One Horizon Group Enters into Agreement to Offer On-Demand Video and Music Streaming Service
October 10 2018 - 9:12AM
One Horizon Group (NASDAQ: OHGI) (“OHGI” or the “Company”) has
entered into an agreement by which it will offer access to
thousands of top movies and tens of thousands of popular songs
through its majority-owned 123Wish experience marketplace. OHGI
will also have the capability of augmenting its 123Platform
offering to licensees and co-brand partners by the availability of
on-demand streaming content featuring the latest movie and music
releases.
“In addition to the once-in-a-lifetime
experiences we can offer as part of planned rewards programs and
co-branded credit card and digital payment deals with sports
organizations, hotels and airlines, we can deliver greater value by
making desirable, quality content available to 123Platform mobile
app users,” said Mark White, CEO and Founder of OHGI. “Our
partners are excited about this important enhancement, which will
further engage users and increase their use-time of our offerings,
and create additional revenue channels.”
“Through Browning Productions &
Entertainment, Brewer Media and Entertainment, and OHGI’s
wholly-owned subsidiary Love Media House, we will also be producing
and distributing original content from athletes, entertainers and
influencers,” added White.
Safe Harbor Statement
This news release may contain “forward-looking”
statements. These forward-looking statements are only predictions
and are subject to certain risks, uncertainties and assumptions
that could cause actual results to differ from those in the forward
looking-statements. Potential risks include such factors as the
inability to enter into agreements with parties with whom we are in
discussions, the uncertainty of consumer demand for the Company’s
products, as well as additional risks and uncertainties that are
identified and described in the Company’s SEC reports. Actual
results may differ materially from the forward-looking statements
in this press release. Statements made herein are as of the date of
this press release and should not be relied upon as of any
subsequent date. The Company does not undertake, and it
specifically disclaims, any obligation to update any
forward-looking statements to reflect occurrences, developments,
events or circumstances after the date of such statement.
About One Horizon Group,
Inc.
One Horizon Group, Inc. (NASDAQ: OHGI) is a
media and digital technology acquisition and software company,
which owns Love Media House, a full-service music production,
artist representation and digital media business, Horizon Secure
Messaging, an Asia-based secure messaging business, and Banana
Whale Studios, a gaming software development company. OHGI also
holds a majority interest in 123Wish, a subscription-based,
experience marketplace. For more information, please
visit http://www.onehorizoninc.com
Darrow Associates Contacts for OHGI
Bernie Kilkelly/Jordan Darrow
(516) 236-7007
bkilkelly@darrowir.com