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.
