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NEWS and PRESS RELEASES

Archive for the ‘Press Releases’ Category

Global Entertainment Holdings Releases Book & DVD Collectible on Serial Killer, Aileen Wuornos

Wednesday, February 27th, 2013

Los Angeles, CA – February 27, 2013. Global Entertainment Holdings (OTC: GBHL) announced today that Global Universal Film Group, a wholly-owned subsidiary, has commenced sales of its true crime film on DVD, Damsel of Death, to be coupled with the book, Lethal Intent by Sue Russell. Also, included, on the back page of the book with the DVD, is an authentic copy of the original deal memo signed by serial killer, Aileen Wuornos and her attorney, authorizing Jackelyn Giroux to write Ms. Wuornos’ true story. In 1991, Giroux devoted nine months interviewing Wuornos and others, which inspired her film with stunning events that have never been revealed.

This limited edition collectible released today by GBHL contains the book, the DVD and a true copy of the original deal memo, signed by Aileen Wuornos, and believed to be the only signed contract of its kind. GBHL selected Sugar Rose Enterprises of Melbourne, FL to distribute this first run, limited edition of Lethal Intent and the DVD film, Damsel of Death; true crime memorabilia released today for sale on eBay and Amazon.

Jackelyn Giroux commented, “This is not just based upon a true story; this IS the true story. Aileen Wuornos approved every page of the screenplay for the DVD film. True crime enthusiasts should enjoy reading the book, viewing the DVD, and knowing that it’s all true, as the attached deal memo evidences. Although the DVD was made on a ‘shoe string’ budget, I am happy it is finally available to the public because it is a story that needs to be told (a quote at the beginning of the film by Geraldo Rivera). A decade after her death, I thank Global for having the insight to release this collector’s book, DVD and signed deal memo for true crime enthusiasts to cherish and understand what Wuornos’ life was really like.”

Aileen Carol Wuornos (February 29, 1956 – October 9, 2002) was proclaimed America’s female serial killer because she killed seven men in Florida in 1989 and 1990. Wuornos claimed the murders were in self defense. Wuornos was convicted and sentenced to death for six of the murders and was executed by the State of Florida by lethal injection on October 9, 2002. She spoke to Jackelyn Giroux the day she was arrested, and gave her rights to Ms. Giroux before she was arraigned. Her story is haunting because she was on the streets at the age of 13 years old, prostituting and living in abandoned vehicles. Psychiatrists could never agree if Wuornos was insane or if she murdered for recognition and fame.

To purchase the Book & DVD Collectible Set, visit:
http://www.ebay.com/itm/Ultimate-True-Crime-Collectible-Lethal-Intent-Book-plus-DVD-Deal-
Memo-/221194558431?pt=Antiquarian_Collectible&hash=item3380391bdf
,

or

http://www.amazon.com/gp/aag/main/ref=olp_merch_name_2?ie=UTF8&asin=0739441957&isAmazonFulfilled=0&seller=A1IG915DSIE7YT

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., and Global Universal Entertainment, Inc. (www.GlobalUniversal.com), is in the process of developing and producing a slate of motion pictures, 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.

For more information on GBHL, please visit us at: WWW.GLOBAL-GBHL.COM, or contact the Company by email at: contact@globaluniversal.com.

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 affiliate or subsidiary companies undertakes any responsibility to update the “forward-looking” statements contained in this news
release.

Global Entertainment Holdings CEO Gary Rasmussen Featured in “Opportunist Magazine”

Thursday, February 21st, 2013

Los Angeles, CA – February 21, 2013 – Gary Rasmussen, Chief Executive Officer of Global Entertainment Holdings (OTC: GBHL) was featured in the recent issue of the highly regarded, online magazine “Opportunist”, the “voice for the penny stock, small cap, and micro stock investor.”

In the article, Rasmussen discussed Global Entertainment Holding’s achievements to date, specifically citing GBHL’s successful track record of mitigating film production risk to equity investors through the use of various techniques including taking advantage of tax incentive programs, distribution participation, deferrals, and certain IRS tax incentive programs for film investment, such as Section 181.

The article highlights the extensive contacts and experience of GBHL’s management team with track records at major studios and distributors, as well as in the realm of independent film production. Recently, GBHL hired a new Chief Financial Officer, Alan Bailey, formally Senior Vice President and Treasurer of Paramount Pictures for 35 years! Rasmussen recalls Bernard Baruch’s well known expression, “Bet on the jockey, not the horse.”

