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Diverse Media Group, Inc.
(OTC: DVME)

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Breaking News:

"Diverse Media Group Inc. (DVME) Finalizes Joint
Venture to Create Celebrity Superhero Franchises"

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Financial Snapshot:

Business:
Media & Entertainment
Exchange:
OTC
Symbol:
DVME
Current Price (09/16/09):
$.0035

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Diverse Media Group, Inc. (OTC: DVME)

Detailed Quote: http://www.otcpicks.com/quotes/DVME.php

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Company Overview

Diverse Media Group, Inc. operates entertainment services across all platforms of distribution in the emerging digital age.

Diverse Media Group, Inc. is the parent company that emerged from the expanded range of services developed by the leadership of Diverse Talent Group, Inc. (DTG). DTG was incorporated in the year 2000 but has roots going back 27 years as a talent agency representing artists in motion pictures, television, radio and commercials. DTG is ranked by the LA Business Journal as the 10th largest among Hollywood's most influential agencies. Diverse Media Group, Inc. is building upon those years of experience to create a multi-tiered organization that creates content, owns and operates distribution channels, and pioneers methods of packaging entertainment products.

Diverse Media Group, Inc. combines more than 25 years of entertainment industry know-how and the relationships it has built up over that period into a powerful engine, forging into the media future.

On September 16, 2009. the Company announced its acquisition of a 50% equity stake in Celebrities In Action, Inc., in a joint venture to create new superhero character franchises based on real-life Hollywood celebrities. (See the Full News Story Below) Their Television & Syndication division’s Hometeam program also has added television stations which are members of the My Family TV Network to its syndication roster, providing access to an additional 26 million households.

DIVERSE TALENT GROUP, INC. (DTG)

Over the past 27 years, Diverse Talent Group, Inc., (“DTG” or “the Agency”), has built a leading talent agency, with expertise in films, television, sports, music, literary and interactive media. The Company’s vision is to leverage its dynamic agency infrastructure, as well as its immense capacity to provide talent agent services, to expand into complimentary business segments within the entertainment and media industry.

In Hollywood, the difference between a successful career and a floundering career is the talent agent. This philosophy is embedded in the DTG organization, allowing the Agency to deliver to its clients a dynamic service that simultaneously nurtures an artist’s career, but demands the professionalism and flexibility to adapt in a changing world climate. DTG thrives on being a competitor amongst the top agencies while still giving its clients the “boutique-level” attention they deserve. No other comparable talent agency is currently operated as a conventional business like DTG.

DTG believes its unique business model and management approach can be applied to other entertainment and media businesses. To accelerate its growth, the Company’s immediate strategic focus is to consolidate the fragmented talent agency business, employing the DTG platform to realize efficiencies and incremental revenue opportunities. With a growing list of talent through organic and inorganic driven growth, the Company can ultimately use its market power to further diversify into new segments, placing DTG in the top five agencies in the U.S.

Originally founded in 1982 as CNA & Associates, the Agency was later merged with Susan Sussman’s Premiere Artists Agency and renamed Diverse Talent Group. The Century City, California-based Company, offers talent and literary representation in commercials, episodic television, cable programming and motion pictures, in addition to project packaging and distribution. With a roster of more than 1,000 high-profile clients and a mix of developing prospects, DTG is a robust organization building on its foundation of talent-based commissions and television and film packaging revenues.

Its client base, a highly valued asset, from Academy-Award winners and top sitcom Artists, to “one-hour” drama directors, editors and producers, drives the power of DTG. This client roster provides the Agency with recurring revenues from commissions, as well as high-margin development projects for television and film. The Agency’s strong creative team has developed a niche in producing packages for film and television that will provide significant revenue streams in the strategic growth plan.

TALENT QUEST AMERICA, INC.

You’ll soon be seeing and hearing a lot about Talent Quest America, a talent search for America's top undiscovered actor and actress being presented by Talent Quest America, Inc. a subsidiary of Diverse Media Group Inc.

What Do the Winners of Talent Quest America Win? The winners of Talent Quest America, will receive a Talent Agency contract with Diverse Talent Group, Inc. the 8th largest Talent Agency in Hollywood and the World. Auditions will be conducted through videos posted to our website.

What is "Name our Super Stars" Name our Super Stars is NOT a Talent Search but a contest that anyone (with or without acting talent) can win, simply by submitting guesses based on weekly clues that will be released on this website. The prize is an appearance on a national television show.

Coming Soon! Anyone Can Win!
Win Our "Guessing" Contest and you can be on TV without having to submit an audition. All you have to do is watch for weekly "clues" and submit guesses. The person who guesses all of our "Super Star" identities correctly will win an all expenses paid Hollywood Experience.

Rules will be posted on the web site, www.TalentQuestAmerica.com.

Business Plan: Talent Quest America will generate income from advertising based on web traffic, talent seminars, text message voting, merchandise sales, and from a spin-off television show.

STRATEGY FOR GROWTH

Overview

Diverse Media Group, Inc. believes that the future of the entertainment industry creates the need for a holding company offering a 360 degree range of products and services which capitalize upon new technology and creative trends.

To focus on the business development of this opportunity, the Company has created a new operating division, Diverse Digital Studios. The goal is to build out from the relationships and expertise developed over the 27 year history of its legacy wholly owned subsidiary, Diverse Talent Group, Inc. (DTG).

It is the mission of Diverse Media Group, Inc. to become a premier provider of talent, programming, and content for all media. In the future, the Company seeks to own and operate distribution channels for this purpose.

