Authentic Holdings, Inc. to Acquire Movie and Television Library in an $11 Million Transaction
Authentic Holdings (OTC:AHRO) has announced plans to acquire Goliath Motion Pictures Entertainment for $11 million in an equity-based transaction. The deal includes a 40,000+ title content library valued at $14.8 million, featuring shows like 'In Living Color' and 'The Cosby Show'.
The acquisition will be structured through Convertible Preferred Stock with a 3-year lock-up period and 20% annual conversion limit to minimize shareholder dilution. The company's streaming subsidiary, Maybacks Global Entertainment, has seen significant growth, with TV affiliates increasing from 26 to 61 DMAs, and prime-time ad rates rising from $2.50 to $15.00 per 30-second spot over the past year.
The strategic acquisition aims to strengthen AHRO's position as an independent network provider, with expectations to expand into all 20 major markets within 24 months, potentially driving ad rates to $50-$100 per spot.
Authentic Holdings (OTC:AHRO) ha annunciato piani per acquisire Goliath Motion Pictures Entertainment per 11 milioni di dollari in una transazione basata su equity. L'accordo include una libreria di contenuti con oltre 40.000 titoli, valutata 14,8 milioni di dollari, con programmi come 'In Living Color' e 'The Cosby Show'.
L'acquisizione sarà strutturata attraverso azioni privilegiate convertibili con un periodo di lock-up di 3 anni e un limite di conversione annuale del 20% per ridurre al minimo la diluizione degli azionisti. La sussidiaria di streaming dell'azienda, Maybacks Global Entertainment, ha registrato una crescita significativa, con affiliati TV che sono passati da 26 a 61 DMAs, e le tariffe pubblicitarie in prime time che sono aumentate da 2,50 dollari a 15,00 dollari per spot di 30 secondi nell'ultimo anno.
L'acquisizione strategica mira a rafforzare la posizione di AHRO come fornitore di rete indipendente, con aspettative di espandersi in tutti i 20 principali mercati entro 24 mesi, potenzialmente portando le tariffe pubblicitarie a 50-100 dollari per spot.
Authentic Holdings (OTC:AHRO) ha anunciado planes para adquirir Goliath Motion Pictures Entertainment por 11 millones de dólares en una transacción basada en acciones. El acuerdo incluye una biblioteca de contenido de más de 40,000 títulos, valorada en 14.8 millones de dólares, con programas como 'In Living Color' y 'The Cosby Show'.
La adquisición se estructurará a través de acciones preferentes convertibles con un período de bloqueo de 3 años y un límite de conversión anual del 20% para minimizar la dilución de los accionistas. La subsidiaria de streaming de la empresa, Maybacks Global Entertainment, ha visto un crecimiento significativo, con afiliados de TV que aumentaron de 26 a 61 DMAs, y las tarifas publicitarias en horario estelar que aumentaron de 2.50 a 15.00 dólares por anuncio de 30 segundos en el último año.
La adquisición estratégica tiene como objetivo fortalecer la posición de AHRO como proveedor de red independiente, con expectativas de expandirse a los 20 principales mercados en un plazo de 24 meses, lo que podría llevar las tarifas publicitarias a 50-100 dólares por anuncio.
Authentic Holdings (OTC:AHRO)는 Goliath Motion Pictures Entertainment를 1,100만 달러에 주식 기반 거래로 인수할 계획을 발표했습니다. 이 거래에는 'In Living Color'와 'The Cosby Show'와 같은 프로그램을 포함한 40,000개 이상의 제목을 가진 콘텐츠 라이브러리가 포함되어 있으며, 이 라이브러리는 1,480만 달러로 평가됩니다.
인수는 3년의 잠금 기간과 연간 20%의 전환 한도를 가진 전환 우선주를 통해 구조화될 예정이며, 이는 주주 희석을 최소화하기 위한 것입니다. 회사의 스트리밍 자회사인 Maybacks Global Entertainment는 TV 제휴사가 26개에서 61개 DMA로 증가하고, 지난 1년 동안 30초 광고당 요금이 2.50달러에서 15.00달러로 상승하는 등 상당한 성장을 경험했습니다.