Additionally, Rasmussen discusses GBHL’s recent developments, including a 4th Quarter profit, and reveals GBHL’s recent diversification endeavors with the launch of an innovative new social networking web portal, “You’ve Got the Part” that will afford any individual an opportunity to be cast in a real Hollywood movie, and GBHL’s recent alliance with the Lifton School of Media Arts and Sciences, a new “hands-on” film trade school opening in Los Angeles.

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., and Global Universal Entertainment, Inc. (www.GlobalUniversal.com), is in the process of developing and producing a slate of motion pictures, 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.

For more information, please visit us at: WWW.GLOBAL-GBHL.COM, or contact the Company by email at: contact@globaluniversal.com.

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 affiliate or subsidiary companies undertakes any responsibility to update the “forward-looking” statements contained in this news release.

Global Entertainment Holdings Promotes Daniel Sherkow to Chief Operating Officer

Wednesday, February 20th, 2013

Los Angeles, CA – February 20, 2013 – Global Entertainment Holdings (OTC: GBHL) is pleased to announce the promotion of Daniel A. Sherkow to the position of Chief Operating Officer of GBHL, the parent company. Previously, Mr. Sherkow held the position of COO of Global Universal Entertainment, a subsidiary of GBHL.

In making the announcement of Sherkow’s promotion, Gary Rasmussen, Global Entertainment Holdings CEO, cited Sherkow’s dedication and innovative ideas in the company’s continued expansion. Rasmussen stated, “We greatly value Dan’s creative approaches to our expansion plans at GBHL and look forward to his involvement in all aspects of the management and growth of the company where he will have a larger role.”

Sherkow stated, “Global Entertainment Holdings is poised for future growth with some extraordinary productions and programs such as our affiliation with the Lifton Institute of Media Arts and Sciences (LIMS) and the relaunch of the social networking website and mobile app, ‘You’ve Got the Part.com’. I couldn’t be more pleased than to be working with Gary, Jackie (Giroux), and Alan (Bailey) on these exciting opportunities at Global Entertainment.”

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., and Global Universal Entertainment, Inc., is in the process of developing and producing a slate of motion pictures, 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.

For more information, please visit us at: WWW.GLOBAL-GBHL.COM, or contact the Company by email at: contact@globaluniversal.com.

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 affiliate or subsidiary companies undertakes any responsibility to update the “forward-looking” statements contained in this news release.

Global Entertainment Holdings Signs Collaboration Agreement with Hollywood Entertainment EDU Holding

Sunday, February 10th, 2013

Los Angeles, CA – February 5, 2013 – Global Entertainment Holdings (OTC: GBHL) and Hollywood Entertainment EDU Holding, Inc. (“EEDU”) are pleased to announce the signing of an exclusive Collaboration Agreement setting the stage for joint venture projects to be undertaken in both the U.S. and China.

Through its affiliated office in Beijing, EEDU is primarily in the business of designing, facilitating, promoting, managing, and operating educational and training programs for Chinese students and management personnel in the entertainment industry and who wish to undertake such training in the United States. The partnership with Global Entertainment will enlarge and develop the business of EEDU to place students in such programs and will also allow Global Entertainment and EEDU to jointly engage in the co-production of live action feature motion pictures, as well as 3D animation and video game creation.

In announcing the signing of the Agreement, Gary Rasmussen, Global Entertainment Holdings CEO, stated, “The collaboration with Hollywood Entertainment EDU Holding gives Global Entertainment a tremendous advantage in the realm of co-production/co-financing while fulfilling a mission to train and educate Chinese students in the advanced methods of film and video production.”

The executive management of EEDU added, “We are thrilled to find such an accomplished and reliable partner in Global Entertainment and we look forward to jointly engaging in several exciting projects both in China and here in the U.S.”

Daniel Sherkow, Chief Operating Officer of Global Entertainment Holdings stated, “Our initial meetings with the senior executives of EEDU have already spawned initial concepts for not only student training, but also for co-production/co-financing opportunities of feature motion pictures. This is a tremendously exciting collaboration with EEDU, a significant partner doing business on both the US and China.”

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., and Global Universal Entertainment, Inc., is in the process of developing and producing a slate of motion pictures, 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.

For more information, please visit us at:
WWW.GLOBAL-GBHL.COM
, or contact the
Company by email at:
contact@globaluniversal.com
.
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 affiliate or subsidiary companies undertakes any responsibility to update the “forward-looking” statements contained in this news release.

