Canada and the United States.
Global intends to establish its own music label for the promotion of recording artists
Global plans to operate production studios in the United States and Canada, which would offer rental equipment, sound stages, production offices, storage facilities, grips, lighting, cameras, catering, and transportation equipment to film and television producers.
Revenue Projections from Global’s Film Library
Global Entertainments projects serious revenue from its film library.
Global Entertainment distributes a library worth approximately 60 million dollars in motion picture titles, directly to distributors worldwide. Full rights and title to 14 full-length feature films are currently owned. Management estimates over US$129 million in production funding would be required to recreate this group of films.
The projected revenue from these films for 2007 is $4.5 million USD. These films represent a diverse group of film titles covering all genres – action, comedy, drama, horror, and romance.
Global also intends to pursue ancillary revenues such as merchandise licensing and publishing to generate revenues from diverse sources. Management has developed a detailed and logical business plan to build a vertically integrated production, distribution, music, licensing, and merchandising enterprise.
Global Entertainment licenses to domestic and international markets of one-hour and half-hour drama series, television movies, and mini series and nonfiction programming.
Projections for revenue for Global Entertainment through 2010, released this week are as follows:
- 2007 – $4,464,184
- 2008 – $43,899,236
- 2009 – $85,742,707
- 2010 – $113,317,561
Source: Projected Revenues from Proxy Statement of September 1, 2006 filed with the Securities Exchange
Global is focused on building a vertically integrated entertainment and media organization.
Source: Global Entertainment
Global Entertainment Holdings/Equities, Inc.
Executive Offices
23760 Oakfield Rd. Hidden Hills, CA 91302
Phone: (818) 884-2777
Fax: (818) 884-3443
Miami Offices
703 Waterford Way, Suite 690
Miami, FL 33126
Phone: (305) 374-2036
Fax: (305) 373-4668
Investor Relatoions
email: mwilson@globalentertainmentco.com
Shareholder Hotline (305) 374-2036 X140
Safe Harbor Statement: This press release contains forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the “safe harbor” provisions of the Private securities Litigation Reform Act of 1995 and are made based on management’s current expectations or beliefs as well as assumptions made by, and information currently available to, management. These forward-looking statements which may include statements regarding our future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses, future operating margins and other future or expected performance, are subject to the following risks: the acquisition of businesses or the launch of new lines of business, which could increase operating expenses and dilute operating margins; the inability to license or distribute our film library competition; and to the general risks associated with our businesses.
In addition to the risks and uncertainties discussed above you can find additional information concerning risks and uncertainties that would cause actual results to differ materially from those projected or suggested in the forward-looking statements in the reports that we have filed with the Securities and Exchange Commission. The forward-looking statements contained in this press release represent our judgment as of the date of this release and you should not unduly rely on such statements. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in the filing may not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statement.
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