SOURCE: WGL Entertainment Holdings

October 25, 2006 07:00 ET

WGL Million Dollar Shootout Expected to Be a Major Hit in Japan

ORLANDO, FL -- (MARKET WIRE) -- October 25, 2006 -- WGL Entertainment Holdings, Inc. (OTCBB: WGLE) announced today that it expects its reality golf show the "WGL Million Dollar Shootout" (MDSO) to be a major hit in the Japanese television market. The golf-crazed country is enjoying a boom in golf, thanks in part to the hero like following of two young LPGA stars. Ai Miyazato and Sakura Yokomine are fueling a ratings bonanza for Japanese television, and network executives attending SPORTEL were very keen on bringing home golf-based content such as the MDSO to feed the frenzy.

"The lure of big prize money and non-professionals competing for it is a natural fit in the Japanese culture. The airing of the MDSO in Japan and its ratings will be instrumental in our negotiations with U.S. networks and the value of the MDSO in the U.S. market," said Michael Pagnano, CEO of WGL Entertainment Holdings, Inc.

WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment, is the producer of the "WGL Million Dollar Shootout" Reality Television Series and several other made for T.V. sports entertainment events scheduled to be produced in 2007 and beyond.

To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.

Contact Information

  • For more information contact:

    Michael Pagnano
    WGL Entertainment Holdings, Inc.