Digital Asset DirectNews Media Group, Inc.
Contact Details News Media Group, Inc. Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/
June 27, 2024 07:00 AM Eastern Daylight Time
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News ReleaseRetirement.Radio
Retirement.Radio, a premier network dedicated to providing essential retirement planning information, announced today that its Take Pride in Retirement podcast has been recognized as a must-follow Pride-related podcast by FeedSpot, one of the web’s foremost aggregators of the “best of” across the internet. This recognition not only underscores the podcast’s commitment to sharing diverse voices and stories from the LGBTQ+ community but also highlights the importance of empowering and representing this community as it navigates its unique challenges during the golden years of retirement. “I am humbled and honored to receive this recognition,” said Matt McClure, founder and host of Take Pride in Retirement. “I started Take Pride in Retirement because I saw a need in my community for retirement planning, education, and assistance. Knowing that the podcast is reaching its intended audience and making a difference in their lives is extremely fulfilling.” The Take Pride in Retirement Podcast, a one-of-a-kind platform, focuses on financial issues relevant to the LGBTQ+ community. It has had the privilege of hosting distinguished guests such as Gabrielle Claiborne, Co-Founder and CEO of Transformation Journeys Worldwide, who has shared invaluable insights on the unique challenges the trans community faces in retirement planning. The podcast has also featured Katie Leikam, a licensed therapist, who has underscored the importance of living wills and estate plans for the LGBTQ+ community. These unique and insightful perspectives testify to the podcast's importance and relevance. Matt reiterates in every episode that the Take Pride in Retirement Podcast remains steadfast in its mission that everyone, regardless of their background, identity, or who they love, deserves a retirement they can be proud of. This commitment to diversity and inclusivity is at the heart of our podcast. It is a testament to our dedication to ensuring that all voices are heard, and all needs are met, making our audience feel valued and included. “The Retirement.Radio team is deeply committed to amplifying these crucial conversations on our radio shows and affiliated podcasts,” said Sam Davis, executive producer for Retirement.Radio. “Our unwavering mission is to provide essential information, ensuring that every senior citizen and retiree, regardless of their background or identity, has the information they need to navigate retirement confidently and clearly. This recognition by FeedSpot is a testament to our dedication to inclusivity and our ongoing efforts to serve all communities.” FeedSpot’s ranking of the Best Pride Podcasts results from a rigorous evaluation considering podcast popularity, content quality, update frequency, and audience engagement. This recognition places the Take Pride in Retirement podcast in an exclusive league of content creators leading the way in celebrating and advocating for LGBTQ+ rights and stories. Other podcasts are available through the Retirement.Radio Network, including the Peak Financial Freedom Hour, Retirement Results, Guaranteeing Your Retirement, and the Federal Retirement Show. For more information, visit TakePrideInRetirement.com and subscribe to the show wherever you listen to podcast. ### About Take Pride in Retirement Take Pride in Retirement is Retirement.Radio podcast dedicated to retirement planning solutions for the LGBTQ community. During uncertain economic times, the safety of your principal is critical to planning a successful retirement. Our goal is to help educate you about ways to protect your hard-earned money while experiencing market-like growth at the same time. LGBTQ people face unique challenges when planning for their retirement future. Everyone's situation differs from legal barriers to a potential lack of family support. Tune in each week as we explore these obstacles and give you tips on overcoming them so you can get on the road to success. For more information, visit TakePrideInRetirement.com and subscribe to the show wherever you listen to podcasts. About Retirement.Radio Retirement.Radio is dedicated to providing essential retirement planning information to listeners across the United States. Our licensed financial professionals and insurance agents host weekly radio shows and podcasts, offering expert advice on various topics, including smart tax planning, retirement income strategies, and health care planning. Retirement.Radio is powered by national insurance distribution and marketing leader AmeriLife and features wide-reaching and impactful broadcasts. Our commitment is to help listeners invest wisely, plan effectively, and achieve successful retirement outcomes. Contact Details Retirement.Radio Sam Davis sdavis@amerilife.com Company Website https://retirement.radio/
June 26, 2024 11:00 AM Eastern Daylight Time
News ReleaseBenzinga
