SRM,a Nevada-ased business that specializes in games, toys, and kid-friendly cars, has purchased someassetsassociated with the film The Kid, whichis a captivating retelling of the story of Billy the Kid and was directed by Vincent D’Onofrio.This calculated action marks the beginning of SRM Entertainment’slarger initiatives to broaden its line of work and increase its market share!
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Hollywood's enormous film industry is now the primary focus of SRM Entertainment (NASDAQ: SRM), which has a purpose to diversify its already profitable product company!
The Kid, an American Western action movie starring Chris Pratt and Ethan Hawk, was just acquired, opening the door for SRM Entertainment (NASDAQ: SRM) to profit from Hollywood's massive blockbuster film industry!
What makes the Kid's acquisition so significant?
With the acquisition, SRM Entertainment (NASDAQ: SRM), which has historically been linked to the production of toys for kids, is making its first step into the entertainment industry. There may be a lot more movies in the works.
With annual revenue in the multi-trillions, the entertainment sector is one of the largest in the world. By 2028, the worldwide entertainment and media (E&M) sector is expected to have grown from $2.8 trillion in 2023 to a staggering $3.4 trillion.
In terms of enjoyment, movies are quite important. Movies are a potent storytelling medium that let viewers enter other worlds and have diverse experiences.However, one needs to have some knowledge of Hollywood economics and how movies generate such high profits.Were you aware that some films earn more money from merchandise than from ticket sales? Merchandising from Star Wars, Harry Potter, and all those Marvel films has brought in a record amount of money.
Hollywood blockbusters rely heavily on “Consumer Products” (also known as merchandising) for their revenue.This entails the studios granting licenses to use certain elements of the film’s universe, including characters, objects, and locations.
This is why SRM Entertainment (NASDASQ: SRM), a business that is already renowned for being a pioneer in the production of products, recognizes the immense value in movies.
SRM Entertainment is a small company in the games, toys, and children’s car industries with a market valuation of less than $10 million. Its services to the film industry include the production of themed items based on popular movie franchises.
The Wizarding World of Harry Potter, Star Wars, Avatar, and Despicable Me are just a few of the multibillion-dollar entertainment properties that serve as the inspiration for SRM’s goods.
Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts-SeaWorld, and other well-known attractions distribute their products all over the world.
Hollywood's enormous film industry is now the primary focus of SRM Entertainment (NASDAQ: SRM), which has a purpose to diversify its already profitable product company!
Rich Miller, CEO of SRM.
"Building a library of film and television assets, along with other important intellectual property that we intend to jointly acquire, is our goal as we work together to create a revolutionary film, television, and media firm with ongoing production operations. We think we have a competitive advantage in our plans to create and market our physical products and entertainment content directly to consumers through our multiple distribution channels—online, in theaters, VOD, and streaming—while producing goods that appropriately capitalize on the various merchandise rights enshrined in the media rights. In order to better generate value for our shareholders, we plan to establish a number of new channels for product distribution,"
Details of the Deal….
The initial transaction between the companies was closed on September 3, 2024, with the transfer of the first of several valuable film assets transferred by Suretone Pictures to SRM.
SRM and Suretone Entertainment’s Suretone Pictures are engaged in far-reaching discussions to jointly create a new media company using certain assets of Suretone Pictures as the two companies intend to come together to build a multi-film asset and IP based library with an innovative plan towards distribution, merchandising and production.
The two companies recently completed their first media deal with SRM acquiring certain Suretone Pictures film assets (The Kid). Under the agreement, these initial assets will become part of SRM’s media library, allowing SRM to own and exploit the initial film assets’ merchandising, licensing fees and revenue.
SRM and Suretone view this transaction as the first stage in an overall larger transaction to join forces toward creating a valuable media franchise business. Further announcements on subsequent stages are expected shortly….
The companies have set an agenda with a goal to merge Suretone Pictures’ assets into SRM in early to mid-2025, subject to regulatory approvals and other customary closing conditions.
And it should be highlighted that Jordan Schur, Suretone Pictures’ President, will initially join SRM as an advisor bringing several decades of movie and media experience to lead the endeavor!
SRM’s operations will receive knowledgeable guidance from a Hollywood veteran!
Jordan Schur, who has a lengthy history of success as a media entrepreneur, is the president of Suretone Pictures and the founder and chairman of Suretone Entertainment.
Schur also co-founded Mimran Schur Pictures, a business that finances film productions in collaboration with major motion picture studios. As the creator of the storied Flip Records and the longtime president of Geffen Records, Schur has been a significant player in the music industry. During his time there, he also merged MCA Records into Geffen.
In 2006, Schur established Suretone Entertainment, a full-service entertainment corporation based in Los Angeles, which has continuously influenced television, movies, and music. A multi-tiered organization that has emerged as a major player in the entertainment sector, Suretone Entertainment includes Suretone Records, Suretone Pictures, and Suretone Management. Since the early 2000s, Schur has played a key role at a number of major record labels and film studios. He has worked with some of the most prominent figures in Hollywood, music, and film to drive market-leading profitability in his endeavors and co-create defining movements in entertainment culture.
