Business
Building a Future: Securing Content and Artists Through a New Partnership
Building a Future: Securing Content and Artists Through a New Partnership.
About this update from Stargaze Entertainment Group Inc.
[{"type":"text","content":"\nST. PETERSBURG, Fla., June 4, 2014 (GLOBE NEWSWIRE) -- UMining Resources Inc. (OTCPink:UMNG) announces new partnership with content and rights owner FANEX Inc.\n\n\tA Few Words from The President:\n\n\t\"I am very happy to announce the beginning of many great things to come in UMNG. I feel this new move with FANEX will take us on the course we had charted 6 months ago. We will keep all our shareholders informed with more news and more often as they come to be realized.\"\n\n\tUMNG has signed an agreement with the Canadian company FANEX, representing music, filmmakers and music companies in Cuba, Argentina and Brazil. The result of this agreement has been evident on the GITA (www.getittunesagora.com) website with an increase in multimedia content. We expect the content to greatly increase every week as more contracts are being signed by FANEX.\n\n\tThe agreement between UMNG and FANEX is a revenue sharing model. The agreement is valid for 5 years. No upfront money deposits for the content is required by FANEX. UMNG will pay for the content as the content is sold on the website. This will help UMNG with its cash flow and will allow for a significant increase of content moving forward.\n\n\tThe Company will be acquiring more rights of works in the Spanish language through its new agreement. FANEX is experienced in the Latin American Market and has developed a presence. This has been very helpful in the understanding and penetration of that market.\n\n\tGet It Tunes Agora Inc. continues to manage our online content. Please look out for their news and follow them on twitter.com/getittunesagora  and Facebook (www.facebook.com/GetItTunesAgora).\n\n\tAbout Us\n\n\tUMining Resources Inc. (OTCPink:UMNG) a Development Stage Company, intends to enter and exploit the exciting business opportunities in the cultural industries across the world. Whether new or from the forgotten media archives of the world, UMNG plans to build a proprietary catalogue, offering what consumers are searching for, on their mobile devices and computers.\n\n\tSafe Harbor Statement:\n\n\tThis release contains forward-looking statements that involve risks and uncertainties, including without limitation, forward-looking statements relating to the company's financial prospects and other projections of its performance, the existence of new market opportunities and ...