Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : MSHE (MSH Entertainment) -- Ignore unavailable to you. Want to Upgrade?

To: recycle who wrote (1709)	10/29/1998 9:03:00 AM
From: Sisofsix2	Read Replies (2) \| Respond to of 2706

From AOL MSHE Board: Kaleidoscope Media Group Teams With Abrams/Gentile to Launch New "Micronauts" Animated Series NEW YORK--(BUSINESS WIRE)--Oct. 28, 1998--The partnership of Kaleidoscope Media Group and Abrams/Gentile Entertainment for the production and merchandising/licensing of a new "Micronauts" series has finalized agreements with toy manufacturer, Giochi Preziosi, and Canadian and European co-production partners Annex and Gribouille, to insure the start of production of the 26 half-hour series before the end of the year for delivery in Fall of 1999. The weekly series is based on the "Micronauts" toys which were the original male action figure toy line and in the 70's and 80's generated over $300 million in revenues. A comic book based on the "Micronauts" was introduced in the late 1970's and with over 175 monthly issues published it is by far Marvel's most serialized toy based comic. This year Marvel has introduced a new "Micronauts" series of comic books. "Micronauts" is a worldwide brand. Its characters and related artifacts have become major collectibles throughout the world. Over 100 "Micronauts" fan-based websites are currently on the World Wide Web and are included among PC Magazine's "Top 100 Websites." Abrams/Gentile Entertainment produces children's programs and is involved in toy development and design, licensing and merchandising. Among its shows are "Dragon Flyz," "Sky Dancers" and "Vanpires." It is headed by CEO, Marty Abrams; President, John Gentile; and Vice President, Anthony Gentile. Kaleidoscope Media Group (OTC BB:KMGG) (Frankfurt and Berlin Stock Exchanges:BNN) is headed by Henry Siegel, a pioneer in the television distribution industry. Siegel, who has a highly successful history in children's programming, has introduced more than 20 children's series including: "Care Bears," "Inspector Gadget," "Heathcliff," and "Sailor Moon." Giochi Preziosi, one of the top three European toy manufacturers, will be working with Abrams/Gentile in the development of the new technology-based toy line that will be introduced worldwide in early 2000. Annex Entertainment of Canada and Gribouille of France will be the production partners for the series. Annex, headed by Richard Borchiver, former president of Paragon, which launched numerous children's TV series including the Kratt's Creatures and Shari Lewis programs, has reached agreement with YTV to become the Canadian broadcaster. Gribouille, an innovative producer of animated and CGI product, will be the lead production entity. Didier Pourcel and Lloyd Nathan, the managing partners in the company, have recently partnered with Ellipse to produce the Excaliber series. Kaleidoscope Media Group Inc. is a vertically integrated sports and entertainment company with offices in New York and Los Angeles. Its operating companies are SeaGull Entertainment, Hollywood Connection, LLC (direct marketing) and Kaleidoscope Entertainment (sports). Its current sports properties include golf, ice skating, boxing and fitness. Kaleidoscope produces internationally recognized television programs including "Tarzan" (series) and "Merlin: The Magic Begins." This press release contains forward-looking statements which are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "will be" and similar expressions reflecting something other than historical fact are intended to identify such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. CONTACT: Richard Gersh Associates Inc., New York Dick Gersh, 212/757-1101 KEYWORD: NEW YORK BW1369 OCT 28,1998 10:32 PACIFIC 13:32 EASTERN