Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for media industry professionals · Thursday, March 28, 2024 · 699,596,748 Articles · 3+ Million Readers

WOW! Unlimited Media Featured in L.A. Times Article

TORONTO and VANCOUVER, British Columbia, Nov. 21, 2018 (GLOBE NEWSWIRE) -- WOW! Unlimited Media Inc. (“WOW!” or the “Company”) (TSX-V: WOW / OTCQX: WOWMF), the next generation kids and youth entertainment company, was featured in the L.A. Times article titled “Netflix and Amazon spark animation revival, spending heavily in quest for binge-worthy shows”.

WOW! Unlimited Media's Castlevania
Castlevania on Netflix


WOW! Unlimited Media Inc. executives Fred Seibert and Michael Hirsh are featured in the L.A. Times news article written by Wendy Lee. WOW!’s “Castlevania” was scooped up by Netflix and released last year.  The show immediately became a hit and was recently extended for a third season. The article discusses how Hollywood’s “rising digital powers” are rapidly increasing their spending on new animation content. According to the article, this year Netflix is expected to spend $1.1 billion, 11% of its overall original content budget on animation. Likewise, Amazon plans to spend $300 million this year, representing 10% of its budget.  Disney is also investing in launching its own streaming service that will provide a new platform for family friendly shows. The spending is a boon for the animation industry.

To view the full article, visit:
http://www.latimes.com/business/hollywood/la-fi-ct-animation-streaming-20181118-story.html

About Wow Unlimited Media Inc.

WOW! is creating a leading next generation kids and youth entertainment business by focusing on creating top end content, and by building and partnering with the most engaging platforms. The Company's key assets include: Frederator Networks Inc., which includes the world's #1 digital animation network, Channel Frederator Network, Frederator Studios, an animation production company, as well as video-on-demand channels on digital platforms; and one of Canada's largest, multi-faceted animation production studios, Mainframe Studios, which produces animated television series and long-form animated features.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Further information available at:
Website: www.wowunlimited.co

SOURCE: WOW! Unlimited Media Inc.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0df2b367-c109-4b04-9c9b-1cebedf120fa

Contact: 
                    Bill Mitoulas 
                    Investor Relations
                    Tel: (416) 479-9547
                    Email: billm@wowunlimited.co

wowlogo.jpg

Powered by EIN News
Distribution channels: Culture, Society & Lifestyle


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release