On Tuesday, the Company announced the acquisition of 86.6 percent of the outstanding shares of Framepool AG (www.framepool.com), a company with three operating subsidiaries in the United States, the United Kingdom and France and staff in Munich, Los Angeles, New York, London and Paris.
Framepool collects, selects and prepares high quality video footage from TV, movie or commercial film producers and sells licenses to its growing library of over one million clips, one of the world's largest, to its 3,500 active customers, among them the most prominent advertising agencies, broadcasters, film studios and production companies. It also provides rights clearance and indemnification services, has commenced providing production services for footage intensive documentaries and is moving into the licensing of stock photography.
Broadside will consolidate Framepool's financials from the fourth quarter of 2016. The Company plans to continue to grow rapidly through organic growth and additional corporate acquisitions.
Additional information about Broadside Enterprises can be found in the Company's reports and filings at www.OTCMarkets.com, on the Broadside Enterprises website at www.broadside-enterprises.com and on Twitter at @brse_news.
About Broadside Enterprises, Inc.:
Broadside Enterprises, Inc. (OTC: BRSE), based in Irvine, California, is a publicly traded company with two divisions: Entertainment and Ventures.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's reports and filings at http://www.OTCMarkets.com.
Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made.
SOURCE Emaji, Inc.