Jerrick Media Expands Revenue Opportunities by Leveraging its Library

Published on June 29, 2017

NEW YORK, June 30, 2017 /PRNewswire/ --

Jerrick Media Holdings, Inc., (OTCQB: JMDA) (the "Company" or "Jerrick"), announced that it is expanding its revenue opportunities (as well as those of its content creators) by leveraging the Jerrick library of assets through partnerships with celebrity thought-leaders and influencers. Following the Company's April 2017 announcement of its collaboration with Maven Pictures to produce a scripted television series, Jerrick has just entered into a deal with renown actor, Jared Leto (Suicide Squad, Dallas Buyers Club, Blade Runner) to produce original content in conjunction with Jerrick's Omni Magazine.

Omni Magazine was an award-winning science and science fiction magazine published in the US and the UK between 1978 and 1995. It contained articles on science, parapsychology, and short works of science fiction and fantasy and included authors such as Isaac Asimov, George RR Martin and William Gibson. Jerrick purchased the rights to Omni in 2012 along with several other brands and has since reestablished the magazine as an online archive and forum for user-generated fiction. Rick Schwartz, Co-founder of Jerrick, commented, "Omni is one of the crown jewels in the Jerrick portfolio. Jared Leto, whose career has been defined by fearlessness, otherworldly talent and creative risk taking, is the consummate partner with whom to collaborate in developing Omni content."

Jared Leto, an accomplished actor, singer-songwriter, and director, garners a significant public following that includes substantial social media attention. Mr. Leto received an Academy Award for Best Supporting Actor in Dallas Buyers Club and starred as The Joker in Suicide Squad. He will next be seen in Blade Runner 2049 opposite Harrison Ford and Ryan Gosling. Mr. Leto, who plans to co-produce Omni inspired content with Emma Ludbrook through their production company Paradox noted, "Omni was an incredibly important part of my childhood. The magazine exposed me to the world of science and fiction through the work of some of the world's best writers. We couldn't be more excited about this partnership and bringing these stories to life and breaking some rules while we do it."

The Leto-Jerrick partnership will provide development inspiration for Paradox and offer Omni content creators an opportunity to have their content seen by a thought-leader within the Hollywood community, which could lead to a more significant opportunity, should a piece be chosen to develop further into a TV or movie project. To Jerrick, in addition to monetization opportunities, this collaboration marks a validation of its content and platform by a marquee influencer, which in turn should further drive viewership to the Omni site and, importantly, inspire additional writers.

Jeremy Frommer, CEO and Co-founder of Jerrick added, "It is our intention to continue to mine our content with an eye towards expanding monetization opportunities for both our content creators and our in-house library. We are currently in talks with more celebrity influencers for our other community websites, including Longevity, Filthy, Feast and Potent that has already attracted sponsored content with Willie Nelson's Willie's Reserve titled Marijuana Minute."

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