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CKrush (fka CKRU) RSS Feed

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Company Website http://www.ckrush.net/ Ckrush, Inc. (OTC: CKRH) was founded in 2004. The flagship division Ckrush Entertainment, was formed in July 2004, with three vertically-integrated divisions: Ckrush Entertainment, Ckrush Sports, and Ckrush Direct. At its inception, Ckrush was reaching the consumption powerhouse of men, ages 18-44, with its televised sports business. This was quickly supplemented by the launch of Ckrush Entertainment, which focuses on film properties appealing to this target. This target demographic of more than 15 million (and counting) in the US alone, with total spending conservatively estimated at $200 billion a year. Ckrush Entertainment, the company’s flagship division, has accomplished what few, small independent production houses have achieved – inside of eighteen months it has managed to produce three feature films, taking them from development through production. CKRUSH ENTERTAINMENT — Full Featured Independent Film Distribution As the company’s premier division, Ckrush Entertainment is on its way to becoming a player In the world of independent film. Following the model of other successful production companies like Lions Gate Entertainment, Ckrush Entertainment is building out the development, production, and distribution of independent films. The Ckrush filmmaking operations, as well as its efforts to develop programming for television, will benefit from the new Sections 181 and 199 of the Internal Revenue Code. Section 181 permits qualified films or television productions with aggregate costs of less than $15 million to expense all production costs in the year incurred, and Section 199 allows taxpayers to deduct up to 9% of “qualified production activities income” for the taxable year. The company’s accomplishments in shepherding “Beer League ” through development, financing, production, and distribution perfectly illustrate the capabilities of the Ckrush management team. The film, which stars Artie Lange , wrapped up on time and on budget – an accomplishment for a new, independent company – and is anticipated to be one of 2006's breakout hits! Ckrush struck a domestic theatrical distribution deal with Echo Bridge Entertainment, which is targeting a summer release. The company’s success in producing “Beer League” lhas led to other exciting projects in the Ckrush pipeline. CKRUSH SPORTS Ckrush Sports is taking steps to expand into a variety of sports. In the near term, it is focusing its promotional strengths on boxing, by continuing to: Promote professional boxing events and fighters Provide event management by securing venues and coordinating promotions Acquire and develop talent Match contenders Pursue TV licensing and pay-per-view deals Package events for ESPN2 and Showtime Ckrush Sports, Inc. Announces Agreement with Boxing Legend Lou Duva Ckrush Sports announced today that it has entered into a consulting agreement with Hall of Fame trainer and world renowned boxing personality, Lou Duva (“Duva”). Under the one-year agreement, Duva will perform various boxing related services for Sports such as: advising on general boxing business matters, athletic talent and strategy. Mr. Duva, one of the most respected men in the sport, has guided the careers of numerous World Champions including Evander Holyfield and Pernell Whitaker. He was admitted to the Boxing Hall of Fame in 1998. “Ckrush Sports, Inc. is proud to welcome such an esteemed member of the boxing community to our family,” said Jim DiLorenzo. “His achievements speak for themselves and he is one of the industry’s greatest ambassadors. Having Lou Duva join our team is truly an exciting development for Ckrush Sports.” Recent News: ============================================================== Ckrush Entertainment, Inc. Announces Feature Film 'TV the Movie' Completes Principal Photography Monday August 29, 9:53 am ET http://biz.yahoo.com/bw/050829/295503.html?.v=1 ============================================================== Ckrush Entertainment, Inc. Announces Feature Film 'Beer League' Completes Principal Photography August 19, 2005 http://biz.yahoo.com/bw/050819/195223.html?.v=1 ============================================================== Form 10QSB for CEDRIC KUSHNER PROMOTIONS INC 16-Aug-2005 http://biz.yahoo.com/e/050816/ckpi.pk10qsb.html ================================================================ Cedric Kushner Promotions, in Association with Warriors Boxing Promotions, Announces Major Heavyweight Event Featuring Briggs vs. Mercer, Tua and McCline in Separate Bouts on Showtime Pay-Per-View August 26. August 10, 2005 http://biz.yahoo.com/bw/050810/105265.html?.v=1 ============================================================== Ckrush Entertainment, Inc. Announces Feature Film 'Beer League' Commences Principal Photography July 13, 2005 http://biz.yahoo.com/bw/050713/135289.html?.v=1 ============================================================== Ckrush Entertainment, Inc. Closes on Joint Venture with Identity Films July 5, 2005 http://biz.yahoo.com/bw/050705/55358.html?.v=1 ============================================================== Cedric Kushner Promotions, Inc. Announces Former Linear Heavyweight Champion to Headline ESPN2 card on June 10 June 2, 2005 http://biz.yahoo.com/bw/050602/25359.html?.v=1 ============================================================== Ckrush Entertainment, Inc. Completes Deal with Feature Film, `'Bittersweet Place' May 31 2005 http://biz.yahoo.com/bw/050531/315885.html?.v=1 ============================================================== SEC CHARGES CEDRIC KUSHNER PROMOTIONS AND THREE OF ITS OFFICERS AND DIRECTORS WITH FRAUD (March 24, 2004) http://www.sec.gov/litigation/litreleases/lr18638.htm http://www.sec.gov/litigation/complaints/comp18638.htm ============================================================== CONTACT CKRUSH INC Ckrush, Inc. 336 W. 37th St. Suite 410 New York, New York 10018 Phone: (212) 564-1111 Fax: (212) 564-4799 Email: info@ckrush.net
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