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Global Entertainment in Development on Two Motion Picture Projects

LOS ANGELES, June 23, 2015 (GLOBE NEWSWIRE) -- Global Entertainment Holdings (OTC:GBHL) has announced that its subsidiary, Global Universal Film Group, is in development on two motion picture projects scheduled for production in late 2015 and early 2016.

'Rockland Boulevard' is a fast paced boxing movie that takes place in the nitty-gritty world of prize fighting and is a heartwarming and ultimately redemptive story of two downtrodden souls brought together by fate. Both are "punch drunk"; one from too many hits to the head, the other from too many hits to the heart.

In announcing the picture, producer Jackie Giroux stated, "The beauty of 'Rockland Boulevard' is that in one scene the audience will be cheering for their favorite boxer to win the fight, and then in the next, crying over the character's loss of innocence."

The second project, "Mavericks In Toyland", is a wicked, dramedy/biopic detailing the lives of two of the toy industry's most competitive lions. Events in the story are true and the world of toy invention is undeniably fascinating. The story is anchored in an easily digestible character drama between two rival toymakers, but is essentially about the friendship of the two.

Gary Rasmussen, CEO of Global Entertainment, commented, "As in the case of all of our film projects, we strive to produce high quality motion pictures with compelling and appealing stories that can capture a worldwide audience. At the same time, we are always conscious of minimizing the investment risk associated with film production and intend to make judicious use of mitigation techniques such as government incentive programs, deferrals and selected pre-sales and/or minimum distribution guarantees. In this way, we can be confident that award winning film projects will be commercially viable and profitable."

About Global Entertainment Holdings, Inc. (OTC:GBHL)

Global Entertainment Holdings is a publicly-held, entertainment company with the goal of building a worldwide entertainment and media organization with subsidiaries, affiliates and/or joint venture partners engaged in various aspects of the media and entertainment businesses. GBHL operates primarily through its wholly-owned subsidiaries of Global Universal Film Group (Film Production & sales), Global Entertainment Media (media content delivery; the "i-HUB"), Global Entertainment Film Fund, LLC (Film Slate Financing), You've Got the Part (Social Media) and WW Digital Marketing Group (WeedWeb). GBHL is determined to stay on the cutting edge of social networking and media distribution through its wholly-owned subsidiary, You've Got the Part, Inc. plans to capitalize on the current popularity of Hollywood and reality-based programming by offering participants a chance at small speaking roles online, in a real Hollywood movie or video production, for which anyone with access to a Smartphone or a digital camera can apply. The Company also utilizes joint ventures to maximize revenue while reducing equity exposure. For more information on GBHL, please visit: http://www.Global-GBHL.com.

CONTACT: Global Entertainment Holdings, Inc. Email: Info@Global-GBHL.com Address: c/o Raleigh Studios Lot 5300 Melrose Avenue Bronson Bldg., Suite B116 Hollywood, CA 90038 Office: 877.807.8880 Fax: 818.827.0900

Source:Global Entertainment Holdings, Inc.