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Heritage Media Corp.(PINK SHEETS:HMCP), through its the wholly owned
subsidiary Screen Giant Media Corp., has entered into a Memorandum of
Understanding with a private company in India to secure up to 1000
optimum and lucrative locations for LED Billboard placements throughout
India.
Screen Giant will be in the enviable position to generate significant
revenues through selling advertising on its digital LED full motion
Billboards. The advertising revenue generated on a per annum basis for
each location will quickly render the initial capital cost invested
insignificant.
“We are pleased to be working with our media
specialist partners in India on this project. The burgeoning economic
market conditions in all regions of India will help to maximize the
international prominence of Screen Giant as a leader in the multimedia
industry,” said John Manolescu, President and
CEO of Heritage Media Corporation.
About Heritage Media & Screen Giant
Heritage Media Corporation, through its subsidiary Screen Giant Media
Corporation, engages in the strategic placement of large,
computer-controlled, multimedia video billboards and the subsequent
management of all programming content. Established in 2003, Screen Giant
has positioned itself to be an industry leader in outdoor digital
advertising and promotions. Discover more about this innovative company
at www.screengiant.com.
Heritage Media Corporation currently has 33 million shares issued and
outstanding.