Get Real USA, Inc. to Acquire Significant Ownership Interest in "NOW TV LIVE", the First Ever Live-Streaming Online Television Network and Video Creation Studio
Get Real USA, Inc. (OTC: GTRL.PK) will acquire a total of twelve and one-half percent ownership interest in Now TV Live, the first live-streaming online TV Network to Distribute Its Content Globally through the Machinima Video Network and YouTube.
BEVERLY HILLS, Calif., May 16, 2012 /PRNewswire/ -- Get Real USA, Inc. (PINKSHEETS: GTRL) announced today that it has agreed to acquire a significant equity ownership interest in the new "Now TV Live" streaming online television network.
Now TV Live believes it will be the first ever live-streaming television network distributed through the Machinima/YouTube platform. The Network will produce content in its own state-of-the-art video studio in North Hollywood, California.
Mr. Aaron Johnson , Chairman of Get Real USA, Inc. said, "What makes the launch of this new network so exciting is the instant access we'll have to the huge audience of active Machinima viewers as well as their existing subscriber base of over one hundred-twenty million people."
According to research company comScore, Inc., "In 2011 more than 100 million Americans watched online video content on an average day, with over 43.5 billion video streams delivered in December 2011 alone."
For the month of April 2012 Machinima viewers watched over 1.6 Billion videos, making them the number one all-time Entertainment Channel on YouTube. Machinima properties are found across the largest global distribution platforms including YouTube, Facebook, Twitter, iOS and Android.
"Get Real USA currently owns 3.21% of Now TV Live. Once this new agreement is finalized the Company will own a total of 12.5% of the Network. The revenue model is to produce sponsored content that has the potential to earn Now TV Live millions of dollars annually. We will profit in proportion to our ownership interest in Now TV Live," added Mr. Johnson.
About Now TV Live:
Now TV Live was founded by entertainment professionals who have relationships with both the traditional TV networks and online networks, like Machinima.
The goal of Now TV Live is to provide television-worthy, high quality programing on the Internet to view on computers, smart phones, iPads and other tablets to a worldwide audience. In the future, Now TV Live also plans to provide streaming directly to TV sets.
Visit: www.NowTVLive.net to view a clip of the upcoming programming featured by Now TV Live.
ABOUT GET REAL USA, INC.
Get Real USA, Inc. (GTRL.PK) is in the business of producing low budget, high quality genre pictures using recognizable name talent. GTRL's business strategy is to work with highly skilled producers and directors who also offer fierce attention to risk assessment and cost management.
The Company's goal is to create a strong production pipeline while taking advantage of new technologies, production efficiencies and value-added enhancements such as innovative and edgy marketing strategies.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the Company's control.
Aaron Johnson Chief Operation Officer
SOURCE Get Real USA, Inc.
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