Ckrush Announces Formation of Ckrush Digital Media Inc. to Accelerate Digital Asset Aggregation; New Division to Capitalize on High-Growth Multiple Revenue Opportunities in Online Digital Communities and New Media.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Ckrush, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CKRH), a cutting-edge media group capitalizing on the convergence of entertainment and digital technologies, has announced the launch of Ckrush Digital Media, a strategic business division set to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the growth of new media and the "participatory pop culture" revolution of online communities and digital technology. Digital Media will focus on the acquisition and production of innovative digital content and businesses. Ckrush launched Digital Media to spearhead its strategic business initiative to build multi-stream revenue growth through internal development, organic growth and potential accretive acquisitions Accretive Acquisition An acquisition that will increase the acquiring company's EPS. Notes: As they are expected to increase the acquiring company's future earnings, these acquisitions tend to be favorable for the company's market price. . Digital Media will work in synergy with Ckrush's other vertically integrated group of operational units to distribute films, sports programs and digital assets targeting the highly coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. young adult demographic. "Digital Media will be the cornerstone for all of our future projects in the digital media and technology space," said Jeremy Dallow, President of Ckrush, Inc. "We are focused on generating compelling digital entertainment in the near future through the production and acquisition of valuable digital assets." Ckrush is developing multimedia and digital assets that include film making, sports events, and direct sales, utilizing cross-promotional opportunities, as well as exploring digital asset acquisitions The new division will leverage the entire portfolio of Ckrush assets in traditional and new media businesses as the Company continues to expand its multi-media business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . About Ckrush, Inc. Ckrush, Inc. is a cutting edge entertainment and digital media group capitalizing on the global convergence of the traditional entertainment industry and the "participatory pop culture" revolution of online communities and digital technology. The Company produces feature films, sports programs and other content that target young adults, a highly-coveted entertainment industry demographic comprised of 70 million-plus consumers with an estimated spending power The power of legislatures to tax and spend. Spending power is conferred to state and federal legislatures through their constitution. Judicial Review of legislative spending varies from state to state, but the law of federal spending informs courts in all states. in excess of $200 billion annually. Ckrush feature films slated to be released in 2006 include, "Beer League," starring Artie Lange, "TV the Movie," starring Steve O and Wee Man of "Jackass jackass: see ass. " fame; and National Lampoon's "Pledge This," starring Paris Hilton  Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. . Ckrush also promotes and distributes televised sports events and other programming through pay-per-view, video-on-demand and retail channels. For investor-specific information about Ckrush, Inc., including recent news and stock price data, please visit http://www.trilogy-capital.com/tcp/ckrush/quote.html. For General Investor Information, please visit http://www.trilogy-capital.com/tcp/ckrush/. For additional information, visit http://www.ckrush.net. Forward-Looking Statements This release contains forward-looking statements within the meaning of 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, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors; acquisitions of dispositions of business assets; and the potential impact of future decisions by management. More detailed information about these factors may be found in filings by Ckrush, Inc. with the Securities and Exchange Commission. Ckrush, Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise. |
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