PALM SPRINGS, Calif., Dec. 1, 2004 (PRIMEZONE) -- Media Classics Group International Inc. (Pink Sheets:MCGI) announced that it has reached a definitive agreement to jointly produce the "In Their Own Words" series of documentary audio books and video books that will be produced and distributed by Re-Q Inc., a Beverly Hills based entertainment production and licensing company. The first title "RFK" features the events surrounding the assignation of Robert F. Kennedy. Features include interviews with then Chief of Police, Ed Davis, and his assistant, Chief Darrel Gates, as well as some of the best footage of Surhan Surhan.
Mr. Anderson, President stated, "We are pleased to reach an agreement to jointly produce a series of titles utilizing our film library footage. To partner with Re-Q Inc., an experienced producer of audio book titles that has focused on the documentary genre, offers a unique opportunity to utilize or film assets. Our creative staff has begun story boarding the Robert F. Kennedy audio book and video. We have agreed to jointly produce 20 titles as part of this series." Mr. Anderson added, "Re-Q Inc. distributes directly to all major retail outlets such as Wal-Mart, COSTCO, SAM'S Club, and other retail and music and book outlets."
About Media Classics Group International, Inc
Media Classics Group International Inc. is a holding company for a variety of entertainment assets, MCGI currently owns over 2,000 hours of stock film footage and documentary film, 24 hours of animated programming, as well as sports programming, music rights, and various distribution rights to 110 feature films. The company is utilizing these core assets to create television programming, theatrical motion picture footage, and children's educational programming to serve a broad range of institutional and consumer markets.
About Re-Q Inc.
Re-Q Inc. invests in existing music and entertainment properties to be repurposed and repositioned for sale to the mass markets. These projects include a compilation of the great comedians of the past 50 years and documentary audiobooks on the lives and history of celebrity icons of the past 50 years. The principles of Re-Q have long standing working relationships with all the major retail chains including Wal-Mart, SAM's Club, CVS Drugs, COSTCO and others.
Re-Q INC. concentrates on licensing its own catalog of book titles from best-selling authors and publishing companies. Re-Q INC.'s Audiobooks are sold in both cassette and CD formats. The company's audiobooks are priced for the mass markets. In addition to single and box set packages, the products are merchandized into various promotional display packages holding multiple quantities for point of purchase retail sales. The Company also sells through Direct Response, Catalog and Mail Order outlets.
Forward-Looking Statements:
This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements may be included in, but are not limited to, various filings with regulating government agencies, press releases or oral statements, all are made with the approval of an authorized executive officer of the Company. The statements made in this press release, which are not historical facts, contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of Media Classics Group International Inc. and the commercialization of the company's assets as described in this release and the Company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the Company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.