DGAP-News: GRAVITY COLLECTION, INC. (GRAVITY) Enters Into Agreement to Acquire a Sixty Percent (60%) Stake in Australian Based RJ Media
(firmenpresse) - Gravity Collection, Inc.
08.07.2013 13:01
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NEW YORK, 2013-07-08 13:00 CEST (GLOBE NEWSWIRE) --
GRAVITY COLLECTION, INC. (GRAVITY) announced today that it has signed a Special
Private Placement Agreement (SPPA) for the purchase of a Sixty percent (60%)
stake in RJ Media based in Sydney, Australia.
GRAVITY COLLECTION'S plan is to expand its national and global reach with key
acquisition, programming, distribution and branding.
GRAVITY COLLECTION'S's CEO, Harry S. Vested, Jr.: 'This agreement with RJ Media
will be instrumental in the expansion of our projects and programming. GRAVITY
COLLECTION is excited to partner with RJ Media as we move forward with our
channel and brand. The GCI branded channel and apps will showcase hundreds of
hours of top action and outdoor sports programming, as well as live events.
This includes originally produced television content, feature films, shorts and
clips from the world's best television producers and filmmakers in the action
sports genre including surf, snowboard, ski, skateboard, mountain bike,
motocross, climbing, and more.
'The GCI channel will offer content producers industry-leading programming
opportunities designed to maximize advertising income for producers worldwide.
In addition, television producers and filmmakers will be privy to exclusive
options aimed at maximizing reach, visibility and relevancy with consumers,
including unlimited multi-platform channels and sub-channels.
'Our GCI channel will not only help televisions producers, filmmakers and
brands maximize their reach, but will also help fans easily discover quality
content,' said Harry S. Vested, Jr., CEO of Gravity Collection, Inc. 'Our plan
is to build the GCI channel offering globally, and have it feature the largest
and best collection of quality action and outdoor sports content available
within a single branded action sports channel in the world, as well as
multi-platform. No other action sports channel offers fans this much variety or
offers brands such extensive and comprehensive marketing options. What makes
GCI different from other companies is our ability to create high quality
original content, live events and market the GCI brand under ongoing national
marketing campaigns to maximize reach and attract viewership, and provide our
media management and search optimization expertise. This is unique in the
action sports space.'
GRAVITY COLLECTION, INC., (GRAVITY), is a leader in action and outdoor sports
television and film programming, across the broadest and most advanced
platforms available to the genre. GCI already distributes packaged media to
over 2.6 billion eyeballs and retailers worldwide; holds contracts to air films
across a variety of channel distribution outlets and digital multi-platforms;
provides television, video-on-demand content.
The company's mission is to deliver the largest library of best-in-class action
and outdoor sports films, original content and live events to a global
audience. GCI represents the interests of some of the most influential
filmmakers and recognizable brands by maximizing value via comprehensive
multi-platform rights exploitation. GCI maintains one of largest and most
awarded collection of television and film content in the genre.
The GCI team comprises broadcast media in RJ Media executives, award winning
producers, distribution experts, and passionate participants in the action and
outdoor sports lifestyle. GCI is headquartered with offices in Denver, New
York, Sydney, Australia and Beijing, China.
About RJMEDIA, (RJMEDIA), is a Sydney Australia-based Sports Entertainment
Company focused on a broad range of content creation opportunities in digital
media, commercial production, live events, film and television. With unique
structural and operational independence, RJMEDIA teams with local producers,
global distribution partners, and finance sources to launch each venture.
RJMEDIA's experienced in-house team is talented in multiple genres, formats,
and the latest technology. The company's client list includes a wide range of
industry leaders within their respective categories globally.
GRAVITY COLLECTION, INC.
info(at)gravitycollection.com
303-517-6911
News Source: NASDAQ OMX
08.07.2013 Dissemination of a Corporate News, transmitted by DGAP -
a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Gravity Collection, Inc.
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US9902543514
WKN:
End of Announcement DGAP News-Service
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Datum: 08.07.2013 - 13:01 Uhr
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