Out East Entertainment and Mindpix Corporation Create Joint Venture Called New Gospel Entertainment
May 02 2014 - 11:16AM
Marketwired
Out East Entertainment and Mindpix Corporation Create Joint Venture
Called New Gospel Entertainment
New Gospel Entertainment Formed to Capitalize on the Growing
Influence of Faith-Based Audiences; Announces Launch of the "Bridge
to Believe Tour" Featuring Bishop Hezekiah Walker, Tye Tribbet and
Vashawn Mitchell
LOS ANGELES, CA and MIAMI, FL--(Marketwired - May 2, 2014) -
Los Angeles and New York-based Out East Entertainment and
Miami-based Mindpix Corporation (OTC Pink: MPIX) (PINKSHEETS: MPIX)
announce a joint venture to create New Gospel Entertainment.
New Gospel Entertainment (NGE) is created to leverage the
growing influence of the faith-based market, which is projected to
have a spending power of $1.7 trillion by 2017. With an emphasis on
creating live events and original content for the broadcast,
digital and radio markets, NGE will appeal to a core
multigenerational audience that values strong family connections
and is extremely loyal to brands that are active in their
community.
"We are very excited to be partnering with Mindpix in the
creation of New Gospel Entertainment. Mindpix brings a robust
digital distribution and marketing platform to our original content
experiences," said Steven Marrs, OEE President & Managing
Partner. "Our belief in the faith-based market and its future is
strong and this new venture allows us to leverage our relationships
in the faith-based community with talent, brands and media to
create and distribute compelling original content experiences
domestically and abroad across multiple media platforms."
"Given the strong relationships Out East Entertainment already
has in the faith-based marketplace, it made sense to partner with
OEE in forming New Gospel Entertainment," said Victor Siegel, CEO
of Mindpix. "Together we can distribute through our digital
platforms the very content that brings the gospel community's
beliefs to life -- not only within the current domestic markets,
but to an international audience as well."
The first initiative to come out of NGE is the "Bridge to
Believe" tour. In a historical first, Billboard
chart-topping and Stellar Award-winning gospel greats Bishop
Hezekiah Walker, Tye Tribbet, and in select markets, Vashawn
Mitchell, will join forces on a praise worthy 22-city U.S. tour.
Beginning September 8, it will bring to life Gospel's spiritual
roots and point to its exciting future. It is a can't miss event
that will find its way to 22 mega churches across the country and
will be distributed on the Mindpix digital platforms domestically
and around the world.
Commented Mr. Siegel further, "As we continue to roll-out
revenue generating programs across entertainment, music, sports and
U.S. Hispanic media properties, the establishment of NGE and the
ground breaking 'Bridge to Believe' tour is another example of the
power of our platform, industry relationship and the value of our
world class of our Board of Advisors."
ABOUT OUT EAST ENTERTAINMENT Out East Entertainment is an
independent multimedia entertainment studio where ideas are brought
to life by connecting creative talent, content creators and
distributors to create compelling programming for broadcasters and
distributors globally. Led by Steven Marrs, Out East Entertainment
is based in Los Angeles with a satellite office in New York.
ABOUT MINDPIX CORPORATION Mindpix Corporation (OTC Pink: MPIX)
is a technology driven multi-platform media company focused on
owning, creating and/or managing multi-media entertainment and
sports and US Hispanic properties across the globe. Through a
unique eco-system, MPIX provides the critical on-line video
technology, production, digital marketing, audience development,
payment services, sponsor acquisition, digital and traditional
media distribution services to drive revenue for live and VOD
(video on demand) events globally. MPIX disclosure and financial
information is published on OTC Markets and can be found at the
following site: http://www.otcmarkets.com/stock/MPIX/filings/
This press release contains 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 (the "Exchange Act"), and as such, may involve risks and
uncertainties. These forward looking statements relate to, amongst
other things, current expectation of the business environment in
which the company operates, potential future performance,
projections of future performance and the perceived opportunities
in the market. The company's actual performance, results and
achievements may differ materially from the expressed or implied in
such forward-looking statements as a result of a wide range of
factors.
For company Contact: Reina Ziegler info@mpixcorporation.com
Investor Relations Contact: Howard Gostfrand info@amcapventures.com
305.918.7000