Curated News
By: NewsRamp Editorial Staff
March 19, 2025
Authentic Holdings to Acquire Goliath Motion Pictures in $11M Deal
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- Authentic Holdings gains access to over 40,000 titles, strengthening its market position and expanding into major U.S. markets.
- Authentic Holdings acquires Goliath Motion Pictures Entertainment in an $11 million equity-based transaction, structured as Convertible Preferred Stock with conversion restrictions for three years.
- Authentic Holdings' acquisition of Goliath Motion Pictures Entertainment brings award-winning shows and films to wider audiences, enhancing entertainment offerings and innovation.
- Authentic Holdings' deal with Goliath Motion Pictures Entertainment includes popular titles like 'In Living Color' and 'The Cosby Show', creating excitement in the entertainment industry.
Impact - Why it Matters
This news matters as it signifies Authentic Holdings' strategic move to grow its entertainment portfolio and market presence. The acquisition of Goliath Motion Pictures Entertainment will not only add valuable content but also boost advertising revenue and support expansion into key U.S. markets.
Summary
Authentic Holdings (OTC: AHRO) has agreed to acquire Goliath Motion Pictures Entertainment in an $11 million equity-based deal, bringing over 40,000 titles, including popular shows and films, under its ownership. The acquisition, structured as Convertible Preferred Stock, aims to strengthen Maybacks Global Entertainment’s market position and expand into major U.S. markets.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Authentic Holdings to Acquire Goliath Motion Pictures in $11M Deal