Global Entertainment Holdings Announces Appointment of Alan Bailey as CFO

Monday, January 21st, 2013

Los Angeles, CA – January 15, 2013 ‐ Global Entertainment Holdings (OTC: GBHL) has announced the appointment of Alan Bailey, who will function as GBHL’s Chief Financial Officer and oversee accounting functions for the Global Universal group of subsidiary entities. Mr. Bailey supersedes Stanley Weiner, who continues to serve as a director of the Company.

Bailey brings a well of financial experience to Global Universal having spent over 35 years at Paramount Pictures (division of Viacom Industries), most recently as Senior Vice President and Corporate Treasurer.

In making the announcement, Gary Rasmussen, Global Entertainment Holdings CEO, stated, “Alan’s extraordinary experience as a senior financial executive at a major media power, as well as his extensive relationships within our industry, will help accelerate Global Universal’s growth as a successful media company that looks to the bottom line profits while seeking to minimize risk for our investors.”

Jointly, Bailey commented, “Global Universal is an exciting opportunity and I look forward to working with an experienced and proven management team like Gary, Jackie (Giroux), and Dan (Sherkow), who understand and appreciate the challenges and opportunities in an industry with significant revenue potential and upside growth in assets.”

Daniel Sherkow, Chief Operating Officer of Global Universal Entertainment stated, “It’s pleasure to team up with Alan again, having worked with Alan at Paramount where both of us were senior executives. I’m confident that Alan understands how to best move Global Universal forward not only financially, but also in all of the other facets of our operation. I’m excited that we have been able to put into place a superb piece of financial manpower.”

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., and Global Universal Entertainment, Inc., is in the process of developing and producing a slate of motion pictures, 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.

For more information, please visit us at: WWW.GLOBAL-GBHL.COM, or contact the Company by email at: contact@globaluniversal.com.

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 affiliate or subsidiary companies undertakes any responsibility to update the “forward-looking” statements contained in this news release.

“Down The Stretch” A Global Universal Entertainment Film Production

Friday, April 27th, 2012

LOS ANGELES, April 23, 2012 /PRNewswire/ — Global Entertainment Holdings, Inc. (OTC: GBHL/GBHLE) announced today that its wholly-owned U.S. production subsidiary Global Universal Entertainment, Inc. has agreed to produce “Down The Stretch“!  Writer and Director Geoffrey Rush protege, Matthew D. McClure (Award winning short director of “Julio”), brings this new and exciting action crime adventure project which is sure to thrill audiences. It is a story of the fading world of the race track and a young gambler’s seduction into a big long shot. It is a true “Calling all Bruce Lee Fans” film, as legendary actor John Saxon and Bolo Yeung team up for the first time in 40 years since their classic duo with Bruce Lee in “Enter The Dragon.”

Saxon joins the cast in a quorum of a wild bunch of raw talented American film nominees! Negotiations for the legendary ensemble cast are under way — from Dreyfuss to Dern, to Railsback to Keitel and Mickey Rooney, are names under consideration.  The Film will star two young lead actors as Eric and Ty, in the film noir about betting on horses and on life.

Writer/director Matthew D. McClure (“Julio”) will produce with Lalesha Railsback (“The Mondavi Gang”) and Barrett Leigh (Production Coordinator on “The Fast and The Furious” and “Knocked Up”). “There will be no shortage of great production talent on this film. No effects. No CGI. Just a first rate cast of past Film Nominees, plus a stellar screenplay which will reach out to all audiences, worldwide,” stated Jackleyn Giroux, who helmed the deal for Global Universal Entertainment.

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 recognizably-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 U.S. 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.

For more information, please visit us at: WWW.GLOBAL-GBHL.COM, or contact the Company by email at: contact@globaluniversal.com.

Global Entertainment Holdings Ad to Appear in October Issue of Opportunist Magazine; Distributed in The Wall Street Journal as an Ad Insert

Saturday, October 8th, 2011

LOS ANGELES, Oct. 4, 2011 — LOS ANGELES, Oct. 4, 2011 /PRNewswire/ — Global Entertainment Holdings (OTCBB: GBHL) announces that a full page ad on GBHL and its Global Universal film production subsidiaries will appear in Opportunist Magazine’s October issue, which will be distributed today as an ad insert in home and office-delivered copies of The Wall Street Journal. The October 4th issue of Opportunist Magazine is available to subscribers to the print edition of the WSJ and online at www.OpportunistMagazine.com. The Wall Street Journal, published by Dow Jones & Company, is the top selling U.S. newspaper with a 2.1 million average daily circulation, according to the Audit Bureau of Circulations’ Fas-Fax circulation report covering the six months ended March 31st.

