UNIVERSAL CITY, Calif., May 4, 2010 (GLOBE NEWSWIRE) -- Camelot Entertainment Group, Inc. (OTCBB:CMGR) ("Camelot") announced today that it has acquired the assets of Liberation Entertainment, Inc. ("Liberation"), including 750 of Liberation's 888 title film library initially, with the potential to add 138 more titles once title issues are cleared. In a deal valued between $3,900,000 and $4,430,000, Camelot Film Group, Inc., a wholly owned subsidiary of Camelot, picked up an eclectic library comprised of titles encompassing a wide-range of genres in film and television spanning a period of more than 40 years, including such titles as the "Wolverine and X-Men" animated series, the "Peter Gunn" television series, the original " House on Sorority Row" and the original " Frost/Nixon" interviews. The marketing and sale of the library titles worldwide will be managed by Camelot Distribution Group, led by President of Distribution Jamie Thompson.
Camelot Acquires Liberation Film Library
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