BEVERLY HILLS, CA --(Marketwired - January 06, 2016) - Moving into the New Year, Big Screen Entertainment Group (
First, BSEG is excited to announce the formation of BSEG Holdings. The purpose of this company will be to oversee the development, structuring and financing of numerous subsidiaries under the Big Screen Brand.
The production, film, television, commercial service division as well as the distribution division will now be under Big Screen Pictures. Big Screen Pictures has been actively developing new projects with several production companies in China as well as Red Granite Pictures in the US. "We are continuing on expanding our distribution and production into the Asian market place under its partner Fairfax Entertainment Group," stated BSEG Chairman and CEO of Fairfax, Dr. Jimmy Jiang.
BSEG Holdings is focused on expanding into education, including building a university for foreign exchange students, known as American Big Screen Education.
BSEG Holdings is also overseeing Big Screen Media, focusing on advertising, web-series, film events and festivals, marketing partnerships, expansion as well as an international New Media company.
Big Screen Merchandising is another new subsidiary formed under the BSEG Holdings brand. Big Screen Merchandising is focusing on generating a multitude of revenue producing activities from artist skin-care's products to fashion to new technology, apps and partnerships with companies in China and the US. "BSEG Holdings has formed two new alliances with manufacturing companies to date," stated BSEG Chairman, Dr. Jiang.
Additionally, BSEG Holdings will have a subsidiary focused on the capital markets side of the company, dedicated to meeting new investors and potential business partnerships both in the US and abroad.
"Our long term goal has been and remains the same: to move the company from its current listing on the Pink Sheets up the tiers and eventually to NASDAQ. In order to achieve management goals and visions for the Company, we have been and will continue on launching numerous revenue generating ventures," stated BSEG CEO, Kimberley Kates.
"Through strong entertainment industry growth factors in the rapidly expanding Asian entertainment markets, BSEG Holdings aims to grow its presence in entertainment and other media technologies both domestically and globally," said Dr. Jiang in a recent Board Meeting held with Management.
A new website with more details of the BSEG Holdings various subsidiaries will be launched this January.
OTHER BSEG NEWS:
BSEG Management wishes to congratulate its CEO, Kimberley Kates on her Golden Film Award for Best Producer, as well as The Deka Bros. for their Visual Effects Golden Film Award and Dr. Bruce Lee for Best Composer for their work on BSEG's "Mosquito Man," being released on January 12, 2016.
Lastly, financial reports will be posted to OTC Markets by January 15, 2016.
ABOUT BIG SCREEN ENTERTAINMENT GROUP (
Forward-Looking Statement: A number of statements contained in the press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. When used in this press release, words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements.
Contact: Suming Chu 323.654.3400
