Washington, DC, March 3, 2015 (GLOBE NEWSWIRE) -- RHN, The Real Hip-Hop Network today, announced that they have agreed to a partnership with BlackPool that is expected to allow Real Hip-Hop Network to launch initiatives that will place the company in an immediate position of dominance as a global provider of digital media and entertainment, focusing on Hip-Hop music, lifestyle and culture.
Atonn Muhammad, Real Hip-Hop Network's CEO, stated, "The partnership with Blackstone represents a key component in the Network's plan to consolidate key sectors in the industry essential for expansion and growth in the digital media and entertainment space." Abdul Aquil Muhammad, RHN, Vice Chairman, went on to say that "Blackpool's extensive experience and expertise in capital formation will give RHN the resources necessary to become a dominant force not just in cable television but also in hip-hop themed digital media and entertainment." K.W Ford, Real Hip-Hop Network, Chief Information Officer, stated that the music industry has been waiting for a technology company that can transform and deliver innovation by demonstrating means to create new revenue models, incorporating existing and emerging technology." "RHN will revolutionize how "The Music Business" introduces new talent to the market and deliver celebrity driven content across a variety of different platforms to include television, mobile, social networks and IPTV platforms, said RHN Music Group Chief, Benard Taft."
Commenting on the partnership, Jonathan Cross, BlackPool's President, said, "What attracted us to Real Hip-Hop Network, other than the fact that hip-hop is a multi-billion dollar industry at an inflection point, or the fact that the team at Real Hip-Hop has positioned the company to exploit the inflection point, is the company's plan to challenge the negative stereotypes pervasive in the hip-hop lifestyle and culture. Mr. Cross further stated, "The Real Hip-Hop team has patiently developed the company's infrastructure and assembled a board of directors and advisory board that is a veritable Who's Who in the Media and Entertainment Industry. We are extremely pleased to be a part of Real Hip-Hop Network; and coming in to assist the company in completing its initial public offering and advise on the further development and execution of a number of strategic initiatives that will redefine not only hip-hop, but also the Media and Entertainment Industry."
About Real Hip-Hop Network, Inc.:
Real Hip-Hop Network Inc. is currently in the process of completing its Initial Public offering.
RHN, The Real Hip Hop Network, a wholly owned subsidiary of Real Hip Hop Network, Inc. is a hip-hop themed technology company focused on the production and distribution of digital media and entertainment being delivered across multiple content distribution platforms to include Cable and Satellite Television, IPTV, Mobile, Smart TV's, Gaming Systems and other emerging content delivery platforms. RHN's mission is to challenge the excessive violence, misogyny and negative stereotypes pervasive in hip-hop culture and deliver an intelligent and positive alternative to the hip-hop world. Real Hip-Hop Networks focus is to introduce to the world what "real" hip-hop represents. RHN.TV reaches the 18-34 demographic with exciting, groundbreaking content, pulling from the 5 elements of hip-hop; Deejaying, Break-dancing, Emceeing, Graffiti and Knowledge, Wisdom and Understanding. RHN.TV is currently available on ROKU, GOOGLE TV, APPLE TV, mobile application and via web. For more information on where you can watch RHN in the United States check the web or call your local cable or satellite provider or log on to: www.rhn.tv or www.realhiphopnetwork.com.
BlackPool is a New York based Private Equity Firm that seeks to create positive economic impact and long-term value for investors, and companies. While focused on providing Private Equity Access to lower middle-market companies and individual investors, BlackPool provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory. Further information is available at theblackpoolgroup.com.
Safe Harbor This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Omega Commercial Finance Corp., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential", "project" and similar expressions are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those projected in the forward-looking statements.
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Source: REAL HIP-HOP NETWORK, INC.