Unapix Entertainment, Inc. Chosen as Exclusive Home Video Distributor of Lifetime Television's Award Winning "Intimate Portrait" Series.NEW YORK--(BUSINESS WIRE)--June 19, 1998--Unapix Entertainment, Inc. (AMEX AMEX See: American Stock Exchange : UPX UPX Ultimate Packer for eXecutables UPX Ulead Photo Express ) and Lifetime Enterprises, Inc. have entered into an agreement for Unapix to be the exclusive, home video distributor of the Lifetime Television series, award winning "Intimate Portrait(R)," throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . "Intimate Portrait(R)" is a continuing series of one-hour profiles featuring many of the world's most interesting and influential women. Past subjects have ranged from poet, Maya Angelou Mary Tyler Moore to Queen Esther and the Virgin Mary Virgin Mary: see Mary. Virgin Mary immaculately conceived; mother of Jesus Christ. [N.T.: Matthew 1:18–25; 12:46–50; Luke 1:26–56; 11:27–28; John 2; 19:25–27] See : Purity . The "Intimate Portrait(R)" series has proven to be one of the most successful formats in the history of the Lifetime Network. It is now programmed on a daily basis. Lifetime will begin by delivering 28 completed episodes to Unapix for immediate distribution, followed by up to 90 new programs over the initial three-years of the agreement. Lifetime will promote the video cassette release of each show under this agreement with an 800 number offer at the conclusion of each telecast as well as on its website, with all sales fulfilled by Unapix Entertainment. According to David M. Fox, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Unapix Entertainment, Inc., "We are delighted that Lifetime has chosen Unapix to distribute this excellent series of profiles. I was co-founder of A&E Home Video, which has been a tremendous success as both a profit center and a brand extension for A&E. We will do the same for Lifetime, which is already a major force in cable programming." "We are pleased to be working with Unapix to be offering "Intimate Portrait(R)" directly to our viewers. Their feedback has been overwhelming and we can at last provide them with the episodes that they have asked for," said Doug McCormick, President and CEO of Lifetime Entertainment Services
Lifetime Entertainment Services is an American entertainment industry company, dedicated to entertainment and information programming as well as advocating a range of issues that women find relevant serving over 88 . The first 28 "Intimate Portrait(R)" which will be distributed on video are one-hour biographies about: Maya Angelou, Valerie Bertinelli, Carol Burnett, Sarah Brady, Cleopatra, Bette Davis, Jill Eikenberry, Eve, Sally Fields, Audrey Hepburn, Anjelica Huston, Dr. Susan Love, Joan Lunden, Marla Maples, Bette Midler, Marilyn Monroe, Mary Tyler Moore, Mother Theresa, Josie Natori, Queen Esther, Queen Latifah, Eva Peron, Jessica Savitch, Cybil Shepherd, The Virgin Mary, Mae West, and two general episodes -- one about "Spies" and the other about "Witches." Unapix Entertainment, Inc. (AMEX:UPX) is a global entertainment company specializing in producing, licensing and distributing market-driven feature films, television programs and special interest home videos in all media around the world. The Company distributes its products in niche markets via the internet and other new electronic media. "LIFETIME Television is dedicated to providing contemporary and informative programming for women. LIFETIME is available on more than 11,000 cable systems and alternative delivery systems nationwide, serving over 71 million households. Learn more about LIFETIME Television on the Lifetime Online web site at http://www.lifetimetv.com. Intimate Portrait is a registered trademark of Lifetime Entertainment Services. All rights are reserved. 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; Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the Company's operations, markets, products and prices, the inherent uncertainty of the film, television programming and audio tape and compact disk distribution business (in which the success of a product depends upon unpredictable and changing factors such as competition and audience acceptance) and other factors discussed in the Company's various filings with the Securities and Exchange Commission. CONTACT: Unapix Entertainment, Inc. David M. Fox, 212/252-7600 URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.unapixintl.com or Strategic Growth International, Inc. Stan Altschuler/Richard Cooper, 516/829-7111 |
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