By Meg Flippin, Benzinga Winnie-The-Pooh, the classic novel by A.A. Milne, has warmed our hearts, opened our imaginations and kept us enchanted for decades. It has also made its licensees a lot of money. After all, the franchise has generated over $80 billion in sales over the past forty years and is estimated to generate $3 to $6 billion in annual revenue for Walt Disney Co. (NYSE: DIS). It's also the subject of the next big project from Kartoon Studios (AMEX: TOON), a global company specializing in creating, producing, distributing, marketing and licensing entertainment brands. Kartoon Studios ’ Winnie-The-Pooh is the most ambitious project yet for the company, encompassing an animated holiday movie, five holiday specials and a four-year/104-episode series and 5 Holiday specials to premiere on Amazon.com Inc.’s (NASDAQ: AMZN) Amazon Prime Video, via Kartoon Channel!’s subscription service on the platform. Concurrently, the global retail program will kick off with the debut of products featuring an array of special features, distributed through Alliance Entertainment Corporation (“AEC”)(NASDAQ: AENT), which distributes to Walmart Inc. (NYSE: WMT), Barnes & Noble and Amazon. At launch, AEC will debut an exclusive steel case video package with unique bonus features as part of Kartoon Studios’ global merchandise program. The series is being financed through non-dilutive joint venture production financing of $30 million provided by WTP SPV 1, a subsidiary of Catalyst Venture Partners. “We have committed to provide $30 million to the Special Purpose Joint Venture for this exciting new version of A.A. Milne’s ‘Winnie the Pooh’ from Kartoon Studios, which is non-dilutive to any of TOON’s existing stakeholders. Being able to participate in a timeless and proven children’s classic such as Milne’s ‘Winnie-The-Pooh,’ through the production of original animated content and the licensing of consumer products from those proprietary character designs and stories, is a unique opportunity we are very excited about,” said Steven A. Horowitz, Sr. Managing Director of WTP SPV. “Andy Heyward and the team at Kartoon Studios have a long history of producing hit properties for children. An all-star array of award-winning talent across development, production, marketing, consumer products, and distribution has been assembled to manage the brand launch, and we are excited to be a part of what we are confident will be a hugely profitable and enduring business.” It Doesn’t Get Any More Iconic “Disney created an iconic and tremendously successful global brand with ‘Winnie-the-Pooh’ that we have all admired so much. When the property went into the public domain, we knew we could only undertake creating Pooh for a new generation, if we could bring a completely different and unique look that was contemporary, protectable, and gave voice to the characters and stories created by A.A. Milne, as has never been done,” said Kartoon Studios Chairman & CEO Andy Heyward when announcing the deal. “We are thrilled to launch with Amazon Prime Video, and Alliance Entertainment distributing through Walmart, Barnes & Noble, and Amazon, to deliver unique and exceptional content, as we build out a new iteration of this entertainment brand and Winnie-The-Pooh branded consumer products to the global marketplace.” Been There, Done That Kartoon Studios has a lot of experience with merchandising around a popular franchise. This spring Kartoon Studios – which is the controlling partner of "Stan Lee Universe, LLC" – unveiled a new dedicated storefront on Amazon, exclusively featuring products related to Stan Lee. This Stan Lee storefront, powered by Meteor, offers a wide range of branded apparel and merchandise adorned with graphics that pay homage to the legendary "Godfather of Comics." This new storefront further enhances the brand's connection with its digital community of passionate fans. Kartoon Studios also has a YouTube channel dedicated to everything Stan Lee for his legions of fans – “Stan Lee Presents,” now rebranded to Cinematica – which features a diverse range of content sourced from Stan’s personal archives, digital Stan Lee comic books, exclusive interviews, behind-the-scenes footage, seldom-seen historical materials as well as sneak peeks of upcoming projects from the Stan Lee Universe. Kartoon Studios plans to take a similar approach to merchandising around Winnie-the-Pooh. The Amazon series is in pre-production and will kick off with the animated Christmas movie, set to premiere December 24, 2025, on Amazon Prime Video through Kartoon Channel!’s $3.99/month subscription distribution arrangement. Alongside the movie, Alliance Entertainment will distribute steelcase videos with plush and a unique array of special features. through its retail and online partners. The company is developing its Winnie-the-Pooh content with what it says is a unique “yarn-based” design and palette for the characters and backgrounds, along with original modern stories inspired by Milne’s beloved classic books. The imagined yarn gives the characters depth and warmth, reports Kartoon Studios. The stories will be told in a “Seussian style” rhyme to provide an enriched dimension. AI In The Driver’s Seat To achieve all that, Kartoon Studios is leveraging artificial intelligence. “In designing ‘Kartoon Studios’ Winnie-The-Pooh,’ using both AI and by hand, the unique look of the characters and backgrounds could not have been imagined prior to the advent of AI in our industry,” said Heyward. “Moreover, our use of AI will enable us to bring a level of efficiency, speed to market, and creativity to the production heretofore not possible.” Kartoon Networks is aiming to lift families' spirits with Winne-the-Pooh focusing on its goodness, grounded in family, friendship, kindness and love. Those are values Kartoon Studios’ version of Pooh will showcase. If Kartoon Studios is able to replicate its prior success, the news could bring cheer to fans and investors alike. Featured photo by Annie Spratt on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com
