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International Entertainment News

Tuesday, February 01, 2005

Milagro Entertainment, Inc. Announces That It Has Acquired the Rights for the Life Story of Entertainer 'TINY TIM'

Milagro Entertainment, Inc. Announces That It Has Acquired the Rights for the Life Story of Entertainer 'TINY TIM'

LAS VEGAS, Feb. 1 /PRNewswire-FirstCall/ -- Milagro Entertainment, Inc., a wholly owned subsidiary of Milagro Holdings, Inc. (MLGH) is pleased to announce that it has acquired the Film, Television, Soundtrack and Merchandising rights for the life story of Entertainer "TINY TIM" from CMG Worldwide.

"This is the continuance of a well developed plan for Milagro in acquiring rights and building assets that will ultimately be the platform that will give Milagro a strong foothold within the Film and Television Industry. We believe that the life story of TINY TIM is so compelling that it will definitely garner an interest of both a Major Film Studio and a top name Actor to play the role ( http://www.tinytim.org/ )," said Stephen Brown, Pres/ CEO.

"After many discussions with Mr. Brown we feel that Milagro Entertainment has a clear vision of the Tiny Tim story and will develop it into a Feature Film that will be very interesting and entertaining," said Larry Molnar, Legal Counsel for CMG Worlwide.

About Milagro Entertainment, Inc.

Milagro Entertainment, Inc. is dedicated to producing quality products for Television and Film. Milagro Entertainment is constantly seeking out new projects while developing existing projects and leveraging rights to literary and real-life adaptations.

About CMG Worldwide

Based in Indianapolis, Indiana with offices in Hollywood, California and Rio de Janeiro, CMG Worldwide secured its position during the 1970s as the premier company for representing the families and estates of deceased celebrities. Today, CMG Worldwide represents over 400 diverse personalities and corporate clients in the sports, entertainment, and music fields. http://www.cmgworldwide.com/

This press release does in no way constitute a reason to purchase the stock of MLGH as the company cannot predict the outcome to be a success.

Forward-looking statements and comments in this press release are made pursuant to the safe harbor provisions of the Securities and Exchange Act of 1934. Such statements relating to, among other things, the prospects for the companies to complete the transactions and enhance the operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These risks may be further discussed in periodic reports and registration statements to be filed by the company from time to time with the Securities and Exchange Commission in the future.


Source: Milagro Entertainment, Inc.

CONTACT: Milagro Entertainment, Inc. Corporate Offices, +1-702-385-9995

Web site: http://www.tinytim.org/
http://www.cmgworldwide.com/


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