LAS VEGAS and LOS ANGELES, Aug. 24, 2015 (GLOBE NEWSWIRE) -- Family Room Entertainment Corp. (Pink Sheets:FMYR), announces a new venture with Double Decker Media Limited, of London, UK http://www.doubledeckermedia.com. Under the terms of the agreement Qin Media, a wholly owned subsidiary of Family Room, will own fifty percent of Double Decker Media Limited. This will create a UK Production Office for Family Room Entertainment Corp. The venture creates access into the UK film market and pipelines of projects from current producers, access to additional funding avenues and will provide UK production capabilities.
On a corporate note, Stanley Tepper has been appointed as a Director of the Company and will continue to work with the company as its Controller.
Family Room Entertainment Corp. (PINK:FMYR) is engaged in various aspects of the motion picture entertainment industry including film, television and social media verticals. It also provides production and film finance services. The company also owns and manages a library of feature films, which it continues to distribute and which can be found at www.familyroomfilm.com along with the Company history of feature films it has completed and or has been involved with.
Disclaimer: This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Family Room Entertainment Corp. and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.