June 25, 2024 08:40 AM Eastern Daylight Time
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News ReleaseSelect Sector SPDR
In the ever-changing landscape of the financial markets, Select Sector SPDR ETFs present a method for investors looking to engage in sector-specific investments. By breaking down the S&P 500 into distinct sectors, these ETFs provide a pathway for both individual and institutional investors to craft more targeted and strategic investment portfolios. The Select Sector SPDR ETFs encompass a range of sectors, each represented by a dedicated ETF. This structure allows investors to focus their investments on specific areas of the economy, depending on their investment objectives, risk tolerance, and market outlook. Overview of Select Sector SPDR ETFs: Communication Services Select Sector SPDR Fund (XLC): Focuses on telecommunications and media companies. Consumer Discretionary Select Sector SPDR Fund (XLY): Targets companies focused on non-essential goods and services such as luxury items, travel, and leisure. Consumer Staples Select Sector SPDR Fund (XLP): Concentrates on essential consumer goods and services like food, clothing, and personal products. Energy Select Sector SPDR Fund (XLE): Dedicated to the energy sector, focused on oil and natural gas. Financials Select Sector SPDR Fund (XLF): Encompasses banking, investment, and insurance industries. Health Care Select Sector SPDR Fund (XLV): Focuses on pharmaceuticals, healthcare equipment, and services. Industrials Select Sector SPDR Fund (XLI): Includes manufacturing, construction, and logistics firms. Materials Select Sector SPDR Fund (XLB): Covers the chemicals, construction materials, and packaging industries. Real Estate Select Sector SPDR Fund (XLRE): Targets commercial real estate services and REITs. Technology Select Sector SPDR Fund (XLK): Concentrates on the information technology, semiconductor, and electronics sectors. Utilities Select Sector SPDR Fund (XLU): Dedicated to electric and gas utility companies. By offering a straightforward and transparent approach to investing in specific sectors, Select Sector SPDR ETFs enable investors to adapt their investment strategies in response to changing market conditions. The Select Sector SPDR ETFs offer a focused approach to investment, allowing for detailed sector analysis and strategic portfolio management. As the financial landscape continues to evolve, these ETFs provide a valuable tool for investors looking to refine their investment strategies through sector-specific allocations. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007597 EXP 8/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/
June 24, 2024 05:00 AM Eastern Daylight Time
News ReleaseComcast California
Comcast has partnered with legendary Mexican rock band, EL TRI to provide sign language interpretation for their June 22 Music in the Park performance at Plaza de Cesar Chavez in San Jose. This marks the first time that EL TRI, whose lyrics are in Spanish, will perform with sign language interpreters to provide greater accessibility to deaf and hard-of-hearing fans. In addition to interpreting the iconic lyrics of EL TRI, interpreters from Pro Bono ASL will translate the announcers of the traditional Lucha Libre matches that Music in the Park will offer as entertainment to attendees before the concert. WHAT: • Capture historic moments of ASL interpretation at Music in the Park • Interview ASL interpreters who have worked in shows with Bad Bunny, Juanes and Elvis Crespo • Hear from Comcast about its plans to serve the Deaf and hard-of-hearing community • Lucha Libre matches will feature local wrestlers such as "El Gladiador del aire,” "El Viento" and "Rey de las pesadillas” El Cucuy, WHEN: Saturday, June 22, 2024 Doors open at 4:00 PM PT Concert starts at 8:00 PM PT Lucha Libre Matches will happen throughout the event WHO: • Alex Lora and his legendary Mexican rock band EL TRI • ASL interpreters from Pro Bono ASL - an organization that specializes in bringing immigrant, first-gen, queer, multilingual and multicultural ASL interpreters to concerts and festivals across the U.S. • Comcast representatives WHERE: • Plaza de Cesar Chavez - 1 Paseo de San Antonio, San Jose, CA 95113 About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast Adriana Arvizo +1 925-200-1919 adriana_arvizo@comcast.com Company Website https://california.comcast.com/
June 21, 2024 09:00 AM Pacific Daylight Time
News ReleaseComcast California
