Business
Saddle Ranch Media Acquires Assets of America's Minority Health Networks
Saddle Ranch Media Acquires Assets of America's Minority Health Networks.
About this update from Saddle Ranch Media, Inc.
[{"type":"text","content":"\n \n \n Saddle Ranch Media Acquires Assets of America's Minority Health Networks\n \n \nSaddle Ranch Media Acquires Assets of America's Minority Health Networks\n\nCompany Begins Aggressive Expansion of Its DOOH Program\n\n \n LAS VEGAS, NV--(Marketwired - Jul 19, 2016) - Saddle Ranch Media, Inc. (OTC PINK: SRMX) has announced its acquisition of the assets of America's Minority Health Networks for restricted common stock of the Company. These assets include the onsite locations that are currently showing content of this Point-of-Care Network in medical office waiting rooms, the content library, intellectual property, and the content library of The Spanish Language Medical Network.\n The Company intends to operate this Digital Out-of-Home Network (DOOH) place-based medical waiting room network as part of the Company's Digital Division which includes libraries for KID CARE TV and Women's Healthcare TV Networks. The African American Medical Network (AAMN) will provide patient education information in a digital video format in the waiting rooms of medical practices serving patients and caregivers in America's African American communities. Revenue will be generated from advertisers utilizing ad space to communicate specific products to this audience.\n AAMN will help to reduce disparities in racial and ethnic health care, and facilitate better outcomes, by:\n \n \n Raising public and provider awareness of disparities in care;\n \nImproving the capacity of providers in underserved communities; and\n \nIncreasing the knowledge base on causes and interventions to reduce disparities.\n \n \n \"This acquisition of these assets is part of a significant growth program. We will continue to pursue acquisitions and developments for our portfolio,\" commented Philip M. Cohen, CEO of Saddle Ranch Media.\n About Saddle Ranch Media, Inc.\n Saddle Ranch Media, Inc. is a diversified media and entertainment company operating three divisions: Saddle Ranch Film, Saddle Ranch TV, and Saddle Ranch Digital. For more information, visit www.saddleranchpictures.com or www.saddleranchmedia.us.\n Forward-Looking Statement\n This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities of Saddle Ranch Media, Inc. (the \"Company\"). Certain statements in this release and other written or&#...