MEDIA ALERT: Wonderfilm Media to Complete Acquisition of WOL and Starbury Sports

The Wonderfilm Media Corporation (TSXV: WNDR.V), (OTC: WDRFF), (Frankfurt: 25Y), (“Wonderfilm” or the “Company”) is pleased to announce it has entered into an arm’s length Share Purchase Agreement (the “Transaction”) to acquire 100% of both WOL Productions (“WOL”), an entertainment company with an extensive slate of English and Chinese language movie production script packages and Starbury Sports (“Starbury”) a sporting brand and media company co-founded by Dr. Bruno Wu and Stephon Marbury. 

These acquisitions were first announced in a news release dated November 29, 2018 and represent the completion of Wonderfilm’s latest strategic growth step transforming the Company from a movie production house into a broader worldwide entertainment producer. From Starbury, Wonderfilm gains an exclusive strategic partnership that adds sports events, sport centers and sports broadcasting to its production repertoire. The Company also gains access to a network of elite, high profile athletes, sports and eSports personalities who will transcend their sporting successes by developing wider brands through acting roles, services, merchandising and events.

Wonderfilm’s new subscription video on demand (“SVOD”) digital channels will be among the first beneficiaries of the unified companies, straightaway gaining access to the sports and eSports market, significant social media promotion, corporate advertising, sponsorship revenues, and exclusive Grapevine Logic Inc. (“Grapevine”) content while serving its primary service as a US broadcast outlet for Wonderfilm produced films and TV. Grapevine gains the production outlet necessary to align their 4,700 corporate brands into broader media channels while Wonderfilm exploits new direct advertising, marketing, analytics and alternative distribution channels for its own original digital content.

Kirk Shaw, Wonderfilm CEO, “The Wonderfilm brand is now unique among independent content creation companies as we position the Company into a full-fledged international entertainment company. Partnering with Shaun Redick adds a lucrative theatrical movie component supported by Grapevine’s social media reach. In the shifting media marketplace, we are actively positioning the Wonderfilm brand as a significant international producer/distributor of content only matched by conglomerates like Disney that are able to boast similar marketing strength supporting their productions. As movie producers, the SVOD channel broadens our production base with direct broadcast of our (old and new) content. For shareholders, this means a stronger Company with dynamic new revenue opportunities that significantly build out Wonderfilm’s core production business and bottom line”.