POW! Entertainment Inc. (fka POWN)

[Hole shot King]

Digital Domain's Chairman and CEO Launches a Share Incentive Scheme

Strives to Maximize the Value of the Group Through Concerted Effort and Long-term Engagement of the Management


Leveraging VFX's strong technical knowhow, DDHL has marked its official entry into the entertainment business through acquiring the VFX production business in July 2013. With a solid track record of more than 100 Hollywood movies and more than 1,000 advertising videos, music videos and games as well as partnerships with international film production houses and famous brands including Universal, Warner Bros., Disney, etc, DDHL is well-equipped for further business expansion in various aspects of the entertainment field. In the past year, DDHL has successfully forged a number of major strategic alliances to further diversify the Group's revenue sources and enrich its content portfolio, including the formation of a joint venture ("JV") company for the business of 3D-reproductions of Teresa Teng's image and the JV partnership with Immersive Media to create leading-edge immersive video content and services - IM360, etc. The overwhelming response on DDHL's latest project - Teresa Teng's 20th Anniversary Memorial Virtual Human Concert - has successfully showcased DDHL's expertise and strength in the entertainment industry. In addition, through the JV partnership with POW! Entertainment, DDHL is to develop, produce, and distribute projects based on certain characters and other content developed by POW! or by the two parties jointly for distribution around the world, marking a milestone for DDHL in becoming a major creative content provider. Looking ahead, the Group continues to explore other potential opportunities for the benefit of its shareholders and investors.


http://en.acnnewswire.com/article.asp?art_id=22388