BOLDtv Corporation Signs LOI to be Purchased by Premier Publishing Group, Inc (OTCBB SYMBOL: PPBL)
BOLDtv Corporation,a provider of Internet television production and delivery announced signing of a Letter of Intent with Premier Publishing Group, LLC (OTCBB SYMBOL: PPBL) for the assets of BOLDtv Corporation to be acquired.
Online, June 25, 2010 (Newswire.com) - Totowa, NJ - Bold TV Corporation is pleased to announce that it has signed a Letter of Intent to have the company assets acquired by Premiere Publishing Group, Inc . Bold TV Corporation is an Internet Based Television Network and Production Company involved in the proprietary development, scripting and production of original cutting edge programming for distribution over the Internet. The company's web site address is www.myboldtv.com.
Mr. Dan Bruder, President of BOLDtv Corporation stated, "We are thrilled to become part of Premiere Publishing Group, Inc and look forward to having a powerful, long-lasting impact on the shareholder value of the company."
Mr. Omar Barrientos President of Premiere Publishing Group, Inc stated, "We see the acquisition of Bold TV Corporation as an integral part of our ongoing strategy to increase shareholder value thru the acquisition of several key assets over the next few years. We are excited to be involved in the Internet based television industry and we are highly motivated about the programming and potential that will come from our relationship with the professionals at Bold TV Corporation, Inc. We also would like to congratulate the team at Bold TV Corporation on today's launch of their flagship show "Who the Hell is Dan Bruder?" The show has already received critical acclaim from the music industry for its content and cutting edge production. The show has made its debut on both www.youtube.com and www.myboldtv.com."
Mr Barrientos further commented that, "Internet based entertainment is here to stay and we look forward to Bold TV Corporation to make its mark in this industry amongst other industry leaders in online video entertainment such as www.hulu.com and www.funnyordie.com."
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Tags: communications, media, production, television