WRIT MEDIA GROUP, INC. (OTCMKTS:WRIT) Files An 8-K Other EventsItem 8.01 Other Events
Dismissal of Litigation
On August 17, 2016, KBM Worldwide Inc. (“KBM”) filed a Summons in a Civil Action against WRIT Media Group, Inc. in the United States District Court for the Eastern District of New York. KBM sought equitable and injunctive relief against the Parties in excess of $142,765. On March 8, 2018, Judge Joseph F. Bianco ordered the case dismissed without prejudice and without costs. On March 9, 2018, the order was filed in the United States District Court for the Eastern District of New York and the clerk of the court shall close the case.
About WRIT MEDIA GROUP, INC. (OTCMKTS:WRIT)
WRIT Media Group, Inc. is engaged in producing films, television programs and similar entertainment programs for various media formats. The Company offers Retro Infinity/Amiga Games crowd funding platform, which is supported by a social marketing campaign. The Company’s subsidiaries include Front Row Networks, Inc. (FRN), Amiga Games, Inc., Pandora Venture Capital Corp and Retro Infinity, Inc. FRN is a content creation company, which produces, acquires, licenses and distributes music-related content in three-dimensional (3-D), and ultra-high definition (4K) for initial worldwide digital broadcast into digitally enabled movie theaters. Amiga Games, Inc. licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers (PCs), tablets and other television streaming devices. The Company leverages platform and classic game brands, which are coupled with technologies developed by Retro Infinity, Inc.