QualityStocks would like to highlight WRIT Media Group, Inc. (OTCQB: WRIT). The company produces films, television programs, and entertainment programs for various media formats. WRIT Media Group owns Front Row Networks, a content creation company providing production, distribution, and financing of live concerts, music documentaries, and family programs for theatrical and ancillary distribution; and the “retro” video gaming companies, Retro Infinity Inc. and Amiga Games Inc. which are leading videogame publishers of classic games, including the Amiga brand, for a wide range of smartphones and mobile devices.
In the company’s news,
WRIT Media Group is focused on expanding in the digital media industry. The holding company currently operates under two different divisions: content creation via Front Row Networks, and “retro” video gaming via Retro Infinity Inc. and Amiga Games Inc.
The company’s Front Row Networks subsidiary produces, acquires and distributes live concerts in 2D and 3D format for initial worldwide digital broadcast into digitally-enabled movie theaters. In addition to presenting live concerts to massive audiences at lower ticket prices, Front Row Networks will license the content for many different distribution channels and sell merchandize where the live concerts are exhibited. The subsidiary also secures and distributes non-concert alternative theatrical programming and aims to acquire the broadest range of rights for exclusive programming.
Retro Infinity specializes in licensing classic computer and console video game libraries and adapts and republishes the most popular titles for smartphones, modern game consoles, micro-consoles, PCs, and tablets. The company leverages platform and classic game brands, coupled with proprietary technologies, to create new revenue from dormant game libraries.
Amiga Games Inc. shares resources with Retro Infinity to adapt and republish the most popular titles from the Amiga family of computers for smartphones, modern game consoles, micro-consoles, PCs, and tablets. WRIT Media Group leverages the Amiga brand along with game brands of the past and proprietary technologies to create new revenue from classic games that have proven their ability to sell very well.
Together with its subsidiaries, WRIT Media Group is well positioned to benefit from the market growth and increased demand for alternative theatrical, mobile, and interactive content.
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