Message #12 From:
NewsBot Date: October 25, 2005 02:00:00 AM
EWKE News Earthworks Expands Its Entertainment Property Rights Portfolio by 500%; Company's Rights Library Grows from 2 to 10 Hit Potential Entertainment Properties
LOS ANGELES--(BUSINESS WIRE)--Oct. 25, 2005--Earthworks Entertainment (OTCBB: EWKE) announced today that it has substantially increased its entertainment rights sales and marketing portfolio with the addition of 8 new properties to its library in the past six months. The Company estimates that these properties will begin to generate sales in the 2nd quarter of 2006.
Earthworks Head of Licensing & Brand Management, Cathy Malatesta, states: "We are exhibiting our new properties at the London Licensing Show this week after participating last week in the Cannes International marketplace for TV, DVD, merchandise licensing & new media sales. We believe our meetings with top entertainment industry buyers can deliver impressive revenue results resulting in our Company's future success in the global market."
"We also anticipate that we will add one or two further new high profile properties, which we believe can deliver a strong financial performance, to our library in the very near future."
Here is a snap-shot of the Company's newly expanded property portfolio:
64 ZOO LANE, a highly popular TV series airing on the Noggin TV Network, now represented by Earthworks for all merchandise licensing in the USA. New Property!
BIG DOGS, the 100 million dollars in annual sales franchise goes global with Earthworks developing an animated TV series and handling International merchandise licensing for the property. New Property!
CORNEIL & BERNIE, a top rated TV series airing on Nickelodeon's Nicktoons Network, represented by Earthworks for all merchandise licensing in the USA. New Property!
PLONSTERS, global hit TV Series, now being marketed in the US by Earthworks for TV, DVD & merchandise licensing. New Property!
LITTLE SUZY'S ZOO, the world class brand that generated 100 million dollars in the US in 2004, now marketed by Earthworks in all areas of merchandise licensing throughout the world. The Company expects that a number of deals ranging from apparel to diapers to direct retail marketing deals will be concluded in the near future. A TV Series is now in the pre-production stage. New Property!
WAGS & WHISKERS, new creation of renowned Suzy's Zoo artist Suzy Spafford, now being marketed worldwide by Earthworks. New Property!
KIDDO THE SUPER TRUCK, the new theatrical quality computer animated property, now marketed by Earthworks in the global marketplace for TV, DVD, publishing and merchandise licensing. Several direct-to-video episodes have just been completed and further animation is planned for a TV Series. New Property!
THE LITTLE REINDEER, the irresistibly charming, highly acclaimed new Christmas Special, is being introduced to the US market by Earthworks, which has the TV, DVD and merchandise licensing sales rights. New Property!
NINEDOG CHRISTMAS, our classic musical Holiday feature, will be broadcast on the Cartoon Network this Christmas and will be introduced to the global DVD marketplace by Warner Home Video this coming Holiday Season.
Z-FORCE, production continues on our fantastic action-adventure property which is targeted for a multi-platform marketplace introduction in 2006. Top toy companies, DVD distributors & merchandise licensees are Z-Force licensing candidates.
Please visit our website at www.EarthworksEntertainment.com to see our entertainment property portfolio, Company overview, and to play clips of our properties.
Earthworks Entertainment creates, produces, markets and distributes high quality children's and family oriented entertainment properties. The Company identifies entertainment properties that it believes have the greatest success potential in the global marketplace. It then develops and markets these properties in exchange for management, production and distribution fees and for a substantial percentage of the worldwide merchandise licensing profits.
These entertainment properties are marketed in all areas of commercial licensing including: TV & Home Video, Toys, Video Games, Music, Books, Leisure & Play Items, Gifts & Novelties, Theme Parks, Food & Drink Promotions and Apparel.
This News Release contains forward-looking statements which are subject to the safe harbor provisions of the Private Securities Litigation Act of 1995.
Due to the fact that Earthworks faces competition from other creators, producers, sellers, marketers, distributors and licensors, and due to the uncertainty of the public's response to Earthwork's children's and family entertainment properties, actual results may differ materially from such forward-looking statements.
