New Division - Pivotal Interactive (5825P)
05 10월 2011 - 4:00PM
UK Regulatory
TIDMPVT
RNS Number : 5825P
Pivot Entertainment Group PLC
05 October 2011
05.10.11
PIVOT ENTERTAINMENT GROUP PLC
("Pivot Entertainment" or "the Group")
New Division - Pivotal Interactive
Pivot Entertainment Group plc (AIM: PVT), the transatlantic
media and entertainment company, is pleased to announce the
establishment of a new division; Pivotal Interactive. This division
will expand and leverage the existing digital and social media
capabilities of the Group within a dedicated Company. Pivotal
Interactive is a wholly owned subsidiary of Pivot Entertainment
which has a strategy of seeking to acquire complementary assets and
capabilities with the objective of becoming a multi platform
provider of digitally delivered services, products and content.
In order to further develop this new initiative, Pivot is
pursuing its acquisition strategy and currently is in discussions
with a number of target companies
Commenting on the new division, CEO of Pivot Entertainment,
Jeremy Barbera says:
"The growth of digital and social media in recent years has been
exponential. We believe the launch of Pivotal Interactive provides
the Group with a platform to develop and grow the business in this
area.
This initiative will allow Pivot to establish a broad consumer
platform that will offer various products and services, such as
tickets, promotions, merchandise and programming. It will provide
the Group with the tools and new market channels that they can
deploy for their clients' benefit and advantage, thereby enhancing
their competitive position. This is expected to generate
advertising revenue as the number of audience grows, as well as
creating substantial intrinsic value in the medium itself."
-End-
Enquiries:
Jeremy Barbera/David Stoller/ Shirley Stapleton Tel: +44 20
79930000
Seymour Pierce Limited
Stewart Dickson/Tom Sheldon (Corporate Finance) Tel: +44 20
71078000
Katie Ratner (Corporate Broking)
XCAP Securities plc
Adrian Kirk / David Lawman (Joint Broker) Tel: +44 207 101
7070
Bishopsgate Communications Limited
Deepali Schneider/Natalie Quinn Tel: +44 20 75623350
pivotentertainment@bishopsgatecommunications.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLIFSRIALEIIL
Pivot Entertain (LSE:PVT)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Pivot Entertain (LSE:PVT)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024