Global Entertainment Holdings, and its group of Global Universal companies, has successfully financed and produced four feature films during the past two years since becoming a publicly-traded company. The Company is currently developing a slate of seven films to be produced over the next three years. Most of the films in its intended slate are based upon “in-house” scripts either owned or optioned by GBHL, effectively by-passing an expensive element of the development stage. Management further employs risk mitigation techniques enabling it to produce its films with far less risk of capital than the actual budget.

GBHL subsidiary, Global Universal Film Group, has launched a one-of-a-kind, online casting website, “You’ve Got the Part!” where anyone can be discovered for a role in a real Hollywood movie just by filming themselves auditioning one of our posted roles and uploading their video to: www.youvegotthepart.com. Online casting is currently underway for “Mr. Pink,” a feature film being developed by the Company, which is based on the true story of the ‘Transylvania Book Heist.’ (See www.WhoIsMrPink.com and www.MrPinkMovie.com)

Opportunist Magazine is a valuable resource of information for investors, the financial community, and businesses. The full color, 36-page investing and personal finance publication is filled with informative content on public companies, financial news, investor tips, and more.

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.

For more information on Global Entertainment Holdings, or its Global Universal subsidiaries, contact the Company at contact@GlobalUniversal.com. Or, please visit www.GlobalUniversal.com or www.Global-GBHL.com for online information about GBHL, Global Universal and You’ve Got the Part!

SOURCE Global Entertainment Holdings, Inc.

Global Universal’s “AMERICAN SUNSET” To Present at Louisville International Film Festival in October

Monday, August 22nd, 2011

LOS ANGELES, Aug. 22, 2011 /PRNewswire/ — Global Entertainment Holdings (OTCBB: GBHL) announced today that Global Universal Film Group’s presentation of “AMERICAN SUNSET”, starring Corey Haim and Frank Molina, will be playing at The Louisville International Film Festival from October 6th through October 9th, 2011.

“We are so proud of the late Corey Haim’s performance in this thriller,” stated Jackie Giroux, the writer and one of the producers of the film. “In the Behind the Scenes for AMERICAN SUNSET, Corey stated that he hoped he would be recognized by his peers for his performance in AMERICAN SUNSET, so we wish to thank the entire committee, including Conrad Bachmann and Brett Bachmann, for playing this film at The Louisville International Film Festival this year.”

“Veteran Actress and Entertainer Lily Tomlin will be placed in the ‘Walk of Fame’ at the Galt House on October 6th to open the Film Festival, so we feel honored to be a part of this prestigious film festival,” commented Gary Rasmussen, CEO of Global Entertainment Holdings. “We look forward to meeting Kentucky film makers at the Louisville Film Festival, as co-star Frank Molina and Director Michael Masucci will be in attendance to answer any questions about AMERICAN SUNSET or Corey Haim.” Gary Rasmussen and Eric Leffler are the Executive Producers of the Corey Haim film AMERICAN SUNSET.

Dan Sherkow, COO of Global Universal Entertainment continued: “Members of our production team, plus Corey Haim’s co-star, Frank Molina, will be in attendance at The Louisville International Film Festival, which provides grants to help fund educational efforts focused on training film makers of tomorrow in Metro Louisville and the commonwealth of Kentucky.”

AMERICAN SUNSET was directed by Michael Masucci in New Brunswick, Canada, and also co-stars Bernie Robichaud of TRAILER PARK BOYS fame. Corey Haim and Frank Molina play two unlikely characters who would have never met except through the unfortunate kidnapping of Haim’s wife, played by Angela Cullins. Haim has 24 hours to find his wife, with the assistance of Molina’s character. Corey Haim was just beginning to promote the film, when he contracted pneumonia and suddenly died. Global Universal had so many fans begging to see the film that it decided to offer a DVD of the film directly to Haim’s fans through a special Global website, as no distribution plans have yet been made out of respect for Haim’s untimely death.

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 U.S. 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.

For more information, please visit us at: WWW.GLOBAL-GBHL.COM, or contact the Company by email at: contact@globaluniversal.com.

