WRIT Media Group, Inc. (WRIT) Year-End Review W
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Posted On: 12/30/2014 6:31:19 PM
WRIT Media Group, Inc. (WRIT) Year-End Review
WRIT Media Group operates through two separate divisions to focus on expanding its presence in the digital media industry. Front Row Networks is engaged in content creation while Retro Infinity, Inc. and Amiga Games, Inc. focus on “retro” video gaming.
Front Row Networks was established to acquire and distribute live concerts in 2D and 3D format for initial worldwide digital broadcast into digitally-enabled movie theaters. According to the company’s website, Front Row Networks’ business plan is to present live concerts at lower ticket prices, to license the content for various distribution channels, and sell merchandise, such as clothing, music downloads, etc., where the live concerts are exhibited.
Throughout 2014, WRIT Media’s activity has largely focused on its retro gaming division. Retro Infinity specializes in licensing classic computer and console video game libraries and adapts and republishes the most popular titles for smartphones, modern game consoles, micro-consoles, PCs, and tablets. The goal is to leverage platform and classic game brands and proprietary technologies to create new revenue from dormant game libraries.
Amiga Games shares resources with Retro Infinity to adapt and republish the most popular titles from the Amiga family of computers for smartphones, modern game consoles, micro-consoles, PCs, and tablets. WRIT Media leverages the Amiga brand along with game brands of the past and proprietary technologies to create new revenue from classic games that have proven their ability to sell very well.
In February, WRIT Media announced a deal with Microsoft in which Retro Infinity/Amiga Games delivered its first 11 preview games, available on Microsoft’s Apps for Windows store, and the potential to deliver between 50 and 500 classic game titles to Windows 8 and Windows Phone 8.
In the fall of 2014, WRIT Media announced its sponsorship deal with NASCAR via Rick Ware Racing. This deal was intended to leverage the reach of NASCAR’s nationally televised events as well as the social media campaigns surrounding these events to heighten the Retro Infinity brand. Retro Infinity used the sponsorship to display its brand on consumer gear and to steer consumers to various point-of-purchase opportunities, such as its website, app stores, iOS, Android and other mobile stores.
WRIT Media wraps up the year with key milestones in the books, including a $10 million equity line of financing and its acquisition of Amiga Games, and a software license agreement with long-standing industry player, Tommo, Inc.
For more information, visit www.writmediagroup.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
WRIT Media Group operates through two separate divisions to focus on expanding its presence in the digital media industry. Front Row Networks is engaged in content creation while Retro Infinity, Inc. and Amiga Games, Inc. focus on “retro” video gaming.
Front Row Networks was established to acquire and distribute live concerts in 2D and 3D format for initial worldwide digital broadcast into digitally-enabled movie theaters. According to the company’s website, Front Row Networks’ business plan is to present live concerts at lower ticket prices, to license the content for various distribution channels, and sell merchandise, such as clothing, music downloads, etc., where the live concerts are exhibited.
Throughout 2014, WRIT Media’s activity has largely focused on its retro gaming division. Retro Infinity specializes in licensing classic computer and console video game libraries and adapts and republishes the most popular titles for smartphones, modern game consoles, micro-consoles, PCs, and tablets. The goal is to leverage platform and classic game brands and proprietary technologies to create new revenue from dormant game libraries.
Amiga Games shares resources with Retro Infinity to adapt and republish the most popular titles from the Amiga family of computers for smartphones, modern game consoles, micro-consoles, PCs, and tablets. WRIT Media leverages the Amiga brand along with game brands of the past and proprietary technologies to create new revenue from classic games that have proven their ability to sell very well.
In February, WRIT Media announced a deal with Microsoft in which Retro Infinity/Amiga Games delivered its first 11 preview games, available on Microsoft’s Apps for Windows store, and the potential to deliver between 50 and 500 classic game titles to Windows 8 and Windows Phone 8.
In the fall of 2014, WRIT Media announced its sponsorship deal with NASCAR via Rick Ware Racing. This deal was intended to leverage the reach of NASCAR’s nationally televised events as well as the social media campaigns surrounding these events to heighten the Retro Infinity brand. Retro Infinity used the sponsorship to display its brand on consumer gear and to steer consumers to various point-of-purchase opportunities, such as its website, app stores, iOS, Android and other mobile stores.
WRIT Media wraps up the year with key milestones in the books, including a $10 million equity line of financing and its acquisition of Amiga Games, and a software license agreement with long-standing industry player, Tommo, Inc.
For more information, visit www.writmediagroup.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
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