Comcast has partnered with legendary Mexican rock band, EL TRI to provide sign language interpretation for their June 22 Music in the Park performance at Plaza de Cesar Chavez in San Jose. This marks the first time that EL TRI, whose lyrics are in Spanish, will perform with sign language interpreters to provide greater accessibility to deaf and hard-of-hearing, fans. Comcast recently announced the availability of live American Sign Language (ASL) interpreting services at eight Bay Area Xfinity Store locations. Customers who need ASL support can visit any of the eight Bay Area Xfinity Stores, where representatives will utilize ASL Video Remote Interpreting (VRI) to access a live interpreter provided by partner, Communication Service for the Deaf (CSD). EL TRI, one of Latin America's most iconic rock bands, will perform as part of San Jose’s popular Music in the Park summer concert series. The addition of ASL interpreters underscores Comcast’s dedication to accessibility and community engagement. "We are thrilled to be part of this wonderful initiative," said Alex Lora, lead singer of EL TRI. "Music is a universal language, and it’s important that everyone, regardless of their hearing ability, can share in the experience and energy of our live performances. We can’t wait to rock out with all our fans in San Jose!" In addition to the interpreting services at the concert and in its stores, Comcast recently announced $60,000 in grants to three community partners: San Francisco LightHouse for the Blind and Visually Impaired, California School for the Deaf and the World Institute on Disability. These grants aim to broaden the scope of digital inclusion and accessibility to deaf and hard-of-hearing students, families, seniors, and community members. The American Community Survey (ACS) estimates that 3.6% of the U.S. population is “deaf or have serious difficulty hearing.” Additionally, according to Pew Research Center, 23% of people with disabilities say they never go online, with 57% saying they do not have a home broadband connection. That’s why, through its Project UP initiative, Comcast is working to address and eliminate the unique barriers to connectivity through a series of efforts, including Internet Essentials, Lift Zones, and skill development and training. Continuing Comcast’s ongoing commitment to diversity, equity, inclusion and accessibility, this event, in collaboration with Pro Bono ASL, aims to make the EL TRI concert more inclusive for the deaf and the hard-of-hearing. “This historical event is meaningful because these interpreters are trilingual. They know Spanish, English and American Sign Language which is creating inclusivity within the Latino deaf community which often tends to be left behind,” said Rorri Burton, Founder and Director of Pro Bono ASL, an organization that specializes in bringing immigrant, first-gen, transracial adoptees, queer, multilingual and multicultural ASL interpreters to concerts, festivals and events across the U.S. “We are grateful to Comcast for demonstrating inclusivity and commitment to the Latino deaf community.” In addition to interpreting the iconic lyrics of EL TRI to fans at the concert, interpreters from Pro Bono ASL will translate the announcers of the traditional Lucha Libre matches that Music in the Park will offer as entertainment to attendees before the concert. The matches will feature local wrestlers such as "El Gladiador del aire” El Viento and "Rey de las pesadillas” El Cucuy. Music in the Park details: • Date: Saturday, June 22, 2024 • Time: Doors open at 4:00 PM • Location: Plaza de Cesar Chavez, San Jose, CA • Special Feature: ASL interpretation provided by Pro Bono ASL, sponsored by Comcast About Pro Bono ASL Pro Bono ASL prioritizes ASL access via culturally qualified interpreters. We work with Deaf, hearing and Deaf-parented sign language interpreters; those who are immigrant, first-gen, transracial adoptees, queer, multilingual and multicultural. Representation is vital, and so are the nuances of culture that impact language. Pro Bono treasures the unique intersectionalities that make our interpreters the perfect fit for the spectrum of members in the Deaf community. As our name, "pro bono" indicates, we work "for the good" of the community. About Comcast’s Accessibility Program For more than a decade, Comcast has invested in making its products, technology, and experiences accessible to the widest possible audience while opening new doors to independence for people with disabilities. These innovations include the Large Button Voice Remote, voted USA Today’s Best Accessible Design remote in 2023, and the Xfinity Adaptive Web Remote. To learn more about Comcast’s groundbreaking accessibility work, visit corporate.comcast.com/accessibility. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Adriana Arvizo +1 925-200-1919 Adriana_Arvizo@comcast.com Company Website https://california.comcast.com/
June 20, 2024 09:00 AM Pacific Daylight Time
News ReleaseFull Pull Entertainment
