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Global Realty Development Corp.'s TFM Group Signs Trifecta Entertainment, LLC. to Produce its Latin Reality Television Show "Recreating A Legend"
October 19, 2006 | Press Release CORAL SPRINGS, Fla., -- Global Realty Development Corp. (OTC BB:GRLY.OB - News), today announced that it's TFM Group joint venture has executed an Agreement with Trifecta Entertainment, LLC. to produce its new reality television show "Recreating A Legend". "Recreating A Legend" will be a music based reality show which is expected to span three continents and deliver multiple revenue streams, including standard advertising, product placement, text message voting and sponsorship participation. Hank Cohen, Trifecta CEO and Partner, said "We are extremely gratified that TFM has selected us to produce this show for the international marketplace. It's an arena in which all of us at Trifecta are quite comfortable, with production of a number of international hit series including 'Stargate SG-1' under our belts." Roy Sciacca, Managing Partner of Global's TFM Group said, "By tapping the world's enormous Hispanic marketplace, our show will be the launch of the first ever "World Cup Style Music Television" reality show. This show will serve as the basis for creating an international competition. Capitalizing on history's most famous boy band " Los Ultimos Heroes " (the Ultimate "Menudo" Generation), nations around the globe will vote for their chosen contestant to win the highly coveted top spot in the group. At the shows finale, the winner takes all. It is anticipated that Heroes will drop their new CD and embark on a world tour and once again create history." About Trifecta Entertainment, LLC. Formed in 2005 by the top executive team behind a decade of success at MGM Television, Trifecta is an independent multi-media company engaged in the development, production and distribution of a broad range of entertainment properties, as well as in advertiser sales and media sponsorships. Trifecta's partners include Hank Cohen, CEO, Michael J. Daraio, Scott Spungin and Shelley Brown. About the TFM Group GRD's TFM Group is committed to providing the best in all forms of Latin entertainment to the 45 Million Latino consumers in North America, 370 Million in South America and 150 Million in Central America and Puerto Rico. TFM is preparing to stand at the forefront of the Latino consumer market, specializing in all aspects of entertainment, including Television, Film, Music, World Tours, Major Events and Home Video/DVD. The strength of GRD is the result of its highly reputable and continuously growing management team. The knowledge and experience that each team member brings consistently supports the growing success of each division at GRD. In addition, TFM's seasoned management team forms relationships with some of the world's leading entertainment companies and top distribution channels worldwide. About Global Realty Development Corp. - GRD GRD is focused on pursuing opportunities in the entertainment and gaming industry, with recent acquisitions of MJD Films and the majority interest in the TFM Group, an International Television, Film and Music partnership. GRD also has four Australian subsidiaries primarily engaged in the acquisition and development of real estate in Australia. Please visit www.grdcorporation.com for further information on GRD. Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of GLOBAL officials are "Forward- Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future GLOBAL actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward- looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward- looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and GLOBAL has no specific intention to update these statements. « back to news list News Archive: 2008 | 2007 | 2006 | View All Media Kit » |
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