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NEWS and PRESS RELEASES

Posts Tagged ‘Global Entertainment Holdings’

Global Entertainment Media Announces Successful Demonstration of Proprietary “i-HUB” Set-Top Box

Wednesday, August 20th, 2014

Los Angeles, Aug. 19, 2014 (GLOBE NEWSWIRE) — Global Entertainment Holdings (OTC: GBHL) has announced that its subsidiary, Global Entertainment Media (GEM), completed a successful demonstration of the i-HUB set-top operating device, a new convergence technology system that enables internet users and content viewers to easily find and view countless hours of programming and media content available throughout the internet with just a few “clicks”, or using voice commands.

The Florida demonstration was witnessed by Kirk Kirkpatrick, CEO of MDS America, one of the leading MVDDS (Multichannel Video and Data Distribution Service) technology companies with interests throughout the world including a 700 channel system in the UAE serving Dubai and Abu Dhabi.

Following the demonstration, Mr. Kirkpatrick stated, “What I witnessed at your demonstration has instilled me with great confidence that GEM’s set top device not only performs well, but that it will indeed efficiently combine content and technology at a far superior level and lower price than any potential competitors as a result of GEM’s unique capability of a “back channel” enabling users to seek and source all forms of Internet content and “pull” such content down to the viewer’s monitor/TV. I was also impressed the look and feel of your electronic program guide that is embedded within the HUB system to enable the user to search the entire web for specific content”.

The partnership with MDS America ensures GBHL will cover a wide footprint, capable of reaching almost one-third of U.S. households. MDS America has the FCC license to provide wireless MVDDS for the State of New Mexico, as well as the licenses to broadcast data and content in 79 other selected markets in the US.

The technology behind the proprietary “i-HUB” Set -Top Box (STB) is a powerful Intel (i-3) processor, alongside 4 GB of ram, and a large 1 TB hard drive for Digital Video Recording (DVR) storage. Additionally, the STB features all major music channels in HD audio, while providing seamless navigation with a Solid State Drive that provides no latency. The “i-HUB” provides a plethora of user-friendly functions including: voice activated search functioning, Bluetooth/WiFi remote options, and a managed “back end” which provides remote fixes & superior support for the multitude of advanced functions the “i-HUB” integrates.

The “i-HUB” is a game changer and will provide an invaluable convenience in respect to distributing an advanced variety of entertainment. Gary Rasmussen, Chief Executive Office of Global Universal Entertainment stated, “Our next objective is to field test a consumer version of i-Hub using selected MDS America’s subscribers to their flagship MVDDS operation in Albuquerque, NM, to be followed by an extensive rollout throughout the country and, ultimately, worldwide. It is part of Global Entertainment’s planned diversification into delivery of media content, as well as production of compelling and sought-after video entertainment.” This product will be a prominent contender; distributing limitless entertainment options that utilize an extensive global database, and cost-effective delivery platform. Unlike traditional providers, Global Entertainment Media plans to kill the “static” with its revolutionary “i-HUB”.

About Global Entertainment Holdings, Inc. GBHL

GBHL is a publicly-held, entertainment company with the goal of building a worldwide entertainment and media organization with domestic and foreign subsidiaries, affiliates and/or joint venture partners. GBHL operates primarily through its wholly-owned subsidiaries of Global Universal Film Group (Film Production & sales), Global Entertainment Media (media content delivery; the “i-HUB”) and Global Entertainment Film Fund, LLC (Film Slate Financing). The Company is determined to stay on the cutting edge of social networking and media distribution through its wholly-owned subsidiary, You’ve Got the Part, Inc. You’ve Got the Part plans to capitalize on the current popularity of Hollywood and reality-based programming by offering participants a chance at small speaking roles online, in a real Hollywood movie or video production, for which anyone with access to a Smartphone or a digital camera can apply. Global Entertainment Media is focused on development of digital distribution of media content with the i-HUB set-top convergence system. The Company also utilizes joint ventures to maximize revenue while reducing equity exposure. A recently announced joint venture in the areas of film productions, tech-education and social media promotion, Global-Mahvrick, LLC, was formed with Mavhrick Networks to further GBHL’s corporate goals.

