FT. LAUDERDALE, FL – June 18, 2026 – Entertainment Arts Research Inc. (OTC: EARI), a diversified entertainment and media holding company, today announced that its subsidiary, Kendrick Global Brands LLC, is expanding its growing portfolio of premium lifestyle, wellness, and consumer products with the addition of Boba (Bubble) Tea.
Boba tea, commonly referred to as Bubble Tea in the United States, has become one of the fastest-growing beverage categories among Gen Z and Millennial consumers. Known for its unique texture and customizable flavors, Bubble Tea typically consists of:
• Tea (black, green, oolong, or other varieties)
• Milk or non-dairy alternatives (for milk tea versions)
• Sweeteners such as sugar, syrup, or honey
• Tapioca pearls ("boba"), which provide the beverage's signature
chewy texture
Management commented:
"This represents an exciting opportunity in one of the hottest trending beverage segments in the market today. Kendrick Global Brands plans to offer its Bubble Tea products to distributors and retailers nationwide, while also making them available through e-commerce channels later this year."
U.S. Boba Tea Market Growth
• 2023 Market Size: $953 Million
• 2024 Market Size: $1.01 Billion
• Projected 2030 Market Size: $1.74 Billion
Kendrick Global Brands has successfully developed and managed multiple consumer brands and remains committed to expanding its presence across the health and wellness, beauty, food, and beverage sectors.
Corporate Update
The Company also announced that Rick Papaleo has stepped down as President and Chief Executive Officer of Kendrick Global Brands. Mr. Papaleo will continue to serve as a consultant to Entertainment Arts Research Inc. through the completion of his current consulting agreement.
William Coogan will assume day-to-day operational responsibilities until a successor is appointed. The Company is currently conducting interviews and evaluating candidates for the position.
About Kendrick Global Brands LLC
Kendrick Global Brands LLC is a lifestyle and consumer products company focused on developing innovative, premium-quality brands designed to resonate with today's consumers across wellness, food, beauty, and lifestyle categories.
About BMR Global Distribution Inc.
BMR Global Distribution Inc. specializes in wholesale distribution, retail placement, private labeling, and product expansion through a nationwide referral network. From concept to customer, BMR partners with wellness and consumer product brands to transform innovative ideas into scalable, profitable businesses.
About Entertainment Arts Research Inc. (OTC: EARI)
Entertainment Arts Research Inc. is an entertainment and media holding company focused on developing and acquiring innovative brands across entertainment, digital media, and consumer markets. Through its diversified portfolio, EARI is building a connected ecosystem that merges storytelling, technology, and lifestyle experiences.
Media Contact
William Coogan
Chief Executive Officer
Entertainment Arts Research Inc.
Email: info@eariholdings.com
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect management's current expectations regarding future events, operating results, financial performance, and business strategy. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those anticipated. Factors that could affect future results include, but are not limited to, market conditions, competitive pressures, financing availability, regulatory developments, and other risks detailed in the Company's public disclosures. The Company undertakes no obligation to update any forward-looking statements except as required by applicable law.
For OTC Markets and investor distribution, I would also recommend adding a brief paragraph explaining whether Kendrick will manufacture, private-label, import, or distribute the Bubble Tea products, as that helps investors better understand the revenue opportunity.