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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Authentic Holdings Inc (PK) | USOTC:AHRO | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0012 | 0.0011 | 0.0012 | 0.0012 | 0.0011 | 0.0012 | 1,001,021 | 19:40:29 |
August 22, 2024 -- InvestorsHub NewsWire -- Maybacks Global Entertainment a subsidiary of Authentic Holdings, Inc, (OTC PINK: AHRO) and Children's Media Studio (CMS) are pleased to announce that the award winning animated, musical series "Sing and Spell".
This collaboration with CMS marks a significant milestone in educational entertainment for young children, ages 2-6, including English language learners
"This unprecedented launch of Sing and Spell on our OTA platform for scheduled television, allows us to broaden access to this essential educational program and help children develop the foundational literacy skills necessary for reading growth," stated Chris Giordano, President of Authentic Holdings.
Sing and Spell will be featured on Maybacks Over-the-Air (OTA) platform, making it the first FAST (Free Ad-Supported Television) channel dedicated specifically to the development of early literacy skills through phonics instruction and music. Sing and Spell will be broadcasted on its "Winnie's World" network , which has consistently landed in the "Top Ten Networks" in the industry forum known as "Cord Cutters"
Sing and Spell is a 26-minute program available in multiple languages and is designed to teach young viewers the basics of the alphabet, numbers, vowel sounds, and sight words through engaging lessons and original songs. Written by a retired teacher and scored by a three-time Emmy-nominated Sesame Street songwriter Mark Radice, the show combines lively characters and diverse music genres, making learning both fun and effective.
In addition to being distributed on our OTA Platform the show will also launch on our massive international audience through streaming channel partnerships with ZEASN Whale Eco and other platforms we are closing in on.
Sing and Spell is a perfect example of the unique, high-quality programming that we look for at Maybacks.
Each month we are consistently adding between 200-500 full length motion pictures and serial television shows to our library. Owning our own content is tantamount to our long-term success. And as a result, in the coming months we will be launching what will be a substantial opportunity for the company in the "Video on Demand" space. This will be a subscription-based service at an extremely affordable offered to our 200,000,000 plus global households."
Chris Giordano further stated: "Maybacks is going to be built on top of five significant pillars which all center themselves around our proprietary content. First are "Insert ads" for our OTA channels, "Vast Tag" ads for our iDreamCTV streaming channels, in addition to "subscription-based" services like VOD and KOD ("Karaoke on Demand"), Royalty driven channels that pay Maybacks a percentage of sales for access to our audience. And finally Pay-Per-View events.
Maybacks already owns a "live stream" network which allows us to do live stream events for just the variable costs or "per head cost". This is based on how many PPV buys there are. We pay for bandwidth and storage per user only. So, in other words we can do a pay-per-view event, charge a nominal price instead of a premium price and bring it to our global audience.
Why this is significant is because, normally to run a PPV event requires several hundred thousand in up-front costs and sometimes up to 33% of the PPV dollars generated by the event that is paid to the live stream service. Since we own the live stream service we avoid all the up-front costs as well as a 33% kick back to the live stream provider. We are the provider and that is substantial for us and the sports or music event producer since they keep that much more of the gross receipts
We plan to do a variety of PPV events going forward and we are currently in discussion with several parties in both the music and sports arena to broadcast these events on our global platform.
We are extremely optimistic about Maybacks future and look forward to keeping you apprised of our progress going forward. "
About Children's Media Studio: Children's Media Studio specializes in creating educational media content designed to make learning fun. The team, composed of songwriters, animators, and educators, is committed to helping preschoolers and English language learners master the basics through music-driven learning.
About Maybacks Global Entertainment, LLC: With a database of over 34,000 movie and serial program titles, Maybacks Global Entertainment is at the forefront of content creation and distribution. Its expansion into OTA broadcasting, with partnerships and coming partnerships will place Maybacks content in over 70 US Markets. Maybacks also distributes its content and streaming services across all continents through joint ventures and partnerships with major global SMART TV operating systems.
About Authentic Holdings, Inc. Authentic Holdings, Inc. (OTC PINK: AHRO) is a diversified holding company focused on acquiring and developing innovative businesses across various industries. Through its subsidiary, Maybacks Global Entertainment LLC, the company is expanding its footprint in the entertainment and media sectors, bringing unique content to a global audience.
Safe Harbor Act
Forward-Looking Statements: This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Authentic Holdings, Inc, its directors, or its officers with respect to, among other things: (I) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will, " "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements including those relating to the Company's ability to execute its acquisition strategy, and to launch its growth and expansion plans, among others, are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Authentic Holdings, Inc's ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. No information in this press release should be construed in any way whatsoever as an indication of Authentic Holdings, Inc.'s future revenues, financial performance, or stock price. More information about the potential factors that could affect the business and financial results is and will be included in Authentic Holdings, Inc, filings with the Securities and Exchange Commission at www.sec.gov.
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