Established media company is adding two industry veterans
to round out its Board of Directors, in a move for growth as well as in
compliance of new financing.
LOS ANGELES, CALIFORNIA, CA, UNITED STATES, March 19, 2026
/EINPresswire.com/ -- Hannover
House, Inc. (OTC: HHSE) announced today that it is expanding its
Board of Directors to add two additional, entertainment industry veterans. The
expansion from three board members to five is part of a compliance move
required of Hannover House in order to satisfy a $3.5-million funding venture
for the company.
Existing board members are Eric Parkinson (President & CEO), Christian
Large (VP) and Eddie Jae Walema (Secy). The two members being added include a
veteran film industry attorney and a veteran film financing specialist. Details
of these new members will be included in the company's imminent up-list filing
with the OTC Markets. At present, Hannover House is traded on the OTC Markets
Pinksheets. The company has completed the requirements to up-list to OTC: QB,
and will be making this move shortly.
Additionally, Hannover House is in final negotiations with a streaming
executive to assume the helm as President of the company-owned streaming
service, MyFlix. The MyFlix venture will be launched with funding provided in
part from the new $3.5-mm credit facility. As the past few years have proven,
streaming services have grown into "the tail that wags the dog" for
the Entertainment Industry. MyFlix could prove to have the same sort of
transformative impact to HHSE as the streaming media did to transform Netflix
from being just a mail-order DVD supplier, into a world media giant. MyFlix
will offer tens-of-thousands of movies on a free-streaming basis (with
advertiser support), and will be adding a self up-load option, similar to
YouTube, so that users can post their own videos. It is Hannover's belief that
there is room for more streaming services, and that the YouTube model of
consumer interactive access should be available on a separate platform... thus
the choice of the trademarked name, MyFlix.
"We have put together the projects and financing to take HHSE to the next
level. Adding two highly respected industry veterans to our board is a logical
step," said Eric Parkinson, C.E.O. of Hannover House.
Hannover House will be ending its "quiet period" of holding back news and
announcements, as it crosses into the new chapter for the company’s growth.
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