LOS ANGELES, Nov. 5, 2014 (GLOBE NEWSWIRE) -- Verde Media Group Inc. (OTC:VMGI) Entertainment Division is in current talks to acquire additional intellectual property rights for development and distribution aimed at the international reality television market. The deal will also bring executive level human resources to the team for rapid growth of Entertainment Division.
The packaging deal in place with Excelsior Entertainment for the distribution, future production, and sales of the companies' reality television show Cowboy Mining that was shot on location in Hermosillo Mexico is moving forward positively. The series is being packaged for the Hispanic market targeting a bi-lingual audience that is represented by major cable distributors that have both English and Spanish channels that are broadcast in North America and South America.
Cowboy Mining follows the crew at Globexplore Drilling as they drill thousands of feet below the earth's surface to hit apple-sized targets delivering valuable mineral samples of gold, silver, copper and other high-value minerals so that the next "world-class" discovery can be made. (www.globexploredrilling.com)
Verde Media Group President, William Veve stated, "The move to acquire additional IP that is connected to top level executive management for the Entertainment Division will give Verde the ability to leverage the future success of Cowboy Mining and deliver outstanding content with an established team."
About Excelsior Entertainment
Excelsior Entertainment was established in 2011 from the success of The Raw Sessions. The show was sold to RTE and Sony Ericsson and inked worldwide distribution with Endemol. Excelsior Entertainment partners with artists and producers in film, television, web, mobile, live event, commercial and music video production. These unique partnerships and talented individuals, combined with Excelsior's management experience, deliver eye-catching and attention-grabbing content.
Visit Excelsior Entertainment at- www.excelsior-entertainment.com
About Verde Media Group Inc.
Verde Media Group Inc. is a publicly traded company listed on the OTC Markets trading under the stock symbol: VMGI. Verde Media Group Inc. The company consists of three divisions:
Agency Division- The innovative Agency division services- public relations, marketing, and transaction functions for corporate clientele.
BioTech Division- The Biotech Division manages a portfolio of biotech companies and the VMBD division undertakes the business of developing and producing high value bio-products from renewable biomass. The focus and criterion is to develop proprietary microbial technologies with low risk scale-up methods employing low cost feedstock.
Entertainment Division- The company operates a managed media company with production, distribution, development, and acquisition functions for film and television.
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The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions.
CONTACT: Verde Media Group, Inc., 310-954-9160 Email: firstname.lastname@example.org
Source:Verde Media Group