In order to propel the strategic media combine with SRM moving forward, Shur wants to oversee jointly managed film assets and content production. He will lead the business by managing a variety of film-making projects and leading the purchase of films and associated merchandising initiatives for the firms with Suretone Pictures’ partners in the film and television industries.
Rich Miller, CEO of SRM.
“I am pleased to announce this new endeavor of Suretone Pictures with SRM. The companies enjoy a powerful synergy together on current functions which complement overall goals on a combined agenda in operations to better compete in the current environment. I look forward to working with Rich Miller and the SRM team on our jointly controlled IP to bring in-demand entertainment content in films, tv and physical goods to an underserved independent global film and tv market.”
SRM’s products are offered alongside popular rides and attractions in theme parks, zoos, aquariums, and other entertainment venues. The company’s design team developed specia
With a customer base including giants like Walt Disney Parks and Resorts, Universal Studios, SeaWorld, and Six Flags, SRM is firing on all cylinders to evolve into a merchandise behemoth.
SRM’s design team is credited with creating popular products which have been successfully sold at specialty theme park events. SRM’s exclusive-patented Sip With Me cups feature fun, kid friendly Zoo, Sea and animal themed characters as well as licensed characters from Smurfs, ICEE and Zoonicorn.
And it should be highlighted that Jordan Schur, Suretone Pictures’ President, will initially join SRM as an advisor bringing several decades of movie and media experience to lead the endeavor!
These franchises are some of the most popular phenomena in pop culture and generate monstrous revenues!
The company’s branded products are designed to educate through interactive content fostering, social and emotional growth, health and wellness, and love and respect for the environment and all creatures.
Designed and Sold to the Largest Theme Parks Worldwide!
The company currently has several new products in development that will be available in Orlando’s biggest theme parks later this year and in 2025. These new creations continue to demonstrate SRM’s ability to bring movies and imagination to life.
Fans are increasingly looking for ways to express their affinity for and engage with their favorite pop culture content. Over time, many of SRM’s consumers evolve from occasional buyers to more frequent purchasers, whom the company categorizes as enthusiasts or collectors. The company creates products to appeal to a broad array of fans across consumer demographic groups— men, women, boys and girls—not a single, narrow demographic.
For example, SRM’s custom designed nostalgic ICEE brand Sip With Me drink cups are available in theaters across the country. A product like this can connect consumers with their favorite characters and brands while helping theaters promote the movie merchandising experience.
10 Reasons to have SRM in Your Portfolio:
SRM is strategically diving into the Hollywood film industry and is planning to scale a disruptive film, tv, media company with the help of Hollywood veteran Jordan Schur!
The company has over 25 years of experience bringing unique products to market for the toy and entertainment industry worldwide and is churning out multi-millions in revenues.
Patented technology to create innovative products.
The biggest names in theme parks and entertainment are customers of the company. Theme parks are often regarded as recession-proof. For example, Comcast and Disney use cash from these units to weather losses in their other units.
Franchises like Harry Potter, Despicable Me, Star Wars, and Toy Story already generate tremendous revenue in toys.
SRM believes meaningful traffic to its products will continue because its products have their own built-in fan base, are refreshed regularly creating a “treasure hunt” shopping experience for consumers and are often supplemented with exclusive products that are at the forefront of pop culture.
Products are typically priced between $2.50 and $50.00 and are designed to appeal to a variety of demographic groups, male and female, adults and children.
SRM has developed a nimble and low-fixed cost production model. The strength of its management team and relationships with content providers, retailers and third-party manufacturers allows the company to move from product concept to a new product tactfully. As a result, it can dynamically manage its business to balance current content releases and pop culture trends with timeless content based on classic movies, such as Harry Potter or Star Wars.
SRM’s business is built on the principle that almost everyone is a fan of something, and the evolution of pop culture is leading to increasing opportunities for fan loyalty!
SRM has invested strategically in its relationships with key constituents in pop culture. The company has licensing relationships with many established content providers, and its products appear in venues such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld, Six Flags, Great Wolf Lodge, Dollywood, and Merlin Entertainment!
In Summary…
Even though SRM Entertainment (NASDASQ: SRM) is already making good money off of a business plan to sell fans worldwide in-emand products, its most recent venture in Hollywood is what might finally get Wall Street to take notice!
This underfollowed NASDAQ firm has joined forces with Suretone Pictures and one of Hollywood’s industry veterans to navigate a collaboration between SRM’s innovative products and Hollywood films.
Moving into 2025, SRM shows incredible momentum to continue adding lasting value to its shareholders. More exciting announcements on the Suretone Pictures collaboration could serve as catalysts for blue-sky growth ahead!
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