Thursday, May 19, 2011

Explore Studios Announces $25 Million Investment

 Voobon Ventures has invested $25 million in Explore Studios, Inc., a media production and distribution company.  Explore Studios is currently in post- production of the independent film “The Retirement Party,” and several reality and talk shows, all shooting in Atlanta, Ga.  The studio began development in 2007 under the supervision of Mark Shariar, Managing Fund Director of Voobon Ventures, Inc. 
Explore Studios, Inc. is an addition to Voobon Ventures, Inc.’s portfolio companies.  The facility is the first Media and Entertainment Company the private equity firm has supported.  Voobon Ventures, Inc. envisions promising relations with Explore Studios, Inc. and understands the promising future it has in the media and entertainment industry. 
About Explore Studios, Inc.
Explore Studios, Inc. is one of the most anticipated media companies.  Explore Studios is working on one of the world's first networks dedicated to online streaming.  The Company's principal purpose is to develop, produce, and distribute quality motion pictures and television programming for theatrical and home entertainment releases. Additionally, Explore Studios, Inc. will create online content for over 25,000 websites, including its own.  The goal of Explore Studios, Inc is to create captivating entertainment with a global appeal that focuses on a youthful market.

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