Public Media Works, EntertainmentXpress complete share exchange
May 5, 2010
MarketWatch's Marketwire reports that Public Media Works has acquired the outstanding stock of DVD-rental kiosk company EntertainmentXpress in exchange for Public Media Works' agreement to issue 13,685,755 shares of its common stock to former EntertainmentXpress shareholders.
According to the report, Public Media Works intends to leverage its new DVD-rental kiosks to offer "demographically relevant digital media content to consumers."