GBHL Expands Global Universal Film Group

Tuesday, August 2nd, 2011

NEW DISTRIBUTION DIVISION TO BE HELMED BY MEDIA EXECUTIVE, BOBBIE STONE

Los Angeles, CA – (August 2, 2011) – Global Entertainment Holdings (OTCQB / OTCBB: GBHL) announced today that its sales and distribution subsidiary, Global Universal Film Group, Inc. is expanding the Distribution Division to reach new ground in the distribution of media content for the Company. The Distribution Division will be helmed by Bobbie Stone who will oversee new content acquisitions, exploitation of new media markets, and worldwide licensing of the Company’s films through traditional media.

Bobbie Stone is a renowned distributor and producer/director with more than 20 years experience in the creation, licensing, acquisition, and distribution of independent films and online media content in the global marketplace. Through the years, Ms. Stone has produced or executive produced over 250 special interest video and TV productions which have had wide release.

“We are thrilled to have a talent with the caliber of Bobbie Stone join the Global Universal family,” Stated Gary Rasmussen, CEO of GBHL. He continued “with Global’s current film library, new acquisitions, New Media markets, worldwide licensing, and our exclusive brands such as “You’ve Got the Part” talent contest to oversee, she will have many opportunities to use her extensive talents. We are excited to expand our content to a variety of media channels that reaches more markets and expands business.”

Bobbie gained valuable knowledge in television broadcasting and production at a local television station. She then became VP of an independent broadcast network where she produced or was floor director of TV productions in the studio. The company then opened an office on Madison Avenue for Stone to run the marketing, sales, and distribution division for the network. Meanwhile Ms. Stone sharpened her production skills while attending New York School of Visual Arts majoring in filmmaking and directing. The next level of her career was in DVD as the exclusive sales agent for a large DVD distributor. Ms. Stone handled the 2,000 title catalog of movies, documentaries, lifestyle and special interest content for release to DVD, TV and ancillary media worldwide. While there she also produced straight to DVD content in a production output deal with the studio. The next stage was to open her own distribution company, Indie Vision Films, where she licensed hundreds of independent films for release in the global marketplace on TV, broadband, and DVD.

Ms. Stone took her experience to the New Media marketplace with the production of original lifestyle webisodes, the development of an Internet TV network, and the marketing, syndication, and streaming of content in the New Media arena.

As a film distributor and sales agent Bobbie has represented thousands of indie films and video content in the DVD, TV, and Broadband market worldwide.

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.

For more information, please visit us at: WWW.GLOBALUNIVERSAL.COM, or contact the Company by email at: contact@globaluniversal.com.

You’ve Got The Part: A New Casting Contest for Global Universal’s New Film, “Mr. Pink”

Wednesday, May 25th, 2011

Los Angeles, CA – May 25, 2011 – Global Entertainment Holdings (OTCQB/BB:GBHL) announced today that the “You’ve Got The Part” division of its Global Universal Film Group subsidiary is beginning a new casting contest, June 1, 2011.  The prize is a role in Global Universal Entertainment’s newly announced film. Mr. Pink. http://www.youvegotthepart.com/

Mr. Pink is expected to be a big hit, so landing a role in the film could be the “big break” most actors hope for”, stated Jackie Giroux, the creator of the site, and one of the writers and producers of the film.  This is a reality contest with elimination levels.  Audition “sides” will be available June 1st, and posted on the “You’ve Got The Part website”. Any one and every one is eligible to sign up on www.youvegotthepart.com, and upload your video take as instructed.

Following in the footsteps of other successful talent and singing contests, there will be multiple levels of eliminations. However, auditions will be viewed by everyone on the internet, so in addition to discovering new talent; there will be tons of fun, watching yourself or someone else!

Every audition will be available for the world to watch; no matter how good, bad, sad or funny.   But the grand prize may launch a new movie career.  In 2009, Ernie Trombley was discovered on www.youvegotthepart.comand acted opposite Corey Haim in Global Universal’s film, American Sunset.  Based upon Ernie’s success as an actor, plus a television pilot which was generated from the show, Global Universal decided to launch the casting contest again. “There are so many great roles in Mr. Pink, for people of all ages, so I think it is time we bring Hollywood to the doorsteps of fresh new talent, rather than demanding that talent comes to Hollywood in the traditional approach,” commented Ms. Giroux.  The casting contest begins June 1st, but you can jump start your audition by going to www.youvegotthepart.comand signing up for the newsletter list; this way you will receive all the tips and be well informed as the film contest progresses. For more information on the Mr. Pink movie go to: http://www.MrPinkMovie.com/

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.

For more information, please visit us at: WWW.GLOBAL-GBHL.COM, or contact the Company by email at: contact@globaluniversal.com.