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Appreciated Media Acquires Celebrity Face Off – Yahoo Finance

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Vancouver, British Columbia–(Newsfile Corp. – July 2, 2020) – Appreciated Media Holdings Inc. (TSXV: AMH) (OTCQB: AMEFF) ("Appreciated Media" or the "Company")&nbsp;is pleased to announce that the Company has closed its previously announced acquisition of the pilot, concept, plots, themes, formats, characters, title and other elements and aspects for a television show entitled "Celebrity Face Off" (the "Show").” data-reactid=”19″>Vancouver, British Columbia–(Newsfile Corp. – July 2, 2020) – Appreciated Media Holdings Inc. (TSXV: AMH) (OTCQB: AMEFF) (“Appreciated Media” or the “Company“) is pleased to announce that the Company has closed its previously announced acquisition of the pilot, concept, plots, themes, formats, characters, title and other elements and aspects for a television show entitled “Celebrity Face Off” (the “Show“).

In addition to the acquisition of the Show, Appreciated Media is also pleased to announce that it has also co-developed a new game show called “Cyclone” which is a vertical show that pits contestants against the elements and the audience.

Both shows are expecting to go into production by October 2020.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="THE GAME SHOWS” data-reactid=”22″>THE GAME SHOWS

The Celebrity Face Off Show was created by Doug Magallon and is a combination of both Jeopardy and the Wheel of Fortune where the contestants have to solve a trivia question and a puzzle at the same time…Behind the façade of the renowned Red Carpet.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The Show will be hosted by Greg Grunberg. Mr. Grunberg is an American television and film actor best known for starring as Eric Weiss in the ABC series Alias and as Matt Parkman in the NBC series Heroes. On the big screen, Mr. Grunberg has appeared as Temmin "Snap" Wexley in the Star Wars sequel trilogy, and Phil in A Star Is Born. In addition, he has also appeared in Felicity which was created by J. J. Abrams and Matt Reeves as Sean Blumberg.” data-reactid=”24″>The Show will be hosted by Greg Grunberg. Mr. Grunberg is an American television and film actor best known for starring as Eric Weiss in the ABC series Alias and as Matt Parkman in the NBC series Heroes. On the big screen, Mr. Grunberg has appeared as Temmin “Snap” Wexley in the Star Wars sequel trilogy, and Phil in A Star Is Born. In addition, he has also appeared in Felicity which was created by J. J. Abrams and Matt Reeves as Sean Blumberg.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The Show is co-produced by Douglas Magallon and Steve Perry. Steve Perry who was a co-producer for Lethal Weapon 2, 3 and 4 along with other films such as Road House, Action Jackson, Die Hard 2, Speed 2: Cruise Control and Under Siege 2: Dark Territory, to mention a few.” data-reactid=”25″>The Show is co-produced by Douglas Magallon and Steve Perry. Steve Perry who was a co-producer for Lethal Weapon 2, 3 and 4 along with other films such as Road House, Action Jackson, Die Hard 2, Speed 2: Cruise Control and Under Siege 2: Dark Territory, to mention a few.

The Cyclone Show will be produced by Appreciated Media and Stephen Brown along with Doug Magallon, the creator of the show, will act as Executive Producers. Appreciated Media is currently in negotiations with a top celebrity to host the show.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="THE TRANSACTION” data-reactid=”27″>THE TRANSACTION

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Pursuant to the definitive agreement dated July 2, 2020 (the "Agreement"), the Company acquired the Show (the "Transaction") from Douglas Magallon for an aggregate purchase price of $225,000 (the "Purchase Price").” data-reactid=”28″>Pursuant to the definitive agreement dated July 2, 2020 (the “Agreement“), the Company acquired the Show (the “Transaction“) from Douglas Magallon for an aggregate purchase price of $225,000 (the “Purchase Price“).