전략적 인수는 AHRO가 독립 네트워크 제공업체로서의 입지를 강화하는 것을 목표로 하며, 24개월 이내에 20개의 주요 시장으로 확장할 것으로 기대하고 있으며, 광고 요금이 광고당 50-100달러로 상승할 가능성이 있습니다.
Authentic Holdings (OTC:AHRO) a annoncé des plans pour acquérir Goliath Motion Pictures Entertainment pour 11 millions de dollars dans le cadre d'une transaction basée sur des actions. L'accord comprend une bibliothèque de contenu de plus de 40 000 titres, évaluée à 14,8 millions de dollars, avec des émissions telles que 'In Living Color' et 'The Cosby Show'.
L'acquisition sera structurée par le biais d'actions privilégiées convertibles avec une période de blocage de 3 ans et une limite de conversion annuelle de 20 % pour minimiser la dilution des actionnaires. La filiale de streaming de l'entreprise, Maybacks Global Entertainment, a connu une croissance significative, avec le nombre d'affiliés TV passant de 26 à 61 DMAs, et les tarifs publicitaires en prime time augmentant de 2,50 à 15,00 dollars par spot de 30 secondes au cours de l'année écoulée.
Cette acquisition stratégique vise à renforcer la position d'AHRO en tant que fournisseur de réseau indépendant, avec des attentes d'expansion dans les 20 principaux marchés dans les 24 mois, ce qui pourrait faire grimper les tarifs publicitaires à 50-100 dollars par spot.
Authentic Holdings (OTC:AHRO) hat Pläne angekündigt, Goliath Motion Pictures Entertainment für 11 Millionen Dollar in einer aktienbasierten Transaktion zu erwerben. Der Deal umfasst eine Content-Bibliothek mit über 40.000 Titeln, die mit 14,8 Millionen Dollar bewertet ist und Shows wie 'In Living Color' und 'The Cosby Show' beinhaltet.
Die Akquisition wird über wandelbare Vorzugsaktien mit einer 3-jährigen Sperrfrist und einem jährlichen Umwandlungslimit von 20 % strukturiert, um die Verwässerung der Aktionäre zu minimieren. Die Streaming-Tochtergesellschaft des Unternehmens, Maybacks Global Entertainment, hat ein signifikantes Wachstum verzeichnet, mit einer Zunahme der TV-Affiliates von 26 auf 61 DMAs und einem Anstieg der Werbepreise in der Hauptsendezeit von 2,50 Dollar auf 15,00 Dollar pro 30-Sekunden-Spot im vergangenen Jahr.
Die strategische Akquisition zielt darauf ab, die Position von AHRO als unabhängiger Netzwerkanbieter zu stärken, mit der Erwartung, innerhalb von 24 Monaten in alle 20 wichtigsten Märkte zu expandieren, was zu Werbepreisen von 50-100 Dollar pro Spot führen könnte.
- Acquisition of $14.8M valued content library for $11M, representing immediate asset appreciation
- Ad rates increased 500% from $2.50 to $15.00 for prime-time spots
- TV affiliate network expanded 134% from 26 to 61 DMAs
- Ad agency partnerships tripled from 4 to 12 in 6 months
- 3-year lock-up period on convertible preferred stock protects against immediate dilution
- Previous $2M management debt converted to performance-based equity
- Equity-based transaction structure indicates potential future dilution
- 2024 described as 'startup year' suggests current low revenue base
- Heavy reliance on advertising revenue in competitive streaming market
MORRISTOWN, N.J., March 19, 2025 (GLOBE NEWSWIRE) -- via IBN -- Authentic Holdings, Inc (OTC:AHRO) to acquire Goliath Motion Pictures Entertainment for
Chris Giordano stated: "To date 'Goliath' has been licensing to Maybacks Global Entertainment all of its content for the 35 channels it distributes globally on our streaming platforms and Over the Air broadcasting networks.