For more information on GBHL, please visit: http://www.global-gbhl.com/m.

or contact the Company by email at: info@GlobalUniversal.com

About MDS America, Inc.

MDS America is the premier builder of MVDDS systems for high-speed wireless broadband delivery of video and Internet data by terrestrial transmission for customers worldwide. Information on MDS America can be found at MDS America.

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.

CONTACT:

Global Entertainment Holdings, Inc.
Email: Info@globaluniversal.com

Address: Raleigh Studios
650 N. Bronson Ave., Ste B116
Los Angeles, CA 90004

Office: 877.807.8880
Fax: 818.827.0900

New York Times

Los Angeles Times

CNBC

 

Source: UPTICK Newswire

 

 

Global Entertainment Holdings Announces Product Updates

Friday, August 15th, 2014

Los Angeles, CA / ACCESSWIRE / August 14, 2014 / Global Entertainment Holdings (GBHL), a fully reporting company consists of: Global Universal Film Group, Global Entertainment Film Fund LLC, Global Entertainment Media, and You’ve Got the Part, Inc. The Los Angeles based firm has been instrumental in creating low-risk investment opportunities by utilizing large tax credits, co-treaty productions/financing, post-production deferments/hedging strategies, geographical production ( in respect to tax deductions) and back-end participation arrangements with production talent.

Collectively the company’s management team has over 100 years in the business entertainment arena and employs a business model that creates “captivating” films while simultaneously exercising a “continuum” of residual income for the company and its shareholders alike. GBHL targets a “built-in- audience” by utilizing successful novels & established films (Mr. Pink, The Emissary, Final Reel) as production targets for movie projects.

Global Entertainment Media has spent more than 2 years developing “i-HUB” (internet- Home Utility Base), which is slated to become the modern day solution to satellite/cable programming. “The i-HUB is the Cadillac of boxes”, stated Gary Rasmussen CEO of Global Entertainment Media. The “i-HUB” features an exclusive “back channel” which allows the “i-HUB” team to see the viewer’s screen and make real-time adjustments as needed. To clarify, technical issues pertaining to the set –top- box (STB) can be fixed remotely, usually within minutes. This eliminates the cost and time associated with traditional satellite/cable providers who need to schedule a technician to physically visit the service address.

GBHL has a potentially lucrative partnership with MDS America which will serve as a rapid and cost-effective delivery platform in respect to back-end technology infrastructure. The partnership provides an optimal wireless delivery platform that supports a cloud based environment. Additionally, the user friendly features allow interaction with the platform via a Smartphone/tablet APP or the “i-HUB” remote control unit. Users will interact with the technology by simply selecting or speaking the desired program/s. Upon the original programming inquiry the “i-HUB” will utilize a proprietary search database that scans the entire global network of media and finds the best fit, providing maximum user satisfaction. This set-top-box allows users to pick and choose channels and networks a la carte, eliminating the restrictions of traditional programming packages.

Seamless navigation, 4k ultra high definition picture quality, and remote support make the “i-HUB” a modern day solution to traditional television programming. Another flagship digital development offered by Global Entertainment Holdings is “You Got the Part” (YGtP). “You Got the Part, is for anyone, anywhere at anytime who wants a shot at their 15 seconds of fame for the cost of a cup of coffee”, stated Gary Rasmussen. The trademarked & copyrighted technology provides the opportunity for users to audition for upcoming roles in major motion picture films.” The crowd promotion social networking platform has gained enormous popularity simply because it levels the playing field, and allows anyone to audition for Hollywood roles at anytime just by filming themselves with their Smartphone or a webcam.

