“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.

According to Gary Rasmussen, CEO of Global Entertainment Holdings, “The digital distribution of movies is highly efficient, cost effective and profitable. Delivery is fantastic – our films will be available to consumers any place, at any time, with no packaging, no shipping or logistics to worry about. Plus, the security features of AppFlik™ solve the challenges of getting safe electronic distribution of our movies.”  Mr. Rasmussen continued “it took a little longer than expected to get it on iTunes, but when you download the free app you will see that it was worth the wait! Now that we got through the process for the first film, others should be much faster.” Level 4 Distribution is a digital distribution company engaging new technologies using apps as its new media platform. New media distribution is the next way to monetize content through smart phones, tablets, Google TV, and other new media platforms that use media-rich apps. This ‘fourth-level’ of distribution can be used for both older content that is looking for a new way to bring revenues as well as new content that desires to enhance its market reach.

The AppFlik™ is being marketed initially through iTunes since the very successful iPhone and iPad is currently the viewing screen of choice. However, with the introduction of other platforms (i.e. Google TV, Apple’s iTv, DroidX, etc.), the sky is the limit for this form of digital distribution.

The user’s cost of the app will depend on the amount of layers in the app itself. Starting at 4.99 and up, the apps can be quickly monetized to the content owner since the ROI is higher than other distribution methods. Cost to the content owner is a onetime reasonable cost whether it is a line item on a budget or a onetime fee to build it.

Stonehenge Level4 Development Partners create Apps that help film makers build awareness and broaden their distribution channels. The Apps include the film, as well as rich media features such as digital books, behind the scenes clips, trailers, news, and social media capabilities for mobile devices such as the iPad, iPhone, iTouch, as well as Android phones like the EVO 4g, G3 and Droid.

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 (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.

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.

(I-Newswire) Los Angles, CA, November 17, 2010 – Global Entertainment Holdings (OTCBB: GBHL) announced today that the Company is recognizing Film Director, Michael Masucci, for his outstanding job performance as Director of “American Sunset”, an exhilarating film starring the late Corey Haim and Frank Molina.

“I am very happy about how the film is being received;” stated Michael Masucci, Director. He continued; “from fantastic responses at the film festivals at: AFM (American Film Market), Silver Wave Film Festival, and Cannes International Film Festival to the exit reviews at the film’s limited theatrical release in Canada and the USA, I am elated.” And now it is available to the public on DVD and Blu-ray. Since Corey passed away there has been an outcry from his fans inquiring how they can obtain the movie; “it’s fulfilling to see that they are at last getting their chance.”

“We see it as ‘small town boy does well’ kind of story” stated Global Universal’s Jackie Giroux; speaking of Masucci. We are very proud of his work and wanted to give him the public recognition he deserves.
For Masucci the road to the director’s chair began shortly after earning his BA from The University of Scranton, in Scranton Pennsylvania. He enrolled into the Lee Strasberg Theater Institute. He would appear as an actor in a series of commercials, Off Broadway plays, and low budget feature films where he began working behind the camera as well. “I learned about the art of filmmaking by working and watching other filmmakers while on the set, it was a tremendous learning curve. I got to the point where I had worked in every facet of the filmmaking process both in front and behind the camera and the next natural step for me, was to direct.”

American Sunset is a thriller about a husband who awakens to find his wife missing followed by a call from an elusive character with a mysterious voice asking, “Wanna play a game?” The game is simple: a clue, a riddle, and a life hanging in the balance. The film unravels a mysterious conspiracy with numerous spellbinding maneuvers revolving around a kidnapping ploy to rob a devoted husband of his true love, while playing a game that prolongs her safety by correctly responding to riddles, which if to replied incorrectly, will surely result in fatal consequences.

The Movie, American Sunset, produced by Global Universal Pictures, in cooperation with Global Entertainment Holdings, is NOW AVAILABLE in DVD and Blu-Ray formats on the film’s Official website:
www.AmericanSunsetTheMovie.com, as well as the Company’s Tribure to Corey Haim website: www.CoreyHaimRemembered.com.

