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Stock impact report

Suretone Pictures and SRM Announce Media Agreement / Jordan Schur Joins Company as Advisor

SRM Entertainment, Inc. (SRM) 
Company Research Source: GlobeNewswire
JUPITER, FL, Sept. 24, 2024 (GLOBE NEWSWIRE) -- SRM Entertainment, Inc., (Nasdaq: SRM) (the “Company” or “SRM”) SRM and Suretone Entertainment’s Suretone Pictures are in negotiations to form an alliance capitalizing on Suretone Pictures’ film productions, tv content creation, existing library and distribution strength alongside SRM’s ongoing merchandise, manufacturing and distribution businesses as engaged in providing its services to the major film studios. The initial transaction was closed on September 3, 2024 with the transfer of the first of several valuable film assets transferred by Suretone Pictures to SRM. SRM and Suretone Entertainment’s Suretone Pictures are engaged in far-reaching discussions to jointly create a new media company using certain assets of Suretone Pictures as the two companies intend to come together to build a multi-film asset and IP based library with an innovative plan towards distribution, merchandising and production.  The companies have se Show less Read more
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