Authentic Holdings Acquires Goliath Motion Pictures, Expands Content Portfolio and Market Reach

Authentic Holdings (OTC: AHRO) has strategically expanded its entertainment portfolio through the acquisition of Goliath Motion Pictures Entertainment, a move that promises substantial growth and market expansion for the company. The acquisition adds $11 million in tangible assets to the company's balance sheet and dramatically enhances its content ecosystem.

The deal brings a substantial collection of media content into Authentic Holdings' portfolio, including award-winning television shows, blockbuster films, hundreds of concerts, and documentaries. This diverse content library positions the company to strengthen its video-on-demand strategies and significantly increase its advertising potential.

One of the most significant outcomes of this acquisition is Authentic Holdings' ambitious plan to expand its market presence. The company aims to grow from 61 to 100 Designated Market Areas (DMAs), which represents a substantial increase in geographic reach and potential audience engagement. Simultaneously, the company expects to increase its 30-second advertisement rates from the current range to between $50 and $100.

The acquisition also sets the stage for a potential uplisting, which could provide increased visibility and credibility in the financial markets. By diversifying its content and expanding its market footprint, Authentic Holdings is demonstrating a strategic approach to growth in the competitive entertainment and media landscape.

Through its subsidiary Maybacks Global's collaboration with WiseDV, the company continues to underscore its commitment to innovation in the streaming industry. This acquisition represents more than a simple content purchase; it is a calculated move to position Authentic Holdings as a more comprehensive and competitive player in the media and entertainment sector.