Consorteum Holdings, Inc. (CSRH) Signs Partnership Agreement with KO Entertainment to Expand Revenue Opportunities
Today before the opening bell, Consorteum Holdings announced the execution of a Strategic Partnership Agreement with KO Entertainment, a Nevada corporation focused on the distribution of quality entertainment and media products. Consorteum has agreed to purchase a five percent (5%) ownership interest in KO Entertainment as well as assist with the evaluation of business expansion initiatives and various strategic relationships. As outlined by the agreement, Consorteum will also make available a limited line of credit for acquisitions to grow the business and accelerate brand awareness. KO Entertainment will sign a separate agreement providing for the repayment of funds advanced pursuant…