Sack Lunch Productions, Inc. (OTC: SAKL) Target Acquisition Identifies Additional Key Properties for Portfolio of Entertainment IP
Sack Lunch Productions (OTC PINK: SAKL) announced its intent to acquire a 45% interest in Arowana Media Holdings, a multimedia acquisitions firm, to access its valuable intellectual properties. This acquisition is expected to close by the end of November 2022. Arowana's CEO revealed ongoing negotiations for acquiring new properties, including a potential franchise inspired by renowned comic book narratives. The intellectual property licensing industry is projected to grow 9.1% in 2022, suggesting enhancing market conditions for such acquisitions.
- Acquisition of 45% interest in Arowana Media enhances IP portfolio.
- Access to diverse genres, including franchises and iconic sci-fi/fantasy properties.
- Ongoing negotiations for a multi-feature franchise expected to boost revenue.
- None.
Arowana Media Confirms Availability of Rights to Several New Properties
SALT LAKE CITY, UTAH, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Sack Lunch Productions, Inc. (OTC PINK: SAKL), an action-oriented events and entertainment company. Arowana Media Holdings Inc., is a multi-media acquisitions and development company; a company in which Sack Lunch intends to acquire a
In the interim, Mark Newbauer, CEO of Arowana Media, has reported to SAKL management that the Company has confirmed rights availability to key properties it feels are ripe for acquisition, development and studio partnership across several genres including Animation, Family, Action Film Franchise, High Fantasy, and an iconic Hugo award winning sci-fi/fantasy property.
Arowana has confirmed it has entered negotiations on at least one new property with key attachments already underway toward a multi-feature franchise of action/mystery films in the vein of John Wick, based on novels by a top Comics Industry writer known for work on DC’s The Flash and Marvel’s The Punisher series.
IBISworld recently reported that the intellectual property licensing industry is expected to increase
About Sack Lunch Productions, Inc.
Sack Lunch Productions, Inc. (OTC PINK: SAKL), is an action-oriented events and entertainment company which, historically, has provided events aimed at bringing families, friends, and communities together through the licensing of its event titles and trademarked media, together with corporate hosted and managed events across the U.S. and Canada. The Company has developed a large and diverse base of over 2,000,000 social media followers who participate in local venues and follow the Company’s licensee-hosted and Company-hosted events and broadcasts. The Company holds trademarks and rights to operate several events which include: The Dirty Dash, Color Me Rad, Slide the City, Trike Riot and The Lantern Fest: www.colormerad.com and www.dirtydash.com.
About Arowana Media Holdings
Arowana Media Holdings, Inc. (www.ArowanaMedia.com ) is an media intellectual property acquisition and development company with a portfolio of media titles, focused on utilizing its current and other targeted media IP to be acquired, incubated and ultimately produced and released in the global entertainment marketplace in the form of streaming film and television broadcasting, published content, and AR/VR.
CONTACT:
Richard Surber
Sack Lunch Productions Inc.
hudconsult@aol.com
or
Mark Newbauer
Arowana Media Holdings Inc.
hey@arowanamedia.com
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FAQ
What is Sack Lunch Productions planning with Arowana Media?
When is the acquisition of Arowana Media expected to close?
What types of properties is Arowana Media negotiating to acquire?
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