LOS ANGELES, Aug. 16, 2012 /PRNewswire/ -- IC Places, Inc. (OTCQB:ICPA) IC Places, Inc. is pleased to announce that it has signed a seven year International Syndication Agreement with Spartan Bay. Under the agreement Spartan Bay will generate additional revenues for IC Places by syndicating and distributing IC Places programming to television, DVD, in-flight and educational outlets worldwide.
"The U.S. accounts for around 75% of all worldwide television program exports. There is a proven desire for our content in these markets," said Steven Samblis, Chairman of IC Places, Inc. "Spartan Bay has a proven track record in dominating these markets. We are very excited to have them take the International reigns for us."
"We are very excited to be partnering with IC Places and we want to emphasize 'Partnership' as we look forward to providing the global media market with high quality engaging programs in addition to building the IC Places brand throughout the Universe to expand growth potentials beyond the Domestic borders," said Robert Yu, Chairman of Spartan Bay.
About Spartan Bay
Spartan Bay is an elite International sales company with established relationships with the top buyers, distributors & broadcasters in every territory on the Planet. Founded by two of the leading distribution professionals in the film and television industry - Robert Yu and Adam Welles.
Robert Yu has nearly two decades of experience in the motion picture industry including Marketing, Sales & Distribution, Acquisitions, Production, and Development. He was most recently the Senior Vice President of ICAP Media overseeing all day to day operations reporting directly to parent company ICAP, a multi-Billion Dollar publicly traded company. His experience includes heading acquisitions for PorchLight Entertainment and Cinemavault Releasing. Robert has handled thousands of films including HENRY'S CRIME starring Keanu Reeves, James Caan, and Vera Farmiga; SWINGING WITH THE FINKELS starring Mandy Moore and Martin Freeman; LUCKY starring Collin Hanks and Ann-Margaret; MISS NOBODY starring Leslie Bibb, Kathy Baker and Brandon Routh; and INTERVIEW starring Sienna Miller and Steve Buscemi. Robert Yu began his career in Entertainment in marketing and international sales at Paramount Pictures and Alliance Atlantis respectively.
Prior to Robert Yu's career in the film industry, he successfully built an overseas English education business with his partners, the Central Language Institute, with onsite classes at corporate offices. His innovative vision and ability to negotiate deals at the highest levels enabled him to secure accounts with the largest corporations in the world including Levis, TGI Fridays, Warner Music and Samsung. As English is the Universal language of business, these courses were of top priority to many of the top to mid level executives, which commanded top Dollar or Won. He then successfully branched out and established the first English Summer Camp in the country of Korea – 24/7/3 month language immersion - thus creating an established brand which increased the value of the company. Today, it is the standard and emulated by the top educational companies in Korea. Robert sold his shares in the business in 1998 to start his new venture into the Entertainment Industry.
Adam Welles, President, International Sales Adam Welles served as Vice President of Worldwide Sales for ICAP MEDIA which licensed films such as HENRY'S CRIME; SEE YOU IN SEPTEMBER starring Whoopi Goldberg, Esetella Warren and Justin Kirk; the heartwarming family film FIRST DOG featuring Eric Roberts along with a library of over 1,000 feature films and television programs. He started at Roger Corman's Concorde/New Horizons film company in 1995 as Director of International Sales and was promoted to Vice President of Worldwide Distribution, responsible for sales of such feature films as FIRE ON THE AMAZON starring Sandra Bullock, Craig Schaeffer; Dean Koontz's WATCHERS III and a library of 420 thrilling titles featuring Martin Sheen, Paul Bettany, Stephen Baldwin, Jennifer Love Hewitt and many more. Adam's career includes Vice President of Sales for Quantum Entertainment and Fries Film Group where he handled hundreds of films and television programs including a slate of MOWs made for the Lifetime Channel; LEGACY with David Hasselhoff; CONTROL with Sean Young; VLAD with Billy Zane; CALL OF THE WILD with Rutger Hauer; SILENCE with Vincent Spano; and NUMB starring Matthew Perry.
About IC Places
Uniquely sensitive to the fact that the world's populations want to access its entertainment, when, where, and how they want it, IC Places is a transmedia entertainment complex that produces entertainment content for distribution across multiple mediums.
On August 11th IC Places announced it had completed the purchase of Punch TV Networks, giving the company a broadcast TV network available in 50 million households. This network is growing every month. In August 2012 the network expanded into New York and Houston TX adding 14 million households. Punch TV Network has a roster of original programing which includes 36 new dramas, comedies, variety shows, talk shows, children's shows, and inspirational entertainment.
Through multiple long term partnerships, clips and full episodes of the company's shows are available to more than 300 million people a month outside the traditional set top box. This exposure serves as both a profit center and marketing component promoting the TV Network, its line up and the company's new media specific programming across multiple platforms.
One of the core components of this multiple platform approach is IC Places 350 city-based websites. These online "websites/TV stations" offer virtual keyhole views of life in each community they serve. These sites offer local, regional and National news as well as programing. They deliver Punch TV to communities in which the network is not currently available through traditional means.
In May of 2012 IC Places signed a content distribution and development agreement with Clear Channel's new Clear Vision Airport Network. Upon full rollout, Clear Vision will offer a 24/7 day part television network at every gate in 260 airports which will be seen by 1.8 billion travelers a year. IC Places TV shows will run across this network in their full format. This ad based network offers IC Places another revenue stream for the shows it produces as well as additional exposure for its products.
Additional partnerships deliver IC Places content to Checkout TV Network, HDTV network, Dining Network further expanding its footprint in breadth and depth to levels unimaginable as recent as a decade ago.
To complete its reach, IC Places signed a 2nd window and International distribution agreement with Spartan Bay, a company that will profitably deliver IC Places shows to markets around the world.
Through the long arm reach of an intricately woven network of partnerships and owned properties, IC Places stands out as one of the most unique diversified transmedia companies on the planet. Its structure offers the greatest opportunity to generate the highest level of market awareness and profit for the shows it produces.
About Punch Television Network
Launched in October 2011, IC Places' Punch Television Network is poised to begin airing its new season of programs on Saturday, September 1, 2012. Approximately 70% of this programming will be original. New York City area's more than 10 million households will be able to access new detective shows such as Port City PD and Second District. The Hollywood Fast Lane and Luisa will link New York viewers more closely with the world of Hollywood. The dramatic series, Eros, will bring true stories of fairy-tale love. The Punch TV original, Filbert's Big Bash will enchant the children of New York through its family of lovable dinosaurs. The gangsters in Get Thee Behind Me will intrigue. Many, many more new shows will be available when IC Places' Punch Television Network begins airing in New York on WNYN this week. Punch TV believes that New Yorkers are already thirsty for its new programming.
IC Places Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE IC Places, Inc.