Full Pull Entertainment, a pioneering force in the world of truck and tractor pulling, today announced the launch of Full Pull Picks, its highly anticipated legal skill-based gaming sports app. The Full Pull Picks rollout marks a historic moment for the 75-year-old sport, giving motorsport enthusiasts their first chance at placing legal bets on the sport, just in time for the Budweiser Dairyland Super Nationals in Tomah, WI. With a rich history, truck and tractor pulling has evolved from its grassroots origins into a spectacle captivating millions of fans worldwide. Full Pull Picks is built on a unique peer-to-peer, player adjusted payouts system, where all entries are placed together in a pool, and payouts are based on the collective entries of the participants, adding an extra layer of excitement to the events, and ensuring a fair and transparent gaming experience. As a special offer this weekend, Full Pull will provide up to $20 for all first-time deposits. Full Pull Picks is available for motorsport fans in Alaska, California, Georgia, Illinois, Kentucky, Minnesota, Nebraska, New Mexico, North Carolina, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Texas, Utah, and Wisconsin. “Full Pull’s mission is to enhance the fan experience and grow the sport of truck and tractor pulling among existing and new audiences,” said Chase Richardson, Co-Founder and CEO of Full Pull Entertainment. “We think truck and tractor pulling is the most thrilling motorsport in this country. We know that real money gaming enthusiast will soon become fans as well.” This launch follows Full Pull’s recent announcement of its 2024 summer streaming schedule. The 16-week, 32-session schedule will be packed with exhilarating action and will include expert pull-by-pull commentary, exclusive behind-the-scenes content, and live analysis for the first time from all major pulling associations. Full Pull’s streaming feature, Full Pull LIVE, broadcasts major pulling leagues such as the National Tractor Pullers Association, Inc., & Outlaw Truck & Tractor Pulling Association, ensuring fans stay connected with the latest developments in the sport. Fans can choose a monthly subscription on Full Pull LIVE priced at $39.99, providing unlimited access to all sessions throughout the season. For those interested in specific sessions, a session-only pass is available at $25 per session. Full Pull LIVE is now available on multiple streaming services including Roku and Fire TV. To experience the thrill of tractor pulling, fans can visit the iOS App Store or Google Play, search for “Full Pull” and tap “Download.” Full Pull Picks is also available via the web at http://fullpullpicks.com. About Full Pull Established in 2021, Full Pull Entertainment is a trailblazing force in the world of truck and tractor pulling. The platform offers detailed data and engaging content, catering to both new and seasoned fans, guiding them through the excitement of the betting process. With strong industry relationships, Full Pull is not only redefining fan engagement but also propelling a 75-year-old sports phenomenon into the 21st century with a dynamic blend of tradition and innovation. For more information about Full Pull, to watch live streamed pulling events, or to sign up for their real-money DFS contests, please visit https://www.fullpull.us. # # # Established in 2021, Full Pull Entertainment is a trailblazing force in the world of truck and tractor pulling. The platform offers detailed data and engaging content, catering to both new and seasoned fans, guiding them through the excitement of the betting process. With strong industry relationships, Full Pull is not only redefining fan engagement but also propelling a 75-year-old sports phenomenon into the 21st century with a dynamic blend of tradition and innovation. For more information about Full Pull, to watch live streamed pulling events, or to sign up for their real-money DFS contests, please visit https://www.fullpull.us.\ Contact Details Jackson Gaskins jgaskins@hotpaperlantern.com Company Website https://www.fullpull.us
June 19, 2024 09:00 AM Eastern Daylight Time
News ReleaseRazorPitch - GTVH
The leisure and recreational industry seems poised for a stellar recovery after bearing the brunt of the COVID-19 outbreak, which caused sector revenue to decline substantially. That recovery is evident by the fact that the Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) is up over 27% over the past six months alone compared to the S&P 500, which is up only 21.7% over the same timeframe. According to The Business Research Company, the arts, entertainment, and recreation sector had a combined annual revenue of about $265 billion in the US alone but is highly fragmented, creating highly profitable opportunities for companies like Golden Triangle Ventures, Inc (OTC:GTVH). Golden Triangle Ventures, Inc (OTC:GTVH) is a multifaceted consulting company pursuing opportunities in the Health, Entertainment and Technology sectors. It also has other additional projects under development that will provide synergistic value to these divisions. Essentially, GTVH seeks to purchase, acquire, and/or joint venture with established entities that management can help assist and develop into unique opportunities. In order to capitalize on the burgeoning opportunity in the leisure and recreational sector, GTVH recently announced a number of exciting corporate developments. First, Lavish Entertainment, GTVH’s wholly owned subsidiary, has developed