Published on November 30, 2016
NEW YORK>, Dec. 1, 2016 /PRNewswire/ -- Jerrick Media Holdings, Inc., (OTCQB: JMDA) (the "Company" or "Jerrick"), a digital media and technology company, announced today that the Company is interested in pursuing a potential acquisition of Wizard World, Inc.
Jerrick has recently launched six digital media verticals on its new Vocal content distribution platform including Geeks>, which dives into the storied worlds of comic cons, video games, movies, comic books and TV.The Company believes there are many synergies between its new Vocal platform and Wizard World's Comic Con convention business that can leverage the value of both companies. As part of its expression of interest management is seeking to begin formal discussions with Wizard World on a potential business combination.
"After conducting a careful review of Wizard World and after having had extensive internal discussions with our management team and Board of Directors, we are excited to attempt to open substantive dialogue with Wizard World," said Jerrick Founder Jeremy Frommer. "We believe this could be a potential win-win scenario for both companies and we look forward to discussing our vision with Wizard World's management team in the near future."
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