WRIT Media Group, through wholly-owned subsidiary Front Row Networks (FRN), is focused on delivering all of the fun and excitement of live shows at a fraction of the price by producing, acquiring and distributing live concert footage for worldwide digital broadcast in digitally-enabled movie theaters. Following their initial theatrical runs, the company plans to license the distribution rights to its concerts to DVD and Blu-Ray retailers – as well as free TV broadcasters, cable channels and mobile streaming providers – exponentially expanding the potential audience of individual shows. In addition to collecting licensing fees, WRIT also intends to sell merchandise and related products tailored to the showcased artist at theaters in which its concerts are exhibited, providing a supplementary revenue stream from the innovative entertainment model.
In an effort to capitalize on increased demand for exclusive programming, WRIT secures and distributes non-concert theatrical programming via mobile and internet platforms. Following this strategy, the company may acquire the rights to completed projects, finance production of entertainment programs or acquire businesses that own or control marketable content catalogues, as necessary to expand its exclusive library of content.
Moving forward, WRIT will look to expand upon and license its current library of more than 1,000 hours of edited concert footage in an effort to increase the marketability of FRN’s unique entertainment model. Leaning on the extensive expertise of the company’s management team, including well over a century of combined industry experience, WRIT is in a position to expand its presence in the growing concert and event promotion market, which accounted for approximately $25 billion in revenue during 2015, according to a report by IBISWorld.
For more information about the company, visit www.writmediagroup.com
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