Importantly, YGtP will not rely on only one, but enjoy several streams of revenue – from small ($1.99) upload fees; plus significant ad-rev-share from millions of eyeballs driven to the website; plus co-promotion opportunities with well known products and services; plus continuous sales of valuable meta-data.

Currently Global Entertainment Film Fund LLC, has completed several titles including, “Blue Seduction”, “Plaster Rock”, “American Sunset”, and also retains several vintage films (Complete Film Line-up).

About Global Entertainment Holdings, Inc. GBHL

GBHL is a publicly-held, entertainment company with the goal of building a worldwide entertainment and media organization with domestic and foreign subsidiaries, affiliates and/or joint venture partners. GBHL operates primarily through its wholly-owned subsidiaries of Global Universal Film Group (Film Production & sales), Global Entertainment Media (media content delivery; the “i-HUB”) and Global Entertainment Film Fund, LLC (Film Slate Financing). The Company is determined to stay on the cutting edge of social networking and media distribution through its wholly-owned subsidiary, You’ve Got The Part, Inc. You’ve Got the Part plans to capitalize on the current popularity of Hollywood and reality-based programming by offering participants small speaking roles online, in a real Hollywood movie or video production, for which anyone with access to a Smartphone or a digital camera can apply. Global Entertainment Media is focused on development of digital distribution of media content with the i-HUB set-top convergence system. The Company also utilizes joint ventures to maximize revenue while reducing equity exposure. A recently announced joint venture in the areas of film productions, tech-education and social media promotion, Global-Mahvrick, LLC, was formed with Mavhrick Networks to further GBHL’s corporate goals.

For more information on GBHL, please visit us on the Internet at: http://www.global-gbhl.com/m. or contact the Company by email at: info@GlobalUniversal.com

About MDS America, Inc.

MDS America is the premier builder of MVDDS systems for high-speed wireless broadband delivery of video and Internet data by terrestrial transmission for customers worldwide. Information on MDS America can be found at MDS America.

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.

CONTACT:

Global Entertainment Holdings, Inc.
Email: Info@globaluniversal.com

Address: Raleigh Studios
650 N. Bronson Ave., Ste B116
Los Angeles, CA 90004

Office: 877.807.8880
Fax: 818.827.0900

Wall Street Journal

Yahoo Finance

Investors HUB

 

GLOBAL ENTERTAINMENT HOLDINGS ENTERS DIGITAL CONVERGENCE MARKET

Friday, February 7th, 2014

Los Angeles, CA – February 6, 2014 – Global Entertainment Holdings (OTC: “GBHL”) announced today that it has formed a new operating subsidiary, Global Entertainment Media, Inc. (“GEM”), which will participate in the explosive growth of the new ‘Digital Convergence’ marketplace.

GEM is developing a “media & entertainment content convergence” product, tentatively called the “HUB”, or “Home Utility Base”, that will efficiently compete with current entertainment content providers by offering consumers an economical home entertainment medium designed to consolidate a vast array of content libraries, high-speed Internet and HD off-air TV, and online content (whether broadcast or streamed) while shifting seamlessly between a wide variety of home entertainment offerings for television viewing in high definition.  The HUB unit (a set top smartbox) plans to offer free recording of multiple channels from different sources.

“Until now, convergent digital media devices have usually had a proprietary bias in that a customer is forced to use only their brand or products.” stated Gary Rasmussen, CEO of GBHL. “With our HUB product, we expect to change that by letting consumers choose content from limitless sources in all mainstream formats providing the consumer with a virtually unlimited “library” without regard to brand.” Rasmussen continued, “We have already assembled a talented team, experienced in various digital technologies, who bring their expertise to Global Entertainment Media to ensure the successful launch of the HUB.”

The Company anticipates field testing of the HUB prototype to commence during the second quarter of this year, utilizing a wireless MVDDS solution for connectivity and content delivery.