a comprehensive four-pillar business model that will be a critical component in advancing its mission to create an industry leading entertainment business. For some background, Lavish Entertainment is a Las Vegas-based company that began operations back in 2017 with a vision of becoming nationally recognized in concert production. It has successfully organized some of the most exciting electronic dance music concerts in Las Vegas. Lavish Entertainment’s new model encompasses the following key foundational elements: logistics, staffing, equipment, and production. These pillars were meticulously identified and organized to complement each other and ensure seamless operations across all facets of the company. Second, and what has been getting investors most excited about the company, is that GTVH recently announced the execution of an agreement to acquire approximately 70 acres of prime and improved land for its Destino Ranch ( www.DestinoRanch.com ) project, a flagship venture under its entertainment division. Located strategically in Arizona, this achievement marks a significant milestone for Golden Triangle Ventures. The Destino Ranch project is planned as a multifaceted destination center set to redefine entertainment and hospitality in the region while being sustainable. Ultimately, it will be a destination where nature and technology combine to create unforgettable experiences. Destino Ranch intends to become an international destination that rivals Coachella and other well-known festival sites. With access to nearly 22,000 visitors traveling through the area per day, the location offers an appealing opportunity to become a modern art and music festival mecca. Destino will complement the beautiful natural attributes of the Mojave Desert with an immersive, world-class art installation gallery with rotating exhibits, and a large-scale music venue with state-of-the-art staging and production. As you can see below, Destino is uniquely located on the highly traveled State Route 93 artery between Las Vegas and Phoenix, which is why it would be so compelling for even organizers. The significantly improved property currently includes perimeter fencing, graded roads, solar power systems, large permanent structures, multiple garden areas with nutrient-rich organic soil, a well, a septic system, complete irrigation systems for all the trees, security cameras, and heavy equipment for upkeep and development. These upgrades represent a substantial investment totaling nearly $6 million, which has turned this once-vacant land into a beautiful oasis that provides the initial infrastructure needed to begin the development of Destino Ranch. Steffan Dalsgaard, CEO of Golden Triangle Ventures, stated, "This marks a significant step forward in our vision to create a one-of-a-kind destination that celebrates art, music, and entertainment year-round. Our entire team is beyond confident in our ability to bring this project to life, and our plan is coming closer to reality every day." Just to put the opportunity here in better context, consider this: Billboard reports that Coachella earned more than $114 million in profits in 2017, the first reoccurring festival to break the $100 million mark in a single year. Although that amount is still slightly below the highest-grossing festival of all time—2016's two-weekend Desert Trip, which earned more than $160 million — Coachella has again claimed the top spot among profitable reoccurring festivals, a distinction it has earned each year since 2011. And as the festival's popularity has grown, so has its profit — seven-fold since 2007. In 2007, Coachella earned $16 million when it was still a one-weekend deal. After moving the celebration to two weekends in 2012, the festival earned $47.3 million. At the moment, GTVH has a market capitalization of about $4 million, which implies that even if it only manages to capture 10% of Coachella’s market share, it would be able to unlock substantial shareholder value. Golden Triangle Ventures is actively working to prepare a series of internal production events and will secure bookings for showcasing beginning in Q4 of 2024, further solidifying Destino Ranch's position as a premier entertainment destination. This project is one of Lavish’s largest undertakings and will be managed by GTVH’s newest acquisition, ABI Create, a premier event management and production firm. ABI will maximize the integrated synergy of the four pillars to amplify the development of Destino Ranch and will utilize the project to showcase the newly formed strategic model. ABI Create ( www.ABICreate.com ) was founded in 2015 by Marco Antonio Moreno, who was recently appointed as the new president and COO of Lavish Entertainment. ABI has delivered high-quality productions for a range of large-scale installations at major music festivals, sporting events, and conventions across the United States. Notable projects include collaborations with the NFL Super Bowl, San Diego and New York Comic Con, EDC and Camp EDC, Bonnaroo Music Festival, the Waste Management Phoenix Open, Arnold Palmer Invitational, Burning Man, and many more. For investors who may still be wondering whether this is the right time to get back into leisure