Empire Post Media, Inc. (EMPM) Acquires Hybrid Reality Entertainment
Empire Post Media, Inc., an entertainment company specializing in innovative 3D solutions for television, announced today that it has acquired Hybrid Reality Entertainment, Inc., a creator, developer and producer of reality-based television programming. According to today’s press release, Hybrid Reality will operate as a wholly-owned subsidiary of EMPM. As per the terms of the acquisition, three million restricted shares will be delivered to Richard Mann and Ellen Fontana, Hybrid Reality’s creators, upon execution of the Share Exchange Agreement, pursuant to which Empire will acquire 100% of the shares of Hybrid. When production of the new series “Journey Beyond” commences in…