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The Purchase Price is payable through the issuance of 1,500,000 common shares in the capital of Appreciated Media (the "Common Shares") at a deemed price of $0.15 per Common Share. All Common Shares issued to Douglas Magallon will be issued pursuant to exemptions from the prospectus requirements of applicable securities laws and subject to a four-month statutory hold period. No finder’s fees are payable in connection with the Transaction.” data-reactid=”29″>The Purchase Price is payable through the issuance of 1,500,000 common shares in the capital of Appreciated Media (the “Common Shares“) at a deemed price of $0.15 per Common Share. All Common Shares issued to Douglas Magallon will be issued pursuant to exemptions from the prospectus requirements of applicable securities laws and subject to a four-month statutory hold period. No finder’s fees are payable in connection with the Transaction.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="As previously announced, the Transaction is not an "Arm's Length Transaction" as such term is defined in Policy 1.1 – Interpretation of the TSX Venture Exchange (the "Exchange") and constitutes a "related party transaction" as such term is defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101") because Douglas Magallon, a director of the Company, is the vendor of the Show.” data-reactid=”30″>As previously announced, the Transaction is not an “Arm’s Length Transaction” as such term is defined in Policy 1.1 – Interpretation of the TSX Venture Exchange (the “Exchange“) and constitutes a “related party transaction” as such term is defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“) because Douglas Magallon, a director of the Company, is the vendor of the Show.

In respect of the requirements of MI 61-101, the Company has relied on the exemptions from the formal valuation and minority approval required under MI 61-101. The Company relied on the exemptions set forth in Sections 5.5(a), 5.5(b) and 5.7(a) of MI 61-101, respectively, as no securities of the Company are listed on the specified markets outlined therein and neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the Transaction, exceeds 25% of the market capitalization of the Company.

As the Agreement was finalized and entered into immediately prior to the closing of the Transaction, the Company was not in a position to file a material change report more than twenty-one days in advance of the closing of the Transaction.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="About Appreciated Media Holdings Inc.” data-reactid=”33″>About Appreciated Media Holdings Inc.

Appreciated Media (TSXV: AMH) (OTCQB: AMEFF) is a multi-faceted entertainment company based in Vancouver. The Appreciated Media team is well-versed in a variety of entertainment delivery platforms and is fast becoming a top-tier entertainment company.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Neither the TSX Venture Exchange Inc. ("Exchange") nor its regulation services provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.” data-reactid=”35″>Neither the TSX Venture Exchange Inc. (“Exchange”) nor its regulation services provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Forward-Looking Statements” data-reactid=”40″>Forward-Looking Statements

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="This press release contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") as such terms are defined by applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend," statements that an action or event "may," "might," "could," "should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond Appreciated Media’s control and Appreciated Media’s actual results could well differ materially from those stated or implied in forward-looking statements due to many various factors. Although Appreciated Media believes that the expectations reflected in the forward-looking statements are reasonable, Appreciated Media cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward-looking statements. All forward-looking statements contained in this press release are made as of today’s date and Appreciated Media undertakes no obligation to update or publicly revise any forward- looking statements, whether as a result of new information, future events or otherwise.” data-reactid=”41″>This press release contains forward-looking information and forward-looking statements (collectively, “forward-looking statements”) as such terms are defined by applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as “anticipate,” “believe,” “plan,” “estimate,” “expect,” and “intend,” statements that an action or event “may,” “might,” “could,” “should,” or “will” be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond Appreciated Media’s control and Appreciated Media’s actual results could well differ materially from those stated or implied in forward-looking statements due to many various factors. Although Appreciated Media believes that the expectations reflected in the forward-looking statements are reasonable, Appreciated Media cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward-looking statements. All forward-looking statements contained in this press release are made as of today’s date and Appreciated Media undertakes no obligation to update or publicly revise any forward- looking statements, whether as a result of new information, future events or otherwise.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="For further details, please see the Company's documents filed under the Company's profile on the System for Electronic Document Analysis and Retrieval at www.sedar.com.” data-reactid=”42″>For further details, please see the Company’s documents filed under the Company’s profile on the System for Electronic Document Analysis and Retrieval at www.sedar.com.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="For investor inquiries, please contact:
Stephen Brown, Chief Executive Officer
E: info@appreciatedmedia.com” data-reactid=”43″>For investor inquiries, please contact:
Stephen Brown, Chief Executive Officer
E: info@appreciatedmedia.com

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Wire Service Contact
NetworkWire (NW)
New York, New York
www.NetworkWire.com
212.418.1217 Office
Editor@NetworkWire.com” data-reactid=”44″>Wire Service Contact
NetworkWire (NW)
New York, New York
www.NetworkWire.com
212.418.1217 Office
Editor@NetworkWire.com

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59027” data-reactid=”52″>To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59027

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Former Catholic school board chair issues apology about social media posts – GuelphToday

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Marino Gazzola, who agreed to resign as chair of the Wellington Catholic District School Board on Tuesday following social media posts the board said had a racist and discriminatory tone, has issued an apology.

