Innovativ Media Group, Inc. (OTC Pink: INMG) Premium Channel Launched - Sales Up Over 7,000%, Strong EBITA Growth
29 Agosto 2016 - 8:00AM
InvestorsHub NewsWire
Innovativ Media Group, Inc.
(OTC Pink: INMG) Premium Channel Launched - Sales Up Over 7,000%,
Strong EBITA Growth
Miami,
FL -- August 29, 2016 -- InvestorsHub NewsWire --
EmergingGrowth.com, a leading independent small cap media portal
with an extensive history of providing unparalleled content for the
Emerging Growth markets and companies, reports on
Innovativ Media Group, Inc. (OTC
Pink: INMG).
New Report Available on
EmergingGrowth.com
HPLoveCraft.TV Premium Channel
Now Available
INMG
may not be at these
levels much longer.
See the Press Release and other
stories on Innovativ Media Group, Inc. (OTC Pink: INMG) at
EmergingGrowth.com
http://emerginggrowth.com/?s=INMG
Innovativ Media Group, Inc. (OTC
Pink: INMG), new to EmergingGrowth.com, just announced that it is
launching today the first of several planned niche premium online
channels, HPLovecraft.TV http://hplovecraft.tv , which will be the exclusive streaming
platform for the Company’s new, original animated series Mountain
of Madness based on the novella At the Mountains of
Madness.
Innovativ Media Group, Inc. (OTC
Pink: INMG) is marketing HPLovecraft.tv in partnership with The
Lovecraft Ezine https://lovecraftzine.com/mountains-of-madness-web-tv-series/.
The Lovecraft eZine has over 240,000 followers and is a magazine,
website, and small press devoted to weird fiction, cosmic horror,
and the Cthulhu Mythos.
Recently, Innovativ Media Group,
Inc. (OTC Pink: INMG) announced another record financial result for
the Quarter ending June 30, 2016.
In the 2nd Quarter the
Company’s revenues substantially increased to $49,322 compared with
just $625 in the corresponding Quarter from 2015 and the Company
generated EBITA of $7,172 compared with a prior period loss of
($6,116.). Revenues in the first six months of the year were
$95,201 with earnings before amortization of $14,140.
The Company plans on launching
the first of its premium online channels in the 3rd
Quarter and expects it to positively impact revenues in the
4th Quarter.
According to OTC Markets, As of August 26, 2016, Innovativ Media
Group, Inc. has a market cap just over $400,000.
As Innovativ Media Group, Inc.
(OTC Pink: INMG) expands its lineup of premium online channels, the
company expects to dramatically increase revenue with EBITA
approaching six figures.
Meanwhile, WRIT Media Group, Inc.
(WRIT), while in a similar market, has not reported any
revenue thus far in
2016 that can be found, did not report any revenue in full year
2015, yet commands a market cap of nearly $5.4 million. This shows
the potential for Innovativ Media Group, Inc. (OTC Pink: INMG) to
vastly expand its market cap well into the millions. Overall,
Innovativ Media Group, Inc. (OTC Pink: INMG) continues to strongly
position itself within niche areas of the hottest sector of the
entertainment industry with unique, branded streaming
content.
Innovativ Media Group, Inc. (OTC
Pink: INMG) is new to EmergingGrowth.com. We plan on focusing
on and reporting any and all events to come from the
Company.
INMG
may not be at these
levels much longer.
See the Press Release and other
stories on Innovativ Media Group, Inc. (OTC Pink: INMG) at
EmergingGrowth.com
http://emerginggrowth.com/?s=INMG
About Innovativ Media
Group, Inc.
Innovativ Media Group (OTC Pink:
INMG) is a developer, producer and distributor of digital
entertainment and other multi-media content. It distributes the
motion picture assets of Lux Digital Pictures and, via New Broadway
Cinema, develops adaptations of stage shows utilizing its
trademarked DigiTheater™ Virtual Reality process. Innovativ also
operates The Alien Interview Channel on YouTube, in partnership
with FullScreen, Inc., the premium online channel HPLovecraft.TV
and is a principal in the Film Finance Exchange. http://innovativmedia.com
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Bulova was first covered by
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We have not noticed any news on
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