ROK acquires Fun Little Movies
ROK Entertainment Group, the UK-based mobile technologies, applications and entertainment development company has acquired a 51% controlling interest in Los Angeles-based Fun Little Movies (FLM) for a combination of cash to be paid in monthly installments through September 2009 and shares in the company. Under the terms of the agreement, ROK and FLM will jointly offer made-for-mobile content, such as comedy short films, to network operators worldwide.
FLM specializes in the development, production and distribution of original mobile-oriented comedy for global distribution. In its nomination for Best Video Producer at the 2007 ME Awards, Mobile Entertainment Magazine said FLM “pioneered the advertiser-funded concept” for mobile video.
FLM distribution deals include Sprint, Verizon and ATT, as well as several handset makers and overseas partners, from China and Japan to Europe, Africa and South America. ROK will be its primary distributor worldwide. [Read more]