and recreational stocks, MSGE’s recent earnings calls reaffirm the outlook of the broader industry. For instance, in the recently reported 2Q24 results, MSGE brought in $403 million, beating consensus expectations of $385 million. This strong growth was attributed to an increase in the number of concerts held at the company’s venue compared to the similar period last year and higher per-event revenues. Management noted that compared to 2Q23 concert bookings for 1H25 at the Garden were ahead by a fairly strong double-digit percentage, and it appears this trend would persist even when looking farther ahead into FY25. In addition to that, the company revealed that four of its venues were on track to exceed initial expectations for concerts this year, and that includes ‘The Garden', where the company is on track to set a new record for the number of concert bookings on a full year basis. And in Q3, the company hosted more than 1.5 million guests at over 200 live events across its portfolio of venues. More importantly, GTVH has reaffirmed its dedication to continuously enhancing shareholder value as the company scales its operations. That is why the company recently announced a pivotal agreement with T&K Zarro, LLC, managed by Tom Zarro, T&K Zarro president and the largest note holder in GTVH. Under this landmark agreement, T&K Zarro, LLC has committed to a structured and disciplined sale of GTVH stock, limiting sales to no more than 10% of the daily trading volume on any given day. Additionally, T&K Zarro has agreed to a 6-month moratorium on all interest accruals within its convertible debentures held in GTVH. This moratorium period is designed to provide GTVH with the necessary time to optimize its operations and capitalize on growth opportunities. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Cambridge Consulting to assist in the production and distribution of content related to GTVH. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Inc Mark McKelvie +1 585-301-7700 mark@razorpitch.com Company Website http://razorpitch.com
June 18, 2024 06:00 AM Eastern Daylight Time
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News ReleaseSongtradr
Songtradr, the world’s largest B2B music company, announces the appointment of two industry leaders to its Board of Directors: Alex Rigopulos, co-founder of Harmonix and the studio’s director at Epic Games, and Priyanka Khimani, renowned music entertainment lawyer and managing partner at Khimani Associates. Alex Rigopulos brings a wealth of experience from his extensive career in the video game and entertainment industry. As co-founder of Harmonix, which was acquired by Epic Games in 2021, Alex was instrumental in the development of games such as “Guitar Hero,” “Rock Band,” and “Dance Central,” which revolutionized how music and interactive entertainment intersect. His deep understanding of both music and technology will be invaluable as Songtradr continues to expand its global footprint. Priyanka Khimani is one of South Asia and MENA’s most influential music entertainment lawyers, known for her extensive work with artists, composers, producers, and music companies. As the managing partner at Khimani Associates, Priyanka has represented many high-profile clients in the entertainment industry such as AR Rahman, AP Dhillon, Divine, Reservoir Media, Warner Music Group, Snap Inc, Netflix, among several others, and has been a formidable advocate for intellectual property rights and creative talent. Her expertise in entertainment law and her commitment to protecting creative works align perfectly with Songtradr’s mission to empower artists and rights holders worldwide. "We are thrilled to welcome Alex Rigopulos and Priyanka Khimani to our Board of Directors," said Paul Wiltshire, CEO of Songtradr. "Alex's visionary approach to integrating music, technology, and video games, along with Priyanka's extensive rights knowledge and dedication to the creative community, will provide strategic insights and strengthen our leadership as we continue to innovate and grow in the global music marketplace." Alex and Priyanka join existing Songtradr board members Lindsay Nahmiache, Helge Steffen, and Paul Wiltshire. These new appointments reaffirm Songtradr’s commitment to leveraging top-tier expertise to drive forward its mission of powering the world with music. Both Alex and Priyanka’s contributions will be instrumental in guiding Songtradr through its next phase of growth and development. For more information about Songtradr and its Board of Directors, please visit www.songtradr.com Songtradr is the world’s largest B2B music company, providing comprehensive music solutions for businesses, artists, and creators. Founded in 2014, Songtradr has grown from a single office in Los Angeles to operations across four continents, empowering thousands of artists and composers worldwide. Through its innovative platform and strategic acquisitions, Songtradr offers a total solution for music licensing, distribution, and monetization. Contact Details Jalila Singerff +1 818-422-2248 jalila@jiveprdigital.com Company Website https://www.songtradr.com/
June 14, 2024 09:51 AM Eastern Daylight Time
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