|
UOMO PRODUCTIONS UOMO Productions is a UOMO Media Inc’s fully owned Canadian subsidiary. It has been created to act as a holding company for the acquisition and finance of media-related Canadian entertainment assets including; television, film/video catalogues, co-productions and co-financings projects.
The company will also look to make strategic acquisitions of, or partner or align with, companies or individuals that control and produce various forms of established entertainment content, which may include intellectual property rights film, television programming.
The Company will have a financing advantage of being able to receive Canadian subsidies, tax incentives, rebates and financing through its ability to produce Canadian Content film and television projects.
The overall Canadian entertainment and media (E&M) market is experiencing sustained growth and will expand at a consistent 5.6% compound annual growth rate (CAGR) to US$47 billion in 2011 from $36 billion in 2006. According to the latest PricewaterhouseCoopers (PwC) Global Entertainment and Media Outlook: 2007–2011, growth in Canada is comparable to the global growth projected at 6.4% CAGR to US$2 trillion in 2011.
|