About Global Entertainment Holdings, Inc. (OTC: GBHL): GBHL is a publicly-held entertainment company with the goal to build a worldwide entertainment and media organization with domestic and foreign subsidiaries, affiliates and/or joint venture partners. GBHL operates primarily through its wholly-owned subsidiaries of Global Universal Film Group, Global Entertainment Media, Global Entertainment Film Fund, LLC, and its partially-owned Canadian subsidiary, Global Universal Pictures, through which film production, film finance, development and sales activities are carried out. The Company is determined to stay on the cutting edge of social networking and media distribution through its wholly-owned subsidiary, You’ve Got The Part, Inc. You’ve Got the Part plans to capitalize on the current popularity of Hollywood and reality-based programming by offering participants small roles online, in a Hollywood movie or video production, for which anyone with access to a digital camera can apply. The Company also utilizes joint ventures to maximize revenue while reducing equity exposure. Recently announced joint ventures in the areas of film productions, tech-education and urban youth apparel further GBHL’s corporate goals.

For more information on the Company, please visit our websites at: www.Global-GBHL.com, www.GlobalUniversal.com, or email the Company at:info@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 218 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 press 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.

Trademark & Copyright Awarded For “You’ve Got The Part”

Tuesday, January 28th, 2014

Los Angeles, CA – January 28, 2014 – Global Entertainment Holdings (OTC: “GBHL”) announced today that its wholly-owned subsidiary, You’ve Got The Part, Inc., was awarded a Trademark and a Copyright by the U.S. Patent & Copyright Office, in connection with the roll out of the Company’s new social media web portal, ”You’ve Got The Part”.Gary Rasmussen, CEO of Global Entertainment, commented, “You’ve Got The Part is a social media website that allows anyone, anywhere and at anytime, the opportunity to be selected for a role in a real Hollywood movie via the Internet using their SmartPhone or web cam.  I believe You’ve Got the Part represents a lucrative opportunity our Company to capitalize on a tremendous revenue potential arising from America’s unquenchable thirst to see new talent discovered.”  Jackie Giroux, President of Global Universal Film Group, stated, “Both the Trademark and Copyright validate the uniqueness of our concept in You’ve Got The Part.  It is a technique that significantly changes the paradigm in promoting virtually anything by relying on “the crowd” to generate the excitement and interest. This concept could very well become one of the biggest changes in social media by giving everyone their shot at “15 seconds of fame” with a role in a real Hollywood movie!” Daniel A. Sherkow, Chief Operating Officer of Global Entertainment Holdings, added, “The advantage to You’ve Got The Part! is that its creates extraordinary efficiencies in marketing and promotion for businesses, services, and organizations, while also generating a massive interest in a product or event amongst the millions of internet users and social networkers around the world.  We have already begun discussions with numerous partners who have expressed the desire to use You’ve Got The Part across a broad spectrum of products and services at a nominal cost.”
 
About Global Entertainment Holdings, Inc. (OTC: GBHL):  GBHL is a publicly-held, entertainment company.  The Company’s goal is to build a worldwide entertainment and media organization with domestic and foreign subsidiaries, affiliates and/or joint venture partners.  GBHL operates primarily through its wholly-owned subsidiaries of Global Universal Film Group, Global Universal Entertainment, Global Entertainment Film Fund, LLC. and its partially-owned Canadian subsidiary, Global Universal Pictures, through which film production, film finance, development and sales activities are carried out.  The Company is determined to stay on the cutting edge of social networking and media distribution through You’ve Got The Part, Inc., a wholly-owned subsidiary.  You’ve Got the Part plans to capitalize on the current popularity of Hollywood and reality-based programming by offering small roles online, in a Hollywood movie or video production, that anyone with access to a digital camera can apply for.  The Company also utilizes Joint Ventures to maximize revenue, while reducing equity exposure. Recently announced joint ventures in the areas of film productions, tech-education and urban youth apparel further GBHL’s corporate goals.
 
