Kew Media Group Wts (TSX:KEW.WT)
Historical Stock Chart
1 Year : From Jun 2018 to Jun 2019
KEW MEDIA GROUP Inc. (“KEW”) (TSX:KEW and KEW.WT) today announced that
it has completed the acquisition of Essential Media Group (“Essential”),
a leading independent producer of high quality content in a variety of
genres for broadcast networks worldwide.
“We’re very excited to be able to move forward as part of KEW Media
Group,” said Chris Hilton, Essential Media Group CEO. “We’re already in
co-production and distribution partnerships with KEW Media Distribution,
TCB Media Rights and Our House Media; and are co-developing with other
creatives and companies in the group. The synergies of being part of KEW
will transform our business."
“The addition of Essential to the KEW platform is another step forward
in our growth strategy. It expands KEW’s US offering and gives us a
first presence in Australia. We anticipate strong revenue synergies
coming from Essential’s inclusion for 2019,” said Steven Silver, KEW
Founder & CEO.
Forward Looking Statements
References in this news release to synergies that are expected to be
realized by Essential constitute forward-looking statements under
applicable securities laws. Such statements are based on current
expectations of KEW’s management, including that Essential will be able
to realize benefits by operating as part of the KEW platform, and
inherently involve numerous risks and uncertainties including, among
other factors, the risk that Essential will not perform or be integrated
as expected, as well as the risks in the section entitled “Risk Factors”
in the Company’s annual information form for the year ended December 31,
2017. Except as may be expressly required by applicable law, KEW does
not undertake any obligation to update publicly or revise any such
About KEW MEDIA GROUP INC.
KEW MEDIA GROUP is a leading publicly-listed content company that
produces and distributes multi-genre content worldwide. Companies
included in the KEW family are the production companies: Architect
Films, Awesome Media & Entertainment, Bristow Global Media, Campfire
Film & Television, Collins Avenue Productions, Essential Media Group,
Frantic Films, Jigsaw Productions, Media Headquarters, Our House Media,
Sienna Films and Spirit Digital Media; and the distribution companies:
Kew Media Distribution and TCB Media Rights.
With primary offices in London, Los Angeles, New York, Sydney and
Toronto, the KEW MEDIA GROUP companies develop, produce and distribute
more than 1,000 hours of content every year, as well as distribute a
library of more than 13,000 hours, to almost every available viewing
platform internationally. KEW aspires to offer great content from all
over the world to viewers of all ages and tastes. The company promotes
transparency, equality, respect, and inclusiveness and plans to grow
with the benefit of people from a wide range of perspectives and
About Essential Media Group
The Essential Media Group (EMG) is the newly formed international
content company from the merger of two leading independent production
companies and joint venture partners – Essential Media and Entertainment
and Quail Entertainment. Headed by CEO and Executive Producer Chris
Hilton and CCO and Executive Producer Greg Quail, EMG combines strong
credentials and track records in both scripted and unscripted content.
Essential Media Group has production offices in Sydney, Los Angeles and
Dallas Fort Worth.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180724005449/en/
KEW MEDIA GROUP INC.Madeleine CohenVP, Operations &