Los Angeles, CA (PRWEB) November 30, 2011
EQ Media, Inc., a Los Angeles-based entertainment and media company has acquired the wholly-owned subsidiaries The Gift, LLC and Equilibrium Entertainment, LLC. With this acquisition, EQ Media will be producing innovative content for film, television, online, digital and interactive media platforms. Through its property, “Discover the Gift,” an acclaimed film and book release, EQ Media will also be specializing in creating socially conscious media properties for all distribution channels. The company is focused on creating transmedia content for traditional entertainment and new and emerging media channels of distribution.
“EQ is excited and optimistic about the acquisitions of The Gift, LLC and Equilibrium Entertainment, LLC as wholly owned subsidiaries of our company. This will give EQ Media Inc. the long term platform to drive socially conscious media products to the marketplace while also producing high quality entertainment content in the traditional and emerging media platforms including motion picture, television, online and mobile. We believe this diversified portfolio will provide great value to our shareholders and to our customers in the years to come,” said Demian Lichtenstein, Chairman, CEO of EQ Media, Inc.
About EQ Media: EQ Media Inc. was formed in 2011 and the wholly owned subsidiaries acquired were founded by Demian Lichtenstein. Lichtenstein who has directed, produced, written, photographed, taped and/or recorded audio on over 225 features, short films, music videos, commercials and concerts, serves as Chairman, CEO for EQ Media Inc. He lives in Los Angeles and New York City. The company's current stated goals are the following: EQ Media is committed to being an industry leader as a global multimedia company focusing on the Motion Picture, TV, and digital content including Online Gaming and Applications, along with Transformational/Self-Help products. These sectors represent an aggregate total of $200 billion plus in annual revenues, based on industry estimates. EQ Media has created dynamic content on all platforms that inspire the human spirit through the magic of story-telling using the latest innovative technology and distribution. Management believes that EQ's portfolio will provide for high margin, profitable products and solutions via its strategic relationships, world class management team and cutting edge intellectual property.
About The Gift, LLC: Harmony Books, an imprint of the crown Publishing division of Random House Inc. acquired the world English rights to Discover the Gift, a feature-length inspirational documentary film created and directed by Demain Lichtenstein, as well as a companion book of the same title written by Mr. Lichtenstein and his sister, Shajen Joy Aziz in the fall of 2010. The film was launched via DVD and VOD in the summer of 2011. The book was published in hard cover during the same time period. Both film and book are being distributed electronically in a limited theatrical release throughout the English-speaking world. Foreign rights to the book have been sold in 22 countries. Discover the Gift introduces the gift, a compelling and broadly appealing concept that encapsulates the wisdom one needs to unlock one’s fullest potential. The book and film illuminate the extraordinary gift that is in each of us to allow the miracle of their gift to live in direct proportion to the degree which someone will feel and experience joy, power, fulfillment, freedom and unconditional love.
The 95- minute motion picture Discover the Gift stars transformational leaders and teachers such as his holiness The Dali Lama, Jack Canfield, and Mark Victor Hansen of the Chicken Soup for the Soul series, and Michael Bernard Beckwith, featured speaker of The Secret and author of Spiritual Liberation. The film was created, produced and directed by Demian Lichtenstein with executive producers Shajen Joy Aziz, Peter Ferentinos, Sydney and Michael Cresci, Reverend Rick Mars, and Co-Producer Cherif Aziz.
About Equilibrium Entertainment, LLC: Equilibrium Entertainment is a full service, development, production and post production company founded and built by filmmaker Demian Lichtenstein to service the needs of established and emerging filmmakers. Known as the "Sanctuary For The Creative Mind" Equilibrium has been instrumental in the development of over 25 intellectual properties (including Discover The Gift), the physical production and post production on over 150 projects from small web media, music videos, behind the scenes, making of documentaries, commercials, TV shows, feature documentaries, Indie features and studio feature films.
Forward Looking Statement: Some if not all of the information contained in this release may involve forward looking statements that involve known or unknown risks and uncertainties. Examples of forward looking statements include: projects of capital expenditures, competitive pressures, revenue, growth prospects, product development, financial resources and other financial matters. You can identify these and other forward looking statements by the use of words such as "may", "will, "should", "plans", "anticipates, "believes", "estimates", "predicts", "intends", "potential" or the negative of such terms, or other comparable terminology.
Our ability to predict the results of our operations or the effects of various events on our operating results is inherently uncertain. These facts and many other factors beyond the control of our management could cause our actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by the forward looking statements.
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