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A New Spotlight On Diverse Media Group (PINK:DVME.PK)

 October 22, 2009 09:31 AM

MiV Investments profiles Diverse Media Group (PINK:DVME.PK) which has recently made a 50% acquisition of Celebrities in Action, Inc. which has a joint venture with Stan Lee, and has agreed to sign up for the responsibilities in regards to finding high profile celebrities and athletes for their movie roles. It is important to note that Lee's former company, Marvel Comics, was acquired by Disney for over $4 billion dollars. The current economic situation may be a horror for most businesses, but the movie industry is expecting a happy ending. Ticket sales this year are up 17.5 percent to $1.7 billion, and attendance has risen nearly 16 percent, according to Media by Numbers, a box-office tracking company. If attendance continues to increase at the same pace it has for the past six weeks, it would amount to the biggest box-office surge in at least two decades. "People seem to be turning to the movies to escape from the daily worries of their professional lives," Browning, marketing manager for Regal Entertainment, said. "In economic uncertainty, movies are still a relatively inexpensive form of entertainment when you compare it to sporting events, concerts or going out to eat." The company also represents actors and directors on leading primetime television shows including Lost, 24, House, Bones, Wildfire, Prison Break, Deadwood, NCIS, Criminal Minds, and previously Seventh Heaven, Charmed, One Tree Hill, and Las Vegas. Diverse Media Group is also one of the few small / micro cap companies which is fully OTC pinksheets compliant.

About Diverse Media Group

Diverse Media Group, Inc. is a publicly traded company that operates entertainment services across all platforms of distribution in the emerging digital age. Diverse Media Group, Inc. is the parent company that emerged as an outgrowth of Diverse Talent Group,Inc. (DTG). DTG was incorporated in the year 2000, but has roots going back 27 years as a talent agency representing artists in motion pictures, television, radio, and commercials. DTG is ranked in the top ten among Hollywood's most influential agencies. Diverse Media Group, Inc. is expanding upon those years of experience to create a multi-tiered organization which creates content, owns and operates distribution channels, and pioneers methods of packaging entertainment products and services.

Recent News

Network Talks Underway to Develop "Momo" into Weekly TV Series
"Momo" executive producers Dimitri Logothetis and Nicholas Celozzi have announced that talks are underway with networks in the U.S. and Canada to develop the project as a weekly series for television. "Momo" is one of six titles for which Diverse Media Group, Inc. has optioned to purchase a 30% interest from Elio Pictures, Ltd.Diverse Media Group CEO Chris Nassif calls the development "a huge step forward in our company's transition to a complete entertainment and media services provider."Logothetis and Celozzi have been working for seven years on the life story of infamous mob boss Sam Giancana. After securing the exclusive story rights from Francine Giancana to her father's life story, they originally set the project up at Warner Bros. and Turner as a mini-series. Logothetis calculates development costs to date at $75,000. With the success of the 60's-based AMC series "Mad Men," they decided that "Momo" could also satisfy weekly audience interest in that period of Americana. Giancana was born in 1908 and killed in 1974. Source here

Diverse Media Group Inc. (DVME) Options Six Titles From Elio Pictures
Diverse Media Group Inc. has optioned to purchase a 30% interest in six titles from Elio Pictures. Diverse Founder and CEO Chris Nassif describes the move as an important building block in acquiring a library of titles for distribution both domestically and worldwide. The Company acquired its first television property, "Hometeam," in 2007. The program is currently airing in syndication in the U.S. and in South Africa. Nassif says, "Our analysis shows a dramatic shift in media metrics.

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