Los Angeles, CA – May 24, 2011 – Global Entertainment Holdings (OTCQB/BB:GBHL) announced today that Global Universal Pictures (Global Universal), a partially owned Canadian affiliate, has received a syndication television offer for The Night, currently in post production.
“We already have an offer for Halloween week, so we are diligently working to finish the film for delivery this Fall”, states Producer Jackie Giroux. “The trailer can be seen on YouTube at: http://www.youtube.com/user/globalgbhl#p/u/0/HbnU4M4NN5c, and will soon make its debut on the film’s new website at: http://www.TheNightTheMovie.com.
The Night, filmed in Grand Falls, New Brunswick, Canada, continues the blueprint of success which has become a bankable trademark of Global Universal. The Company strives to combine a favorable mix of tax credits (offsetting a significant portion of production costs), named talent and quality distribution partners to develop, produce and market quality feature-length films.
“Wow! Was it cold”, commented co-star Lalesha Railsback, daughter of veteran actor Steve Railsback. “But this being a ghost story, the cast and crew took full advantage of those creepy locations at 3 am, so the film is sure to be scary!”
In addition to Lalesha Railsback, The Night features Syfy television star Lex Gigeroff, Jimmy McKinley, Angele Bourgeous, Trevor Richardson and featuring 10-year old Ian Hamrick as the ghost “Rodney.” Canadian director, Shari Hamrick and Executive Producer Trevor Richardson, both of the Canadian Company Alianza Films International in Vancouver, BC., participated in financing. GBHL CEO, Gary Rasmussen, is co-executive producer, with Giroux as writer, and Ben Martin as producer.
About Global Entertainment Holdings, Inc. (OTC: GBHL) is a publicly-held, entertainment company. The Company’s goal is to build a worldwide entertainment organization with a multitude of domestic and foreign production affiliates. GBHL, operating through its wholly owned subsidiaries, Global Universal Film Group, Inc., Global Universal Entertainment, Inc., and its partially-owned Canadian subsidiary Global Universal Pictures, is in the process of developing and producing a slate of motion pictures in Canada and the U.S., employing recognizable-named talent, for worldwide release. GBHL is focused on the financing and marketing of these feature-length films. GBHL, through another wholly owned subsidiary, You’ve Got The Part, Inc. (www.youvegotthepart.com), will attempt to capitalize on the current popularity of Hollywood and reality based programming by casting small roles online that anyone with a digital camera can apply for.
Safe Harbor: Pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934, any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals and assumptions of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this release may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions such as “may,” “could,” or “might” occur. Such statements reflect the current views of GBHL and its affiliated companies with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance and commercial appeal of its feature-length films, its film production services, competitive market conditions in the motion picture industry (both in the US and foreign markets), successful sale of the rights to film content produced, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Neither Global Entertainment Holdings, nor its affiliated or subsidiary entities undertakes any responsibility to update the “forward-looking” statements contained in this news release.
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