Global Entertainment Holdings recently announced that it has retained Level 4 Stonehenge Development Partners to implement its new technology, an advanced streaming technology for video distribution, called AppFlik™, that will offer American Sunset for download on Apple’s (NASDAQ: AAPL) iTunes App Store. The Company expects that American Sunset will be one of the first of many films that it will bring to the world using this state-of-the-art technology.

“I’m truly grateful to all the executives over at Global Universal and I just hope that American Sunset continues to be successful and people buy the DVD, and support the movie. We had a crew of roughly 60 people on American Sunset, and the film is a testament to the talent and hard work of the crew, which are all deserving of paramount recognition. I anticipate that the film will continue to do very well for us all.” Stated Masucci.
Michael Masucci has several Film and TV projects in development, slated for 2011.

American Sunset DVD also includes in the Bonus features, – The Behind the scenes making of American Sunset, the theatrical trailer, and a musical tribute to the cast and crew. You can find it at www.globaluniversal.com.
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 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 Visit us at WWW.GLOBALUNIVERSAL.COM or contact the company by email at: contact@globaluniversal.com ; or by fax at (818) 827-0090

Oct. 13, 2010 Los Angeles, CA – (WORLD STOCK WIRE) – Global Entertainment Holdings, Inc. a publicly traded entertainment Company (OTCBB: GBHL), and its Canadian affiliate, Global Universal Pictures (“Global Pictures”), announces the on-line distribution of the Company’s action thriller, American Sunset, exclusively on the film’s website: www.AmericanSunsetTheMovie.com, operated by Global Universal Film Group, a wholly-owned subsidiary of GBHL.

Due to an overwhelming demand from moviegoers, predominantly the late Corey Haim’s loyal fan base, Global Universal has launched the Company’s DVD sales division. With the Company having experienced a number of orders far in excess of what it had anticipated, just on the first day of availability, it was necessary for the Company to outsource the production of additional copies of the film.

“As is frequently the case with mainstream Hollywood, the movie has met its fair share of resistance. Corey Haim was a much admired Child Actor and Teen Heartthrob. His extraordinary talent was well recognized by distinguished critics at a very young age, firmly planting the establishment of his persona as the adorable little boy next door.” stated Jackie Giroux, American Sunset’s Producer.

“It’s well known how unforgiving Hollywood can be to grown up child stars, but the fans emphatically embrace him still… We have received abundant correspondence demanding an opportunity to see his final contribution to the film industry and the world. In the exclusive behind the scenes footage, Corey stated “I Want Everyone to See This Movie”, and his public will now have the opportunity to enjoy his exceptional performance in American Sunset. It is in his memory, and with this resolve that we move forward, passionately, to make this production, and others still to come, a smashing success.” concluded Ms. Giroux.

The Highly Acclaimed Film, American Sunset, features Corey Haim in his final performance as an adult leading actor. “Corey brought American Sunset to life with his outstanding performance.” stated Gary Rasmussen, CEO of Global Universal Film Group. He continues: “Between the talented cast, the exceptional directing, and the spellbinding plot of this film, it leaves nothing to be desired but a need to watch it again. We expect our internet sales to reflect these factors, as the popularity of this film continues to grow.”

American Sunset unravels a mysterious conspiracy with numerous spellbinding plot twists revolving around a kidnapping ploy that robs a devoted husband of his true love, while playing a game that prolongs her safety by correctly responding to the kidnapper’s riddles. One wrong answer means fatal consequences. As the pursuit to save his wife plunges Haim’s character deeper into a corrupt world, the greedy, deceptive and immoral motives become increasingly obvious; this is not just a random kidnapping for money, this is deadly personal.

The Movie, American Sunset, is NOW AVAILABLE in DVD and Blu-ray for distribution worldwide on the film’s Official website: www.AmericanSunsetTheMovie.com. Please visit the site and view the trailer.

