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The Company marketed its motion picture products and distribution businesses under several names (”brands”) including Lux Digital Pictures, Midnight Movies, New Broadway Cinema and Short Screams.
The Company expected to compete in today’s entertainment industry by controlling costs of production and distribution by outsourcing most functions to third parties and using, primarily, online marketing tools to promote its products and further its digital strategies
StreamTrack CEO Michael Hill stated: "This Agreement gives StreamTrack a fully functional daily fantasy sports platform along with a powerful alert based system for multiple sports. With www.sportsalert.com we not only acquire a valuable and familiar domain but we also acquire an active member base of over 100,000 registered users, and immediately have reach into a highly synergistic audience with daily fantasy sports. Furthermore, completing this deal is a major step forward in strengthening the Company's relationship with Global Gaming Network (GBGM.PK), who has agreed to apply the Amped Fantasy brand to its business applications for casinos, restaurants, clubs and sports bars."
April 27, 2015 (GLOBE NEWSWIRE) -- StreamTrack, Inc. (STTK) ("StreamTrack" or the "Company") today announced that it has entered into an Exchange and Asset Purchase Agreement with Lux Digital Pictures GmbH Partners (Lux).