Wednesday, October 29, 2014

WRIT Media Group, Inc. (WRIT) Portfolio Demonstrates Strong Growth Pattern

Through a series of strategic acquisitions completed over the course of roughly four years, WRIT Media Group has emerged as a diversified entertainment company with a portfolio of alternative theatrical, mobile and interactive content.

WRIT was founded in 2007 to produce films, television programs and entertainment programs for various media formats. Three years after its incorporation the company acquired content creation company Front Row Networks and restructured its senior management team. In August, 2013, WRIT further expanded its portfolio with the acquisition of Amiga Games, which shares resources with the company’s third subsidiary, Retro Infinity Inc.

Front Row Networks produces, acquires, finances and distributes live concerts in 2D and 3D format for initial worldwide digital broadcast into digitally enabled movie theaters. Following the initial theatrical showing, the company licenses distribution rights to DVD and Blu-Ray retailers, TV broadcasters, cable and emerging 3D cable channels and mobile streaming providers.

The subsidiary also secures and distributes non-concert alternative theatrical programming, such as animations, documentaries and other gaming content that can be distributed via mobile and Internet platforms. The overarching goal is to expand Front Row Network’s content library via acquisition of a broad range of exclusive programming rights; financing all or part of the production of these entertainment programs,; acquiring the rights to completed projects and content catalogues; or acquiring the companies that own or control content catalogues.

Amiga Games and Retro Infinity are partnered to adapt and republish popular titles from the reputable Amiga family of computers for smartphones, modern game consoles, micro-consoles, PCs and tablets. WRIT leverages the Amiga brand name, along with game brands of past and proprietary technologies, to create new revenue from classic games that once achieved high sales volume.

Retro Infinity’s specialization is in the licensing classic computer and console video game libraries as well as in the adaption and republication of the most popular titles for smartphones, modern game consoles, micro-consoles, PCs and tablets. The company leverages platform and classic game brands together with proprietary technologies to revive revenue opportunity from now-dormant game libraries.

WRIT continues to seek growth and market penetration opportunities and in September launched online stores for Retro Infinity (www.RetroInfinity.com) and Amiga Games (www.AmigaGamesInc.com), enabling the companies to market their gaming titles directly to consumers.

For more information, visit www.writmediagroup.com

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