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 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 Visit us at WWW.GLOBALUNIVERSAL.COM or contact the company by email at: contact@globaluniversal.com; or by fax at (818) 827-0090

GBHL CEO, Gary Rasmussen said “We are pleased to announce this broadcast arrangement with Canwest as it marks the first firm commitment for the film.  American Sunset had an exclusive screening at the Palais during the Cannes International Film Festival this past May and had audiences on the edge of their seats as they experienced the plot twists and turns of this exciting thriller! This prestigious exposure resulted in many potential sales opportunities worldwide for American Sunset, which our sales subsidiary Global Universal Film Group is actively following up on.”  Mr. Rasmussen also stated “making the cover of the Cannes Market News on May 16 during the height of the Cannes festival garnished considerable international attention for American Sunset.  Since this film is a product of Canada, and the late Corey Haim’s birthplace, it is truly fitting that we commence our subsequent sales efforts with a country wide broadcast for all Canadians to see.”

American Sunset starring the late Corey Haim and Frank Molina was directed by Michael Masucci and was also featured at the Canadian Pavilion at this year’s Cannes International Film Festival.  Eric A. Leffler, executive producer, commented, “This was Corey Haim’s last film and we’re all delighted that his abilities as an adult lead actor were finally recognized during the exclusive screening of American Sunset at the Cannes festival. Audiences in France identified with Corey’s character and the harrowing experiences his character underwent, all skillfully portrayed by Corey as a matured actor.  Hopefully soon, audiences worldwide will have the opportunity to enjoy his work and appreciate his special talent.”

During the Cannes International Film Festival, producer Jackelyn Giroux commented, “Myself, as well as the entire cast and crew, were deeply saddened by his untimely passing. Corey dubbed himself the ‘Comeback Kid’.  Although he is gone, we are pleased that Canadians will have the first opportunity to enjoy Corey’s comeback efforts and see his great performance in this exciting film.”

About Canwest

Canwest (www.canwest.com) (TSX-V: CGS and CGS.A) is Canada’s largest media company. Representing a portfolio of world-class brands, the Company creates and distributes some of the most compelling and dynamic content across multiple media platforms. The company owns and operates a conventional television network, Global Television, and 18 industry-leading specialty channels and holds ownership interest in 5 specialty channels.  Canwest is headquartered in Winnipeg, Manitoba, Canada.

About GBHL & Global Universal

Global Entertainment Holdings, Inc. (www.Global-GBHL.com) is a publicly-held, entertainment company traded on the OTC Bulletin Board under the symbol: GBHL.  The Company’s goal is to build a worldwide entertainment organization with a multitude of domestic and foreign production affiliates.  GBHL, through its wholly-owned subsidiaries, Global Universal Entertainment, Global Universal Film Group and its affiliated Canadian company, Global Universal Pictures (www.GlobalUniversal.com), is in the process of developing and producing a slate motion pictures that will be produced in both the U.S. and in Canada with recognizable star names, financed with distribution and tax incentives, with worldwide sales handled through Global Universal Film Group.  GBHL and its U.S. subsidiaries are located on the Raleigh Studios Lot in Hollywood, California USA, and Global Universal Pictures, a partially-owned, Canadian affiliate, is located in Fredericton, New Brunswick, Canada. Information on previously completed films can be found on the Company’s website, or on the Internet at: www.AmericanSunsetTheMovie.com, and www.PlasterRockMovie.com.

Global Renaissance Funding (GRF) is a Joint Venture entity formed by GBHL and Global Renaissance Entertainment Group (www.theGlobalRenaissance.com), helmed by Co-CEO Arthur Wylie.  GRF intends to finance a slate of films, including films based on several best-selling books written by novelist Omar Tyree. GBHL, through another wholly owned entity, You’ve Got The Part (http://www.youvegotthepart.com), will attempt to capitalize on the current popularity of Hollywood and reality based programming by casting various film roles online.  Anyone with access to a digital camera or cell phone will soon be able to submit their audition for a role in an upcoming film.

Coverage of GBHL’s common stock has been initiated by “The Wall Street Corner” (www.wallstreetcorner.com/daily.html).  Further information on the Company and/or its publicly traded stock can be obtained from Worldwide Financial Solutions at: wfsolutions@gmail.com, (765) 780-0915; or, directly from the Company 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,” “Hopefully” 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 undertake any responsibility to update the “forward-looking” statements contained in this news release.

