Media International Concepts, Inc. Closes Acquisition of RockWindow.com
Media International Concepts, Inc. Closes Acquisition of RockWindow.com
LOS ANGELES, March 21 /PRNewswire-FirstCall/ -- Media International Concepts, Inc. (Pink Sheets: MEIC) today announced the Company has closed its acquisition of RockWindow Television Network, Inc., an Internet based Classic Rock service founded in October 1999. This acquisition is for 964,448 shares of restricted common stock in MEIC, a one-for-one exchange with the existing RockWindow shareholders.
A subscription service distributed via local ISP affiliates, RockWindow is one of the first traditional media businesses to webcast music, video and news. RockWindow is a network dedicated to the lucrative Classic Rock and emerging Neo-Classic Rock music marketplace that appeals to both children and their parents.
In addition to continuing to build upon its assets and enhance its plan to become a classic rock subscription service, RockWindow and MEIC will build upon the extensive radio industry experience as a DJ that the CEO of RockWindow, Marcus Hause, has, as he will play a central role in the development of radio talk show segments for sale to satellite radio companies such as Sirius Satellite Radio and XM Satellite Radio. This will complement the efforts of MEIC subsidiary Opportunity Productions and its CEO, Robin Seymour, to also develop radio talk programming in addition to the MEIC co-productions under development with outside entities.
Website: www.mici.tv
Safe Harbor:
This release may contain forward looking-statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject to include, but are not limited to, our success in selling our products and services, our success in raising the necessary funding required, competition and other material risks.
Contact:
Michael Marcovsky
310-216-7745
Source: Media International Concepts, Inc.
CONTACT: Michael Marcovsky of Media International Concepts, Inc.,
+1-310-216-7745
Web site: http://www.mici.tv/
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