"After careful examination of the relationship, the parties agreed that the strategic acquisition of the 40,000+ titles owned by Goliath was a natural metamorphosis between Maybacks and Goliath. Putting
Goliath owns priceless content of award-winning shows such as "In Living Color", "The Cosby Show", and Steven Spielberg's "Taken". In addition, the library consists of movies like "Open Range" starring Kevin Costner, "Blue Hawaii" starring Elvis Presley, as well as hundreds of documentaries and live concerts with "A-Listers" from both Hip Hop and Rock n Roll.
To date licensing Goliath's content has helped us grow our market footprint, which in turn helped us attain an additional 8 ad agencies in the last 6 months to which now total 12 ad agencies selling ads on our networks. As a result, our ad rate card for a 30 second spot has exploded from
In order to acquire the library, we first needed to attain an independent "valuation analysis" to qualify what the Goliath library was worth before being able to place it on our balance sheet per our "auditor". The analysis which took several months was completed in November of 2024 with the results exhibited in an 18-page report. The report valued the library at
Subsequently, and after careful review of the valuation analysis, both parties agreed to a purchase price of
This action on the part of Goliath very much aligns itself with the same attitude towards shareholder value and commitment that was shown by the management of Authentic Holdings, which recently converted
Maureen Cooper, the founder of Goliath Motion Pictures Entertainment, developed this massive library over the last 15 years. She is a warhorse of work ethic, and a stalwart of the industry. Her years of experience and Rolodex are part of the reason why our TV affiliate count went from 26 to 61 designated market areas (DMAS) over the last year. It is an absolute pleasure to have her leading the Maybacks team and fully committed to making Maybacks a standout in the Connected TV arena.
As a result of the upcoming acquisition, we will be one of the few true "independent networks" that can provide other independent station owners with the valuable content they need so they can monetize their local audience(s) in the form of advertising dollars. This would be driven by ad related "revenue share" program with Maybacks Global Entertainment that would mutually benefits each party. There are hundreds of station owners that do not own content and are looking for a content provider. Enter Maybacks Global.
We currently broadcast into most of the major markets and anticipate capturing and broadcasting into the balance of them over the next 12-24 months. Capturing all 20 major markets would have the effect of driving our rate card into the
2024 was a startup year for Maybacks, which had a respectable showing that will be disclosed in our upcoming 10-K. 2025, on the other hand, will be a time for significant growth for both content acquisition as well as a quantum leap in revenue for Maybacks.
When the acquisition is completed in the near future an 8-K will be filed with the necessary exhibits with the Securities and Exchange Commission as required. This will also give our shareholders access to the details of the acquisition shedding further transparency on the terms of the acquisition.
We are extremely excited about the Goliath acquisition and the opportunities it will create. Content is king and it is our belief that we are now carving a pathway to a formidable kingdom.
Authentic Holdings, Inc., and its management team look forward to keeping all of our shareholders apprised of our progress and look forward to our next communication with you via a press release in the near future.
About Authentic Holdings: Authentic Holdings combines entertainment, technology, and textiles to create a diverse portfolio of offerings. Their subsidiary Maybacks Global's collaboration with WiseDV underscores their commitment to innovation in the streaming industry.
For more information, chrisg@authenticholdingsinc.com
About Goliath Motion Pictures Productions, Inc: Goliath Motions Pictures Productions, Inc is an independent owner of over 40,000 movie and television shows. Goliath has been an independent distributor of its content for over 15 years to many independent station owners across the country.
For more information, maureen@maybackstv.com
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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FAQ
What is the value of the content library AHRO is acquiring from Goliath Motion Pictures?
How has AHRO's advertising revenue grown in the past year?
What are the terms of AHRO's convertible preferred stock for the Goliath acquisition?
What is AHRO's market expansion plan following the Goliath acquisition?
How many TV affiliate markets does AHRO currently serve?
