Xinhua Finance Media Announces a Joint Project with NBC Olympics to Produce Animated Series 'Ring Force Five'
November 07 2007 - 5:00AM
PR Newswire (US)
BEIJING, Nov. 7 /Xinhua-PRNewswire/ -- Xinhua Finance Media
("XFMedia"; Nasdaq: XFML), China's leading diversified financial
and entertainment media company, announced today that its
subsidiary Small World Television Limited ("Small World") has
reached an agreement with NBC Olympics to jointly produce the
animated series, "Ring Force Five". In anticipation of the 2008
Beijing Olympic Games next summer, "Ring Force Five" is an animated
series featuring five futuristic Olympians who travel back in time
to experience the true essence and spirit of the modern Games,
which were revived from their ancient model in 1896. As they pursue
their adventures through the defining moments of the Games, the
young Olympians of "Ring Force Five" are assisted by both ancient
wisdom and advanced technology, with the goal of keeping the
Olympic flame burning forever bright. "We are very proud that Small
World has been chosen for this project," said XFMedia CEO Fredy
Bush. "The association with NBC Universal is of great significance
to XFMedia. We are looking forward to working closely with them and
building a bridge to the major US sponsors involved with the
Olympic Games and NBC." "Our recent acquisition of Small World, was
specifically targeted for creating production and advertising
revenue opportunities in the US and we look forward to future
collaborations with US broadcasters and media companies," added Ms.
Bush. The two companies will cooperate in the creation, promotion,
distribution, product merchandising, sponsored product placement
and advertising sales related to the series. The first anticipated
project is a one-hour DVD, which is to be released in the US just
prior to the 2008 Beijing Games. NBC Olympics and Small World will
be responsible for the global marketing and merchandising of the
DVD. NBC Olympics is a division of NBC Universal. Dick Ebersol is
Chairman, Olympic and Sports; Gary Zenkel is President. "Ring Force
Five" is being produced in conjunction with the unit's development
arm, The Edison Project. Small World Television Limited, a Xinhua
Finance Media Company, is a television programming and production
consulting company based in Hong Kong with offices in Beijing,
China and New York City. About Xinhua Finance Media Limited Xinhua
Finance Media ("XFMedia"; Nasdaq: XFML) is China's leading
diversified financial and entertainment media company targeting
high net worth individuals nationwide. The company reaches its
target audience via TV, radio, newspapers, magazines and other
distribution channels. Through its five synergistic business
groups, Advertising, Broadcast, Print, Production and Research,
XFMedia offers a total solution empowering clients at every stage
of the media process and keeping people connected and entertained.
Headquartered in Beijing, the company has offices and affiliates in
major cities of China including Beijing, Shanghai, Guangzhou,
Shenzhen and Hong Kong. For more information, please visit
http://www.xinhuafinancemedia.com/ . Safe Harbor Statement This
announcement contains forward-looking statements. These statements
are made under the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking
statements can be identified by terminology such as "will,"
"expects," "anticipates," "future," "intends," "plans," "believes,"
"estimates," 'confident' and similar statements. Among other
things, expectations about the production schedules and quotations
from management in this announcement contain forward-looking
statements. Statements that are not historical facts, including
statements about XFMedia's beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties that could cause actual results to
differ materially from those contained in any forward- looking
statements. Potential risks and uncertainties include, but are not
limited to, risks outlined in XFMedia's filings with the U.S.
Securities and Exchange Commission, including its registration
statement on Form F-1. All information provided in this press
release is as of the date hereof, and XFMedia undertakes no duty to
update such information, except as required under applicable law.
For more information, please contact: China Xinhua Finance Media
Joy Tsang Tel: +86-21-6113-5999 Mobile: +86-136-2179-1577 Email:
DATASOURCE: Xinhua Finance Media CONTACT: China: Joy Tsang of
Xinhua Finance Media, +86-21-6113-5999, or mobile,
+86-136-2179-1577, or Web Site: http://www.xinhuafinancemedia.com/
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