Cedric Kushner Promotions, Inc. Announces Multi-Year Licensing Deal with KOTV, Ltd.Business Editors NEW YORK--(BUSINESS WIRE)--March 17, 2003 Cedric Kushner Promotions, Inc. ("CKP CKP Checkpoint CKP Crankshaft Position CKP Chandraseniya Kayastha Prabhu (caste of Maharastra, India) CKP Chris Key Players (band) CKP Concept Knowledge Processing ") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CKHP - news) has announced that its subsidiary Big Content, Inc. has entered into a three year television licensing agreement with KOTV, Ltd. of the United Kingdom. Pursuant to the deal, KOTV will license archive footage from CKP's boxing video library for distribution worldwide. CKP's library includes more than 1000 hours of premium programming. "After 20 years in the business of building our library of quality fights, we at CKP are excited to provide KOTV's worldwide viewers with some of boxing's greatest performances," said Cedric Kushner (President). "The partnership with KOTV Classics fits perfectly with our strategy to develop ancillary business lines in the media sector." David McConachie, Partner at KOTV Limited added, "Cedric Kushner has a reputation as being one of the world's most active and innovative boxing promoters. For our new weekly show, KOTV Classics, we needed top class fights that would complement the strength of the KOTV brand and CKP was just one of a handful of boxing content owners we felt we could turn towards to deliver exactly what we needed." About KOTV Limited KOTV is a UK based production company specializing in boxing programming. Its flagship show, KOTV, is a 30 minute weekly news and highlights show which is seen in 80 countries around the world. The latest offering from the production company is KOTV Classics, a one hour classic fight series which was launched in January. David McConachie has been involved in the distribution of boxing programming since 1987, and is partners in the company with Rob Pickles and David Helliwell. About Cedric Kushner Promotions CKP promotes world champion and top contender boxers. In addition the firm also produces and syndicates world championship boxing events for distribution worldwide. A steady program supplier to the world's leading television networks, including HBO Hyperbaric oxygen therapy (HBO) A form of oxygen therapy in which the patient breathes oxygen in a pressurized chamber. Mentioned in: Ozone Therapy , ESPN ESPN Entertainment and Sports Programming Network , and EuroSport, the company promotes televised events from venues all around the world. With a roster rich in world champions and a track record that includes having promoted approximately 300 world championship bouts, CKP is at the forefront of the international boxing business. CKP, formed in 1974 by promoter Cedric Kushner, originally achieved prominence in the field of rock-'n-roll music and is now one of the most active promoters of championship bouts worldwide. In addition to its North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. business, CKP is the foremost American-based promoter of boxing in Europe and Africa. CKP is an acknowledged leader in packaging premier boxing shows for the global television marketplace, through its television arm, the Cedric Kushner Sports Network (CKSN CKSN Ciphering Key Sequence Number (ciphering algorithms) ). This release is covered under the "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Certain information included in this release that are not historical facts are forward looking statements that involve a number of known and unknown risks and uncertainties, including, but not limited to, these companies' ability to successfully implement a strategy of continued growth. Each of these companies' actual results, performance or achievements may differ materially from any future performance or achievements expressed or implied in any forward-looking statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . |
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