LOS ANGELES, Feb. 9, 2015 /PRNewswire/ — Imagination TV Inc. (OTC Pink: IMTV), Imagination TV and RUNWAY® announced today that in order to share with the public more information about the acquisition of RUNWAY®, the companies are offering the investing public a complementary one year subscription to the magazine.
The flagship magazine RUNWAY®, (www.runway.net), is a printed quarterly Fashion Magazine. The magazine is available at 17,000 locations including Barnes and Noble, Target, Walgreens, Hastings, Hudson News, Books-a-Million and many others. Readers can subscribe online for Home Delivery.
« When I first held a copy in my hand and read through the pages of RUNWAY®, I realized that this well crafted publication had enormous potential, » says Imagination TV’s CEO Steven Samblis. « Vincent, The publisher of RUNWAY®, and I agreed that the best way to tell the story about our acquisition is to offer the public the same experience I had. With that in mind we have decided to offer a complementary subscription of the magazine to the investing public. »
The company will be sending all shareholders of record a copy of the next issue of RUNWAY®. People that are not shareholders of record or who would like to view a complementary digital copy of the magazine may go to www.runwaylive.com/investor.html where they can subscribe and receive immediate access.
Other properties included in the acquisition are:
The flagship magazine is RUNWAY® (www.runway.net), a printed quarterly Fashion Magazine. Each issue is a 100,000 print run with a read through of 350,000 people. The magazine is available at 17,000 locations including Barnes and Noble, Target, Walgreens, Hastings, Hudson News, Books-a-Million and many others. Readers can subscribe online for Home Delivery.
RUNWAY® TV (www.runwaytv.com) is a 24/7 Luxury Celebrity Fashion TV Channel featuring Runway shows, fashion weeks, reality shows, fashion movies and so much more. It is available on all digital platforms, including Roku and Google TV which have 17 million users. RUNWAY® TV is on pace to having half a billion viewers by the end of 2016. Negotiations are also in progress with major cable providers to bring RUNWAY® TV to households throughout the US.
RUNWAY® Digital is read by 180,000 people in all digital formats and is available by subscription. (www.runwaylive.com)
Catwalk Magazine® is a large format local Fashion Magazine, distributed though luxury hotel chains in their rooms. Currently, Catwalk is in Los Angeles, Las Vegas, and Phoenix, with plans to expand to every major city in the US. (www.catwalkmagazine.com)
RUNWAY® TEEN is a fashion magazine for teenagers around the world. (www.runwayteen.com)
The company’s Facebook page has more than 347K likes… www.facebook.com/runway
Eleven U.S. trademarks, covering each magazine and TV property.
180+ foreign trademarks, many of which are licensed to publishers throughout the world. There are also 60 website URLs.
RUNWAY® Productions is based in Hollywood, California and Scottsdale, Arizona and is the production house for all RUNWAY® properties. The production company houses all the equipment required to produce the magazine, as well as RUNWAY® TV.
RUNWAY is known for its amazing stable of writers which includes Eila Mell who wrote the book « Project Runway » and Nole Marin a judge from Americans Next Top Model.
About Imagination TV Inc.
Imagination TV is a diverse digital media company with a growing portfolio. Imagination TV delivers integrated digital marketing solutions, as well as the latest in content marketing, video, display and mobile advertising solutions, social intelligence and reporting across all screens. With unmatched local-to-national reach, Imagination TV is a onestopshop for agencies and brands that want to effectively and efficiently reach their target audiences on all screens.
Imagination TV Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company’s current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company’s business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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