$UMAX ACCESSWIRE / December 27, 2021 / UMAX Group
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After the acquisition of Funny Media Group in May 2021, UMAX has now fully transitioned into comedy development as the vehicle to achieve a cash-flow positive operation and to provide the best return on shareholder's investment.
Rondell Fletcher (UMAX President and CEO), who has been producing content for more than 19 years, says that Foundation will become a great partner.
"We couldn't have asked for a more dedicated and experienced group of professionals," Mr. Fletcher says.
As part of its deal with Foundation, Funny Media Group has developed a new format called "The Cube"-30-minute episodes featuring 15 minutes each from two select comedians.
"The Cube allows us to highlight the work of some of our funniest comedians," Mr. Fletcher says.
Since beginning the shows in May 2021, FMG's YouTube channel has racked up over 1.5M views over only 40 shows. Two hundred shows have been taped, with 160 remaining to be released.
"The response has been fantastic," Mr. Fletcher says.
Mr. Fletcher has an extensive background in production and media. He has owned his own production studio in Los Angeles for the past 19 years and has produced national shows for CNN, FOX, Food Network and Comedy Central, among others.
The short-term goal for Funny Media Group is to produce content for streaming services such as Netflix and Amazon with the long-term goal of building a large media catalog for acquisition.