Global Entertainment Holdings, Inc.
Raleigh Studios Lot
650 N. Bronson Ave., Suite B-116
Los Angeles, CA 90004  USA

Phone:   877-807-8880

Fax:        818-827-0090

American Sunset will be represented at the Cannes Film festival through a sales representation agreement recently signed between Global Universal Film Group and ID Communications, Inc., based in Montreal, Canada.

ID Communications is a global marketing and distribution company for international film, television, DVD and web-based media. ID Communications presents selected feature films at the world’s leading motion picture venues such as, the European Film Market in Berlin, MIPCOM in Cannes, Realscreen in Washington, D.C. and the American Film Market in Los Angeles.

American Sunset, produced in Canada by Global Universal Pictures, and represented by Global Universal Film Group for domestic and international sales, made its industry premiere at the American Film Market in Los Angeles last Fall. The film

GBHL President and CEO, Gary Rasmussen said, “history has certainly shown us that the transition from successful child star to a well deserved reputation as a serious adult actor is extremely difficult at best. I believe Corey achieved that transition with his stellar performance in American Sunset. We truly hope that our showcasing of his last work at the prestigious Cannes Film Festival will solidify Corey’s well deserved place in film history.”

Jackie Giroux, President of Global Universal Pictures, and the writer and producer of American Sunset stated, “Corey was simply a delight to work with on American Sunset. Myself and our entire cast and crew were deeply saddened by his untimely passing. I am confident that his abilities will be recognized at the Cannes Film Festival, as this will give a worldwide audience the opportunity to enjoy his final work and appreciate his special talent.”

About GBHL & Global Universal

Global Entertainment Holdings, Inc. is a publicly-held, entertainment company traded on the OTC Bulletin Board under the symbol: GBHL; website: www.Global-GBHL.com. The Company’s goal is building a worldwide entertainment organization with a multitude of domestic and foreign production affiliates. GBHL, through its wholly owned subsidiary, Global Universal Film Group, Inc. (www.GlobalUniversal.com), and its affiliated Canadian subsidiary, Global Universal Pictures, is in the process of developing and producing a slate motion pictures that will be produced in the U.S. and in Canada with recognizable star names, for worldwide release. Information on its recently completed film can be found at: www.AmericanSunsetTheMovie.com.

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.

Further information on the Company and/or its publicly traded stock can be obtained by contacting Worldwide Financial Solutions at wfsolutions@gmail.com; (765) 780-0915; or the company directly 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.

URL: WWW.GLOBALUNIVERSAL.COM.
Global Entertainment Holdings, Inc.
Global Universal Film Group, Inc.
On the Raleigh Studios Lot
650 N. Bronson Avenue, Suite B-116
Los Angeles, CA 90004 USA
Phone: +1 /877/ 807-8880

2009-10-28 14:37:54 EST

Global Universal Pictures

Hosts Corey Haim at “One on One” Press Conference

For Immediate Release …..

Los Angeles, CA – (WORLD STOCK WIRE) – October 29, 2009 — Global Entertainment Holdings, Inc. (“Global”), a publicly traded entertainment Company (OTC: GBHL), and its Canadian affiliate Global Universal Pictures (Global Pictures) is pleased to announce that COREY HAIM, the star of AMERICAN SUNSET, will be giving his first “one on one” press conference at the AMERICAN FILM MARKET in the VENICE ROOM of the LOEW’S HOTEL from 2:30 PM to 3:30 PM, on November 6, 2009. Corey will speak about his first starring role, in three years, where he plays the husband of a kidnapped woman and is led on a wild goose chase, filled with riddles and clues, and knowing that if he misses just one clue, his wife will be killed!

AMERICAN SUNSET will hold its red carpet, world premiere, with a private “after party”, on November 9th at 7:30 PM, where Corey will be available to meet and greet his fans. For further information and tickets to this exclusive premiere event, please visit Corey’s personal web site at:www.coreyhaim.us.

