Apple Valley, CA, March 10, 2007 --(PR.com
)-- Dark Myth Production Studios today announced its purchase of the Horrotica On-line Magazine (Horrotica.com) subsidiary from Nocturnal Enterprises, LLC. The purchase of Horrotica creates a partnership with The World of Myth subsidiary (Dark Myth’s current on-line magazine) that is expected to propel the readership to new heights.
In keeping with the company's strategic alliance with Yahoo!, new Horrotica issues are anticipated to be hosted on Yahoo!’s Web host sever in the near future. Expect the possibility of a cross-subsidiary crossover issue, however it may not be until later in the year following the production of the company’s motion picture, Body Bag.
The binding agreement provides Dark Myth Production Studios with the global rights to the Horrotica subsidiary and other intellectual property rights, but not its library of previous issues.
"This acquisition is the perfect creative and business catalyst for our company," said David K. Montoya, Owner and President of Dark Myth Production Studios. "This is the opportunity that we had been waiting for--to give our readers something new. The mix of The World of Myth and Horrotica will attract a larger fan base to the benefit of our advertisers and business partners, and propel us to new heights."
"We hope to bring back some of the original authors and artists who offered their visions of Horror/Erotica in the first couple of issues of this magazine, and look forward to welcome many new contributors to share their views of dark eroticism with our readers," said Terry D. Scheerer, Vice President of Dark Myth Production Studios and Editor in Chief for The World of Myth Magazine.
Dark Myth Production Studios is set to be one of the world's most prominent entertainment companies. Dark Myth's operations are focused in four areas: Entertainment Publications, Comics, Feature Films, and On-line Entertainment. The company and its subsidiaries can be found on-line at darkmythproductions.com, darkmythfilms.com, darkmythcomics.com, theworldofmyth.com, and now, horrotica.com
Forward-Looking Statements : This news release contains forward-looking statements which are subject to various risks and uncertainties. These risks and uncertainties include the conditions of the markets for the Internet, entertainment, and licensed merchandise, acceptance of the Company's subsidiaries, media and merchandise within those markets, and other risks and factors identified in documents filed with the Securities and Exchange Commission. Actual results could differ materially from those currently anticipated.
K. Magnus: 760-684-8017