For more information on the Company, please visit our websites at: www.Global-GBHL.com, www.GlobalUniversal.com, or email the Company at: info@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 218 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 press 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.

Global Entertainment Holdings Announces Joint Venture With “Pillbillie”

Saturday, May 25th, 2013

Los Angeles, CA – May 21, 2013 –  Global Entertainment Holdings, Inc. (OTC: GBHL) announces it has established Pillbillie-Global, LLC, as a 51% owned joint venture with “PillBillie“, to promote PillBillie’s exciting new brand of urban apparel, including high end T-Shirts, hoodies, caps, shoes, and other branded merchandise.

PillBillie is a positively influenced brand. The simple, yet unique and animated logo, plus positive verbiage has enticed all ages. PillBillie’s mass appeal is due to its playful expressions paired with unique color combinations. PillBillie is the cure! (View the PillBillie brand at:  http://pillbillie.com/) PillBillie-Global will make use of Global Entertainment’s promotional expertise to create mass appeal and sales for the PillBillie brand using commercials and Internet-based crowd promotional campaigns, including online contests that will seek to identify spokespersons across the country for the  PillBillie Gary Rasmussen, CEO of GBHL, commented, “PillBillie is a dynamic new brand featuring a remarkable character that appeals to audiences of all ages.”

GBHL’s Jackie Giroux added, “PillBillie is poised to be the next ‘Hello Kitty’™. We’re delighted to come together with such a creative team, and plan to generate mass consumer awareness for this “hip” new fashion brand utilizing our proprietary website: http://www.YouveGotThePart.com. Jonathon Scruggs, the creative force behind the PillBillie brand stated, “John (Carter), Jeremy (Dixon), and I are delighted to be working with the impressive team at Global Entertainment.  We’re confident they will add substantial value to our joint venture via awareness and increased sales for PillBillie.”

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.

The Night has Halloween Syndication Offer

Wednesday, May 25th, 2011

Los Angeles, CA – May 24, 2011 – Global Entertainment Holdings (OTCQB/BB:GBHL) announced today that Global Universal Pictures (Global Universal), a partially owned Canadian affiliate, has received a syndication television offer for The Night, currently in post production.

“We already have an offer for Halloween week, so we are diligently working to finish the film for delivery this Fall”, states Producer Jackie Giroux. “The trailer can be seen on YouTube at: http://www.youtube.com/user/globalgbhl#p/u/0/HbnU4M4NN5c, and will soon make its debut on the film’s new website at: http://www.TheNightTheMovie.com.

The Night, filmed in Grand Falls, New Brunswick, Canada, continues the blueprint of success which has become a bankable trademark of Global Universal. The Company strives to combine a favorable mix of tax credits (offsetting a significant portion of production costs), named talent and quality distribution partners to develop, produce and market quality feature-length films.

“Wow! Was it cold”, commented co-star Lalesha Railsback, daughter of veteran actor Steve Railsback. “But this being a ghost story, the cast and crew took full advantage of those creepy locations at 3 am, so the film is sure to be scary!”

In addition to Lalesha Railsback, The Night features Syfy television star Lex Gigeroff, Jimmy McKinley, Angele Bourgeous, Trevor Richardson and featuring 10-year old Ian Hamrick as the ghost “Rodney.” Canadian director, Shari Hamrick and Executive Producer Trevor Richardson, both of the Canadian Company Alianza Films International in Vancouver, BC., participated in financing. GBHL CEO, Gary Rasmussen, is co-executive producer, with Giroux as writer, and Ben Martin as producer.

