[b]$GFMH[/b] .074 Goliath Acquires Catalog of Faith Based Films
LOS ANGELES, [b][color=blue]Oct. 9, 2012[/color][/b] /PRNewswire via COMTEX/ -- (GFMH) Goliath Film and Media Holdings Inc. (GFMH) (the "Company" or "Goliath") is pleased to announce that it has acquired a catalog of seventeen faith based films. Historically, faith based films have been one of the leading categories of films based on investment returns.
According to a 2011 study conducted by the Christian-focused entertainment advocacy group MovieGuide , American audiences preferred movies with strong conservative content and values over movies with liberal or left-leaning values by an almost six-to-one margin. In fact, Movieguide's report asserts that the Christian-motivated movies, on average, earned four times as much in box office returns - $64.3 million as opposed to $15.9 million for films in other non-Christian genres.
CEO Lamont Roberts stated, "This catalog acquisition is an exciting development for Goliath. Faith based libraries like this are hard to come by and always represent strong returns".
About The Company
Goliath Film and Media Holdings focuses on developing and distributing film content in the United States and internationally. Goliath also develops various types of film content, such as education, faith-based, and socially responsible minority content. The company also specializes in developing and acquiring films, along with developing screenplays with the intent of outsourcing the production to a separate entity with an agreement for Goliath to distribute the specific film(s). Goliath based in Los Angeles, California licenses films through a distribution network of exhibitors, distributors, and television networks.
