$WDRFF $WNDR Wonderfilm Announces Operational Update for 2019
Monday, February 11, 2019 4:30 PM
VANCOUVER, BC / ACCESSWIRE / February 11, 2019 / The Wonderfilm Media Corporation (TSX-V: WNDR), (OTC PINK: WDRFF), (FRA: 25Y), ("Wonderfilm" or "Company"), announced today an operational update for 2019.
2019 Operational Highlights:
Wonderfilm continues to move forward with due diligence and negotiating final terms on the three recently announced acquisitions. The process is proceeding positively toward the Company entering definitive agreements to close the transactions in the very near term. These acquisitions form the foundation of positioning Wonderfilm as a stronger media content creation company able to boast significant new online reach, access to emerging markets and a broadening revenue base.
Partnering with Grapevine Logic represents an evolution of the Company's online marketing reach, offering access to new social media technologies that will further monetize the Company's content creation and create conduits to further monetize the Company's growing library of productions.
Acquiring Starbury Media will expand Wonderfilm into sports and eSports promotion, production and distribution. This step into a fast-growing market segment is enhanced through the Grapevine acquisition and its significant social media reach.
Wonderfilm prepares to launch its own streaming movie channel directly into 100 million homes in the fall of 2019. This is a move that is also burnished though Grapevine's online marketing by generating an instant connection to a worldwide genre-film fan base.
Wonderfilm remains on track and is projected to meet the original $100 million production slate of 17 produced films set for the 2019 calendar year.
