WONDERFILM MEDIA TO REACH 50 MILLION HOMES IN THE US

MORE GREAT NEWS FOR THE COMPANY. DON'T BLINK, WE ARE MOVING FAST. https://finance.yahoo.com/news/wonderfilm-media-reach-50-million-185700408.html 

November 19, 2018

VANCOUVER, BC / ACCESSWIRE / November 19, 2018 / The Wonderfilm Media Corporation (TSX-V: WNDR), (OTC PINK: WDRFF), (FRA: 25Y), (“Wonderfilm” or “Company”) is pleased to announce the acquisition of Agatha Media Corp. (“Agatha”), a private arm’s length media company with exclusive rights to participate and receive net proceeds from advertising video on demand (“AVOD”) themed movie channels (“Movie Channel”) distributed directly to 50 million US homes via a leading internet retailer.

The acquisition immediately intensifies Wonderfilm’s vertical integration in the entertainment marketplace, affording the Company added content-creation centered revenue streams encompassing, production, distribution and for the first time direct broadcast to end users. Beyond adding a conduit from content creator to viewer, the Company is further designing new interactive fan experiences for the Movie Channel through Wonderfilm branded dedicated online Apps and AI technology.

“This is an amazing acquisition for Wonderfilm, immediately enhancing our ability to monetize content creation by opening up multiple new cash flow streams. The Movie Channel is also the latest milestone in Wonderfilm’s larger growth strategy. A plan that includes developing cutting-edge Apps to empower movie viewers through unparalleled levels of interaction as we create a truly integrated long-term fan experience that seamlessly incorporates broadcast, social media, production and eventually Blockchain funding. In business terms, the acquisition strengthens the Wonderfilm Team of producers’ market leverage as we continue to expand our brand in a highly competitive field,” commented Kirk Shaw, CEO of Wonderfilm.

Scheduled to reach 50 million homes at launch in mid 2019, all indications are strong for the Movie Channels to expand its footprint to 100 million homes by the end of the first year of broadcasting.

Through a share purchase agreement, Wonderfilm has acquire all the outstanding common shares of Agatha through the issuance 6,000,000 common shares of Wonderfilm at $0.60 per common share for total consideration of CAD$3,600,000. In compliance with the terms of the acquisition, the name of the internet retailer will be revealed in a subsequent press release upon the official launch of the Movie Channel.