InvestorsHub Logo
icon url

No1Uknow

01/01/21 11:11 AM

#25617 RE: HighStandard #25616

WEST HOLLYWOOD, Calif., Jan. 1, 2021 /PRNewswire/ -- Broadside Enterprises, Inc. (OTC:BRSE) ("Broadside" or the "Company") has acquired 100% of the membership interests in MonteCristo International Entertainment, LLC ("MCI") (www.montecristoentertainment.com).

MCI, founded in 2005, is one of the leading boutique film sales agents with a library of over 100 feature films and attends major and specialty film markets throughout the year, including the Berlin Film Festival, the Marché du Film and Mipcom in Cannes and the American Film Market in Los Angeles.

As part of the transaction, Michael Taverna will become CEO of the Company and Cindy Nelson-Mullen will take the position of COO. Christopher Petzel will remain as Chairman. All three executives will serve on the Company's board of directors.

"After 15 years of attending all markets and most festivals, and reaching over 100 feature films under management, MonteCristo is responding to the deep transformation of the sales agency business brought about both by new technology and COVID, with a renewed commitment to producers worldwide," said Mr. Taverna.

Additional information about Broadside can be found in the Company's reports and filings at www.OTCMarkets.com, on the Broadside website at www.broadside-enterprises.com and on Twitter at @brse_news.

NOTES ABOUT FORWARD-LOOKING STATEMENTS

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's reports and filings at http://www.OTCMarkets.com.