Diverse Talent Group, Inc. (DTG)

The core business will continue to improve its revenue projections with the addition of key agents to enhance the potential of the firm. These agents will fall into two areas:

Literary agents to handle scripts and packaging
Reality expert- for expansion of unscripted, non fiction material

Packaging

The expansion of platforms for content has created a demand for new product provided by producers of content. Diverse Media believes it can achieve future growth through a strategy of acquiring a “packaging agency.” The agency will enable DVME to pitch projects and to participate in ownership of some of them.

Television Representation (non theatrical)
There are many single proprietor agencies that represent on air talent in news programs nationwide. Most have existing revenue streams, but little growth potential. These firms would find being part of a larger corporate entity a benefit to their growth potential.

Diverse Digital Studios

New Media

Viewer trends favoring Web 2.0 (sites powered by video) will create an opportunity to provide new content and to develop and own sites. Diverse Media also seeks to acquire or partner with companies that are creating internet based content and/or web sites that offer news, information or entertainment content. The talent available through DTG will offer unique opportunities for synergy in this arena.

  • Create division that provides content for web plays
  • Develop and own web 2.0 portals
  • Cross promote and develop programming for all platforms

Talent Quest America, Inc.

This is a web based talent search for actors/actresses. The plan is to operate and create a web portal that allows artists to submit their work for review by a panel of experts. Similar in tone to the successful “American Idol”, this contest offers actors the opportunity to become known, and actually be in a movie or television series.

It is expected that this web search will engage thousands of hopefuls across the country, and will generate significant traffic for the site.

The search is being promoted through a partnership with NEWSUSA, the country’s largest provider of news releases to millions of readers each day.

Summary

It is the goal of Diverse Media Group, Inc. to quickly become an entertainment company that provides talent, content, and distribution channels in the new digital age. By achieving mass through internal growth and strategic partnerships and acquisitions across many venues, we seek to improve value for all of our shareholders.

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Recent DVME News:

September 16 - Diverse Media Group Inc. (DVME) Finalizes Joint Venture to Create Celebrity Superhero Franchises

Diverse Media Group, Inc. (OTC: DVME) has completed the acquisition of a 50% equity interest in Celebrities in Action, Inc. (“CIA”) in a joint venture to create new superhero character franchises based on real-life Hollywood celebrities. The new characters will be developed with major stars of film, music, television and sports. Plans include original storylines spanning television, film, mobile and home entertainment, videogames, publishing, consumer products and merchandising.

Celebrities In Action, Inc. is a vertically integrated entertainment company that develops, produces and distributes proprietary and licensed entertainment content, with a particular focus on animated celebrities.

Diverse Media Group purchased 37,500,000 shares of CIA common stock, representing 50% of all authorized shares of Celebrities In Action, Inc. In exchange, Diverse Media Group agreed to assume CIA's responsibilities in signing up celebrities and/or well-known athletes to participate in the creative joint venture with Stan Lee's POW! Entertainment, Inc. Diverse Media Group also agreed to issue 20,400 shares of its Series A Preferred Stock to Fordee CA Trust, the majority CIA shareholder, exchanged for the acquisition of California PA Trust, a California business trust owned by Fordee, and Fordee’s release of its option to acquire the 37,500,000 shares of common stock in CIA.

CIA has an existing joint venture with Stan Lee’s POW! Entertainment banner to develop, produce and distribute animated programming, content and merchandise based on the premise of real-life celebrities in competition against characters from other worlds. Diverse Media Group will identify and secure the celebrity participation and Stan Lee will provide the creative vision to shape these novel superhero personas.

Praised as “a legend” worldwide and honored with his own Hasbro “Marvel Legends” action figure, Stan Lee is associated with such breakthrough superhero characters as Spider-Man®, The Incredible Hulk®, The Fantastic Four®, X-Men®, Iron Man® and Daredevil®. He is also recognized as an innovator in creating new media opportunities and revenue streams for the superhero genre. Among his accomplishments, Stan Lee is credited with leading the expansion of Marvel Comics from a small division of a publishing house to a multimedia corporation, and developing his characters into longstanding franchises.

Hollywood talent agent Chris Nassif, founder of Diverse Talent Group and its parent company, Diverse Media Group, Inc., commented, ”Stan Lee has excelled as a visionary, a leader in the global media industry and a creative talent whose complex fictional characters have become living, breathing members of our world. We are delighted to provide the setting for him to create characters based on real stars, which taps into the resources of CIA, POW! Entertainment, and Diverse Media Group.”

Lee’s POW! Entertainment company has a first-look deal with Disney, which last month acquired his former company, Marvel Comics, for $4 Billion.

About Diverse Media Group, Inc.

Diverse Media Group, Inc. (OTC: DVME) (http://www.diversemediagroupinc.com) is an entertainment company that aggregates expertise across all aspects of the media industry. Diverse Media Group has at its core the established 27-year history of its wholly owned subsidiary, Diverse Talent Group. Diverse Talent Group is now the 10th largest Hollywood agency offering talent and literary representation in commercials, episodic television, cable programming and motion pictures. The company has the ability to create programming, foster distribution and represent talented individuals to fuel a new digital age of content generation. The parent company also includes the subsidiary Talent Quest America, Inc., which identifies new and rising talent representing the future of the Hollywood entertainment community.


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Disclosure: OTCPicks has been compensated ten million free trading shares from a non-controlling third party (Microcap Management) for DVME advertising and promotional services.

 
 
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