AMERICAN SUNSET stars former teen superstar Corey Haim, Frank Molina, Bernie Robichaud and Angela Cullins. The film was written and produced by Jackelyn Giroux and directed by Michael Masucci. The film’s official website: (www.AmericanSunsetTheMovie.com)

Global Entertainment Holdings, Inc. is a public Company, traded on the “OTC” under the symbol, GBHL. The Company goal is building a global entertainment organization. GBHL, through its wholly owned subsidiary, Global Universal Film Group, Inc. (http://www.globaluniversal.com), and its partially-owned Canadian subsidiary Global Universal Pictures, is in the process of developing and producing a slate motion pictures in Canada with recognizable names, 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. Further information on the Company and/or its publicly traded stock can be obtained by contacting the company at: contact@globaluniversal.com; facsimile: (818) 827-0090;

URL: WWW.GLOBALUNIVERSAL.COM.

SOURCE: Global Universal Pictures, Inc.

A Global Entertainment Holdings Affiliated Company

Jackelyn Giroux, President of Global Pictures, stated “We are excited to be presenting the exclusive release of AMERICAN SUNSET, starring Corey Haim and Frank Molina, at our red carpet world premiere at the Santa Monica Laemmle Theatre on November 9th at 7 30 PM, with both actors attending and signing autographs. A private party with many of Haim’s exclusive fans is planned afterwards. In addition, AMERICAN SUNSET will have two buyer screenings at the Loews Screening Room on Saturday, Nov 7th at 11 AM, and again on Sunday Nov. 8th at 1 PM.”

Another film produced by Global Pictures, BLUE SEDUCTION, starring Billy Zane and Estella Warren, also will have a limited showing at the AFM market.

Global CEO, Gary Rasmussen, commented that, “In addition to AMERICAN SUNSET, Global Films will be representing Freelance Filmworks’ award winning film, ROUNDS, starring Mark Atienza, and Billy Drago and featuring James Handy. ROUNDS won “Best Drama”, “Best Screenplay” and “Best Actor” (Mark Atienza) at the 29th Annual Breckinridge Festival of Film 2009, and will be shown to buyers at the Global Universal offices at AFM in Room 220 at the Lowes Hotel.

Ms. Giroux further added, “Global Pictures and Global Films, our film sales subsidiary, will have four exclusive films from New Brunswick, Canada: COO COO CAFÉ, co-starring Barbara Carrera and Wayne Rogers, LAKE FRONT, directed by Doug Sutherland, WOMEN WITHOUT WINGS, winner of the Silver Remi Award, Houston Worldfest, and THE BAKE UP MAN, starring Isabelle Cyr.”

Global Universal has recently finalized financing on their third film this year, PLASTER ROCK, about a group of murders which took place in a hunting lodge fifteen years ago. The new film will be produced in Canada by Jackelyn Giroux, president of Global Pictures.

Global Entertainment Holdings, Inc. is a public Company, traded on the “OTC” under the symbol, GBHL. The Company goal is building a global entertainment organization. GBHL, through its wholly owned subsidiary, Global Universal Film Group, Inc. (http://www.globaluniversal.com), and its partially-owned Canadian subsidiary Global Universal Pictures, is in the process of developing and producing a slate of six to eight motion pictures. GBHL is focused on the financing and production of feature-length films, with recognizable names, for worldwide release. GBHL, through another wholly owned subsidiary, You’ve Got The Part, Inc. http://www.youvegotthepart.com, will attempt to capitalize on the current popularity of Hollywood and reality based programming. Coverage of GBHL’s common stock has been initiated by “The Wall Street Corner” (www.wallstreetcorner.com/daily.html).

Further information on the Company and/or its publicly traded stock can be obtained by contacting the company at: contact@globaluniversal.com or (877) 807-8880. URL: WWW.GLOBALUNIVERSAL.COM

SOURCE: Global Universal Film Group, Inc., a wholly-owned subsidiary of
Global Entertainment Holdings, Inc. (OTC: GBHL)

Gary Rasmussen, CEO
Global Entertainment Holdings
650 N. Bronson
Los Angeles, CA 90004
USA

Phone: 877-807-8880