Late Wednesday the board posted a letter from Gazzola on its website.

“On my personal Facebook page, I recently posted some items that members of the community found offensive.

“They were NOT intended to be, or to reflect, the opinions of the Wellington Catholic District School Board of The Board of Trustees.

“On reflection I realize and acknowledge that posting these items was a serious error in judgment, for which I take full responsibility and am profoundly sorry. Moving forward it will be my personal mission and goal to become more understanding and inclusive, and work constantly towards being a positive influence amongst those with whom I interact and work.

“Please accept this letter as my most sincere apology and deep regret for any hurt these posts may have caused in our community.” 

Gazzola has declined to comment on the matter to the media.

The board also updated its notice on the matter Wednesday, adding that because Gazzola is an elected official, the board has no jurisdiction to remove him from the board completely.

On Tuesday the WCDSB announced that Gazzola had agreed to resign as chair of the board of trustees, a position he has held for the past 17 years. He has been a member of the board for 30 years overall.

A special in-camera board hearing was held on July 30 where the board “moved to disassociate themselves from the actions of the chair.” The following day, “by mutual agreement,” Gazzola resigned.

Exactly what the social media posts said, along with when and where they were posted, remains unknown.

The school board was asked if there were complaints about Gazzola’s social media, if the board had a code of conduct for trustees and what the process was moving forward to choose a new board chair. They have not yet responded.

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China's major state banks start internal testing of digital wallet application: media – SaltWire Network

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SHANGHAI (Reuters) – China’s major state-run commercial banks are conducting large-scale internal testing of a digital wallet application, moving a step closer to the official launch of a home-grown digital currency, the 21st Century Business Herald reported on Thursday.

The state-backed newspaper cited sources saying employees at state banks in cities including Shenzhen have started internally testing the app to transfer money and make payments.

The move is in line with a key task for the second half of this year set by the People’s Bank of China (PBOC), which in statement on Monday said the country should actively and steadily promote the development of a state digital currency.

In April, the PBOC’s digital currency institute told Reuters it was implementing internal closed trials of a digital currency electronic payment (DC/EP) system in four cities and that it intended to pilot the system at future Winter Olympics venues.

The central bank set up a research team six years ago to explore the possibility of launching a digital currency to cut the cost of circulating paper money and boost policymakers’ control of money supply.

Government officials last year said the digital currency was “almost ready” but have said little about a launch timetable.

(Reporting by Winni Zhou and Andrew Galbraith; Editing by Christopher Cushing)

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Sports media types adjust on the fly to new normal of league coverage – Powell River Peak

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TORONTO — A couple dozen sportswriters sat physically distanced at a makeshift work area on the 200 level at Rogers Centre for the Toronto Blue Jays’ first intrasquad game of summer training camp.

Masks were on and wipes and hand sanitizer were stationed at each desk as reporter laptops connected to a Zoom call with shortstop Bo Bichette, who appeared via video from the regular media room two floors below.

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Welcome to the sports media new normal for 2020.

Big-league sports are back and everyone involved is adjusting to changes as a result of the COVID-19 pandemic. How the developments might affect the quality and depth of stories, however, remains to be seen.

“People who are just simply good at telling stories, they’ll always find an audience,” said sportswriter David Shoalts, who recently retired after a long career at the Globe and Mail. “But I think there will just be less and less room for them.

“And for the reader, that reader will have to work a little harder to search out where the good storytellers are and who’s telling them.”

One of the biggest challenges for media members is that it’s much more difficult to get access to quality story material because the sports scene is so different.

For example, the days of reporters squeezing in pre-game player interviews on the field are over for now.

Sitting down in the manager’s office for an availability before batting practice? A Zoom call will have to suffice for the time being.

Chatting with an athlete in the locker room before or after a game? That won’t be happening any time soon.

In fact, most sportswriters will not even be on site at games this season. A handful of reporters will attend NHL games in the hub cities of Edmonton and Toronto. Same goes for the NBA bubble near Orlando.

Most scribes will have to settle for video or conference calls in a group setting instead of traditional in-person or one-on-one communication.

It may be the best that teams can do given the various hurdles in place, but it still presents a significant challenge for media members in their effort to present as deep a story as possible.