About Global Entertainment Holdings, Inc. (OTC: GBHL) is a publicly-held, entertainment company. The Company’s goal is to build a worldwide entertainment organization with a multitude of domestic and foreign production affiliates. GBHL, operating through its wholly owned subsidiaries, Global Universal Film Group, Inc., Global Universal Entertainment, Inc., and its partially-owned Canadian subsidiary Global Universal Pictures, is in the process of developing and producing a slate of motion pictures in Canada and the U.S., employing recognizable-named talent, for worldwide release. GBHL is focused on the financing and marketing of these feature-length films. GBHL, through another wholly owned subsidiary, You’ve Got The Part, Inc. (www.youvegotthepart.com), will attempt to capitalize on the current popularity of Hollywood and reality based programming by casting small roles online that anyone with a digital camera can apply for.

Safe Harbor: Pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934, any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals and assumptions of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this release may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions such as “may,” “could,” or “might” occur. Such statements reflect the current views of GBHL and its affiliated companies with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance and commercial appeal of its feature-length films, its film production services, competitive market conditions in the motion picture industry (both in the US and foreign markets), successful sale of the rights to film content produced, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Neither Global Entertainment Holdings, nor its affiliated or subsidiary entities undertakes any responsibility to update the “forward-looking” statements contained in this news release.

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

Global Entertainment Holdings Announces “Plaster Rock” Now Available on DVD

Wednesday, December 22nd, 2010

December 22, 2010, Los Angeles, CA — Global Entertainment Holdings, Inc. (OTCBB: GBHL) announces the commercial release of the latest movie, “Plaster Rock – Terror on the Tobique”, produced by its Canadian affiliate, Global Universal Pictures. The film is being released by another subsidiary, Global Universal Film Group. “We are excited to be releasing this film to the public”, stated GBHL CEO, Gary Rasmussen. He continued “revenues from the release of American Sunset are being realized in this fiscal quarter and now Plaster Rock will ramp up revenues in the first quarter of 2011. Our previous film, American Sunset, starring the late Corey Haim, is scheduled to be released as an AppFlik on Apple iTunes before year end and, depending on how well it is received, we will also consider releasing Plaster Rock as an AppFlik.” The Plaster Rock DVD, along with a Free Plaster Rock Hat, is now available at: www.PlasterRockMovie.com.

“Plaster Rock – Terror On The Tobique”— Based upon events that actually occurred near the filming location, four young men and women are boated into a hunting lodge in the wilds of northern New Brunswick, Canada to partake in a cross country ski race in which the winner will reap a cash prize of $250,000. Each contestant is a former athlete or high-profile celebrity who has already received a deposit of $25,000 for their time just to travel and enter the race in the desolate area known as “Plaster Rock.” The only problem is, once left at the lodge by boat, there is no way out, and each contestant begins to realize they have more at stake than the cash prize.

Plaster Rock is a fast-paced thriller-horror film which takes place in remote wilderness where you need more than luck to survive!

Jackie Giroux, the film’s co-creator and director, commented, “…the use of a professional magician as an integral part of a films’ plot is very rare. What makes our film unique is, we utilized the world renown talents of Peter Loughran, Master of Illusions. Peter has created original Illusions for top magicians around the world including Criss Angel for the popular television program called “MindFreak!” Peter gives an amazing performance in Plaster Rock.”

Peter Loughran states, “It was really a thrill for me to take a break from designing magic and illusions, and sharpen my acting skills to become one of the central characters in “Plaster Rock.” My character was based on one of the oldest unsolved mysteries in New Brunswick, so it was equally challenging to research ‘this very real psycho’ and sink my teeth into a very meaty role, while creating many of the illusions in the film..” Peter’s site www.masterofillusions.ca has over three thousand fans.

The femme fatale, Lalesha Railsback, is no stranger to horror films, since her father, veteran actor Steve Railsback, played Charles Manson, of the critically acclaimed film Helter Skelter. Ms. Railsback commented, “My dad has always been a method actor, and I have learned so much from his days at The Actors Studio.” Lalesha has been acting since she was fifteen years old, and co starred in movies such as Coo Coo Cafe with Barbara Carrera (directed by her Mom, Jackie Giroux), and The Mondavi Gang, which she co-directed. Most recently, she co-stars in another Global Universal film produced by Jackie Giroux, and currently in post production, The Night, which is due to be released in February of 2011. “Global Universal has been so dedicated to the up coming new talent, and enabled us to work together as a family, which is rare in the film business today”, added Lalesha Railsback.

