Authentic Heroes and N.S.U.C Entertainment Group
Enter into Joint Venture
April 19, 2022 -- InvestorsHub NewsWire -- Global Fiber
Technologies, Inc., (OTC
PINK: GFTX) is pleased to announce that its Authentic Heroes,
Inc. subsidiary has entered into a joint venture with N.S.U.C
Entertainment Group, LLC. http://www.nsucentgroup.com for the promotion and
production of music, music NFT's, live events and Authentic Heroes
merchandise
N.S.U.C is headed up by Mr. Ed Strickland and a team of highly
experienced music professionals. Mr. Strickland's career spans over
of four decades. Mr. Strickland brings to Authentic Heroes unique
and outstanding experience in the fields of marketing and
promotion. Mr. Strickland also owned and operated his own record
label and a North American music and video distribution company.
Mr. Strickland began his music career in the concert promotion
field. He promoted national tours for artists such as: Prince,
Luther Vandross, George Clinton, New Edition, Run DMC, Patti
LaBelle and the Jackson World Tour.
Mr. Strickland has worked in marketing and promotional positions
for various record labels including: Def Jam Records, Rush
Productions/Rush Artist Management, Tommy Boy, Chrysalis – Cool
Tempo Records, Interscope Records, Maverick Records and Rap-A-Lot
Records. Additionally, he has provided consultative services
to many entertainment entities, including major and independent
record labels, radio stations, distribution and promotions
companies. Among some of the most notable are: The House of Blues,
Jive Recordings and TVT Records; expanding his already extensive
national network.
The list of artists that have benefitted from his experience is
nothing less than vast. It includes: The Fugees, Lauryn Hill, Tribe
Called Quest, Madonna, Usher, JaHeim, Mariah Carey, Me 'Shell
N'digeocello, Ghetto Boys, Scarface, Digital Underground, KEM:
Beastie Boys, Run DMC, LL Cool J, Lil Wayne, T.I., Rick Ross,
T-Pain, Ludacris, Mario, Lloyd, Tank, Chrissette Michelle, Patti
LaBelle, John Legend, Kem, Day 26, Plies, Bizzy Bone and a host of
others.
Ed is also currently in partnership with Sony's "The Orchard"
https://www.theorchard.com/ and through N.S.U.C.
Entertainment Group offers labels worldwide opportunities in both
music and film distribution on their digital platforms
Chris H. Giordano President and Chairman of Global added: "We
are extremely excited to be working with Ed Strickland and the
N.S.U.C team on all areas of opportunity that exist within the
music industry.
We fully expect to be involved in the recording and promotion of
new music with current artists, hosting live concerts, creating
Music NFTs and bundling all of it with Authentic Heroes "Made from
the Original" ("MFTO") collectible apparel. This is the convergence
of the digital and physical worlds that will help us build our
brand
Just about every major music company has bought a merchandise
company since it is the natural complement to live concerts and
recorded music. It becomes a substantial revenue stream for both
the artists and the record label.
https://www.universalmusic.com/universal-music-groups-bravado-acquires-merchandise-branding-company-epic-rights/
https://www.musicbusinessworldwide.com/why-did-warner-just-spend-180m-to-buy-a-merchandising-company/
With N.S.U.C. we will be creating our own footprint by creating
and owning the music as well as already owning a merchandise
company through the Authentic Heroes subsidiary which we feel has a
technology and market advantage over other more established
merchandise companies.
Unlike typical merchandise sold at concerts or online, our
merchandise is created through a patented process that allows you
to own a slice of your favorite bands' concert worn apparel. We
believe fans will love owning merchandise that contains the
authenticated fibers from a bands' stage worn clothing that is
digitally authenticated, collectible, wearable and registered in
their name on our Blockchain
Promoting "live events" with N.S.U.C. and top artists will give
us an ability to cross market both our physical and our digital
products to concert goers both before and after the venues have
taken place.
Our joint venture with N.S.U.C will give us the experience and
reach that we need to create our own record label giving us a
tremendous augmentation to the already existing 17,000 songs we
have exclusive access to within the Maestro Entertainment joint
venture announced earlier this year
With music catalogue prices running at all-time highs we believe
that our all of joint ventures into the music space and beyond will
add tremendous value for Global shareholders.
We are truly looking forward to working with Ed and the N.S.U.C.
team which will bring us opportunities that may be otherwise
un-reachable given the time, effort and expense it would take to
try and develop the relationships and credibility achieved by Ed
and his team at N.S.U.C."
Ed Strickland stated "I am extremely excited to be working with
Chris and the Authentic Heroes team. The cross promotion
opportunities that exist within the joint venture are
substantial. We will be working with both great legacy
artists as well great contemporary artists across all genres of
music and creating one of a kind fan experiences together.
Being able to co-produce "live events" with top talent and
combine that with Authentic Heroes one of a kind merchandise is a
tremendous value-add for the concert goer, which translates into
several potential revenue streams for our venues
From just one concert can come a variety of opportunities
ranging from Vinyl Records of the concert, Music NFTs of the
concert and collectible merchandise made from the stage worn
clothing. Fan experience is everything. It develops brand loyalty
and repeat business.
We at N.S.U.C. truly look forward to a very fruitful
relationship with Authentic Heroes and are eager to start our venue
together in the very near future.
Chris Giordano further stated: This is just the beginning of our
journey into the into the possibilities that exist around the
Authentic Heroes proposition. We are very enthusiastic about our
relationship with N.S.U.C. and look forward to keeping you
apprised of our progress.
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 Global Fiber
Technologies, 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
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statements including those relating to the Company's financing
being adequate for the Company to place its products in retail
stores, 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 Global Fiber Technologies, 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 Global Fiber Technologies 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 Global
Fiber Technologies, Inc., filings with the Securities and Exchange
Commission at www.sec.gov.