“When you move to digital, you lose that personal relationship,” said Laurel Walzak, an assistant professor at Ryerson University’s RTA School of Media. “You lose the fact that they see you around the field of play. That’s important.

“To be able to be in the field of play, they see you, you’re part of the overall group, you’re able to talk to many people to get the full story.”

Attending events in person allows reporters to gain a full view of the action and cultivate relationships with players, coaching staff, management and everyone from the locker-room attendants to the travelling secretary.

Jeff Pearlman, an author and former Sports Illustrated writer, said some of the best story nuggets can’t be seen on a television broadcast: players jawing at each other during a timeout, the sense of frustration in a locker room, or a manager being near tears in his office after a loss.

“For the job professionally, that’s what you exist for,” Pearlman said from Laguna Niguel, Calif. “Without that, the coverage is just flat. Anyone can get the score. What’s the point of media if you’re just giving the score and a couple of canned quotes? The whole job is to take (a reader) where (they) can’t go.”

When Shoalts first started in the business, he would routinely sit down with athletes and have one-on-one conversations.

“That’s what access is,” he said in a recent interview from the Bolton, Ont., area. “It’s building trust with those sources so they will open up to you. That became more and more difficult over the years because the leagues were restricting access.

“But now that’s doubly so because this whole pandemic thing has restricted (one on one) access to practically nil.”

Teams and leagues have generally done well to adjust on the fly and help facilitate interaction with the media during the pandemic. However, there have been some issues along the way.

The Professional Hockey Writers Association was upset with the NHL’s decision to allow three writers from its website into the “bubble” in hub cities, but not provide the same access opportunity for PHWA members.

PHWA president Frank Seravalli said that if significant news occurred within the bubble setting, such as at a morning skate or team practice, independent reporters would be in the dark.

“We won’t be there to chronicle it,” he said from Philadelphia. “And if the team decided not to share video from practice with us, we might have no idea that it’s happened. Because every piece of content that NHL.com puts out, the league approves it or edits it.

“So if it’s negative or if it’s something that the team doesn’t want out, NHL.com isn’t going to be the way that it (gets) out.”

NHL commissioner Gary Bettman said the league will continue to look at the media access situation and expected that things will evolve.

“We’re going to continue to monitor things, understanding your sentiments,” he told reporters before league play resumed. “But at the end of the day, we have a greater responsibility to the people who are required to be in the bubble, and to the communities in which we’re playing in. We’re doing the best we can.”

Seravalli said the PHWA was initially told that space limitations would prevent bubble access for media.

When advised later that NHL.com writers would have exclusive access in some areas for this unprecedented playoff setup, he said the feelings of his 300-plus member association varied between frustrated, disappointed and angry.

“If there truly were space limitations, NHL.com writers wouldn’t be inside,” he said, adding that the PHWA has no formal recourse to fight the decision.

The developments also put the spotlight on the grey area of whether league website writers should be considered working media.

“They typically have been given media credentials and are allowed in all the same places that we are to do our job similarly,” Seravalli said. “The NHL has always liked to think of them as media but now there’s been a quick shift in the dynamic, where the league is now saying that they are league employees and they should be subject to whatever access the league wants to give them because they are employees.”

The hub city approach has prevented many outlets from generating their own content, with cost, location and time commitment some of the prohibitive factors.

All NBA games, for example, are being played at the Disney World complex in Florida. Upon arrival, reporters have to quarantine for a week and the minimum cost of accommodation is US$550 per night.

A total of 10 “general media” members were in the bubble for the resumption of play, an NBA spokesman said.

At the outset, there were no Toronto-based reporters on hand to chronicle the defending champion Raptors although that could change if the team makes a deep playoff run. The Toronto Star is planning to send one writer in late August, the spokesman said.

Shoalts said being on site can provide a significant advantage over those who cover things remotely.

“The essential being of a journalist is you are the reader’s eyes on the scene,” he said. “You are there to soak it all in and give some context to it, and relay to the reader what’s going on.

“Even a limited amount of access in a venue is still better than you sitting at home and watching and writing it off TV.”

Walzak suggests that if reporters can think outside the box — regardless of their location — and show resourcefulness, innovation and resilience, they should be rewarded with solid content.

“There’s so many different types of stories you can tell that people still don’t have information on that are going to be relevant and interesting,” she said from Collingwood, Ont.

“So keep telling them.”

This report by The Canadian Press was first published Aug. 5, 2020.

Follow @GregoryStrongCP on Twitter.

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