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TRON Group Announces Entertainment Rights Acquisition

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LOS ANGELES, CA / ACCESSWIRE / August, 23, 2021 / TRON Group Inc. (OTC PINK:TGRP) announced an acquisition through its subsidiary, Impression VFX Inc., of rights to various film and television projects, including screenplays and concepts. CEO Jacob Nguyen highlighted that this move positions Impression as a content creator in the entertainment sector, aided by a partnership with Academy Award-winning director Kieth Merrill. The collaboration with Legend 3D is expected to streamline post-production and reduce costs, enhancing operational efficiency.

Positive
  • Acquisition of film and television project rights enhances content creation capabilities.
  • Partnership with Academy Award-winning director Kieth Merrill brings industry expertise.
  • Collaboration with Legend 3D allows for reduced post-production costs, improving margins.
Negative
  • None.

LOS ANGELES, CA / ACCESSWIRE / August, 23, 2021 / TRON Group Inc., a U.S. public holding company (OTC PINK:TGRP) announced today that, through its subsidiary Impression VFX Inc., it has acquired the rights to a selection of projects for film and television, including finished screenplays, treatments, and concepts.

"This is a tremendous step forward for Impression," Jacob Nguyen said, in making this announcement. "One of our partners, Kieth Merrill, an Academy Award-winning director, will be guiding us in the development of these properties."

Mr. Nguyen continued, "Our previously-announced partnership with Legend 3D also allows us to do much of the post production work in-house which reduces our overall costs."

For Impression, this new development expands the Company's role within the entertainment industry by becoming a content creator. Impression will continue to grow this line of business as it expands its library of projects and partnerships with creatives.

About TRON Group Inc.

TRON Group Inc. is a holding company acquiring operating companies and assets in growing industries. The company's intent is to grow them by providing management and technical support under its public company umbrella.

For further information:
Contact: info@tron-group.com
www.tron-group.com
Phone: (310) 450-9100
Jacob Nguyen, CEO

Forward-Looking Statements:

Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, and the possible inability to maintain qualified employees or consultants.

SOURCE: TRON Group Inc.



View source version on accesswire.com:
https://www.accesswire.com/660866/TRON-Group-Announces-Entertainment-Rights-Acquisition

FAQ

What did TRON Group Inc. announce on August 23, 2021?

TRON Group Inc. announced the acquisition of rights to various film and television projects through its subsidiary, Impression VFX Inc.

How does the acquisition impact TRON Group Inc.'s business?

The acquisition positions Impression as a content creator, expanding its role in the entertainment industry.

Who is involved in the development of the new projects acquired by TRON Group Inc.?

Academy Award-winning director Kieth Merrill will guide the development of the acquired projects.

What financial benefits does TRON Group Inc. expect from its partnership with Legend 3D?

The partnership is expected to reduce post-production costs, enhancing overall operational efficiency.

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