Plaster Rock had a limited theatrical release at the Grand Falls Cinema Three, with Iron Man 2 and Nightmare on Elm Street, in May of 2010. Both Kirk Davidson, of K-93 FM Radio, and Kelsey McDonald of The Victoria Star News, gave Plaster Rock very favorable reviews.

About Global Entertainment Holdings, Inc. (OTC: GBHL) is a publicly-held, entertainment company (www.Global-GBHL.com). 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 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.

Director Michael Masucci Recognized By Global Entertainment Holdings For His Outstanding Work On American Sunset

Wednesday, November 17th, 2010

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-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

Global Universal Successfully Enters Online DVD Sales With Popular Demand For American Sunset

Wednesday, October 13th, 2010

GLOBAL UNIVERSAL SUCCESSFULLY ENTERS ONLINE DVD SALES WITH POPULAR DEMAND FOR AMERICAN SUNSET

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

Award Winning Producer, Jeffrey Bowler, Joins Global Entertainment Holdings

Monday, August 30th, 2010

Award Winning Producer, Jeffrey Bowler, Joins Global Entertainment Holdings, as Chief Consultant for U.S. Production Subsidiary

Los Angeles, CA – (World Stock Wire) – August 30, 2010, Global Entertainment Holdings, Inc. (OTCQB: GBHL), is pleased to announce that Jeffrey Bowler, an award winning producer/executive, has joined the Global Universal management team.  Mr. Bowler will serve as consultant to the Company in charge of building our U.S. production company, Global Universal Entertainment.

GBHL’s CEO, Gary Rasmussen, stated that “Jeff Bowler will drive the day-to-day business of Global Universal Entertainment and expand upon our already successful film business by developing film and television opportunities, as well as building an ‘in-house’ sales team.”

Mr. Bowler was the co-founder of the highly successful film and TV production company Insomnia Media Group, which had a housekeeping deal at MTV and Paramount, as well as a first look deal at Fox TV Studios.  Mr. Bowler recently produced the thriller “Across The Hall”, starring the late Brittany Murphy and “The Grand”, featuring Woody Harreslon and Ray Romano.

Prior to his tenure at Insomnia, Mr. Bowler was a top executive at World Wrestling Entertainment, Inc. (NYSE: WWE), an integrated media organization and recognized leader in global entertainment. Prior to WWE, he served as an executive with Bandai Entertainment (The Power Rangers), a subsidiary of Namco Bandai Holdings (USA) Inc., the premier distributor of Japanese animation on DVD and programming for television broadcast in North America.

“The immediate goal is to establish a footprint in the television world for Global Universal and in concert expand the feature film business in the United States with a focus on films in the $5 Million to $15 Million range, starring ‘A-List’ actors.  The next phase of building our U.S. operations will be starting or acquiring a foreign sales division that will aggressively pre-sell, market and sell the films produced ‘in-house’ to help reduce our capital exposure in producing the films”, commented Jeffrey Bowler.

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.  Global Universal Pictures is a Canadian film production company with offices in Fredericton, New Brunswick, Canada, and on the Raleigh Studios Lot in Hollywood, California USA. 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.

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 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.

Information on the Company and/or its publicly traded stock can be obtained from Worldwide Financial Solutions at: wfsolutions@gmail.com; or, directly from the Company at: contact@globaluniversal.com.


URL: WWW.GLOBALUNIVERSAL.COM

Gary Rasmussen, CEO

Global Entertainment Holdings, Inc.

On the Raleigh Studios Lot
650 N. Bronson Avenue, Suite B-116
Los Angeles, CA  90004    USA
Phone: +1 /877/ 807-8880

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.