LAS VEGAS, July 25, 2005 (PRIMEZONE) -- Milagro Entertainment, Inc., a wholly owned subsidiary of Milagro Holdings, Inc. (Pink Sheets:MLGH), is pleased to announce that it has acquired the Film and Television rights for the life story of Baseball Legend "Leo Durocher" from CMG Worldwide.
"This is the continuance of a well developed plan for Milagro in acquiring rights and building assets that will ultimately be the platform that will give Milagro a strong foothold within the Film and Television Industry. We believe that the life story of Leo Durocher is so compelling that it will definitely garner an interest of both a Major Film Studio and a top name Actor to play the role," said Stephen Brown, President/CEO.
About Milagro Entertainment, Inc.
Milagro Entertainment, Inc. is dedicated to producing quality product for Television and Film. Milagro Entertainment is constantly seeking out new projects while developing existing projects and leveraging rights to literary and real-life adaptations.
About Leo Durocher
He was what you call today: a player. He played for 20 years and left his mark at every stop. For 34 years, he managed and led some of the greatest baseball players that ever played the game. Every player that played for him knew that winning was the only result that would give him a good night's sleep. Lose and there was hell to pay. Not for his own players, but for the next day's opponent. He coined a phrase that has been repeated in every stadium, bar, nightclub, coal mine, newscast, bus station, office and even in the bedroom, "Nice Guys Finish Last." He was baseball's ultimate character. He was known as "The Lip"... Leo "The Lip" Durocher.
http://www.baseball-reference.com/managers/durocle01.shtml
http://www.cmgworldwide.com/baseball/durocher/index.htm
About CMG Worldwide
Based in Indianapolis, Indiana, with offices in Hollywood, California, and Rio de Janeiro, CMG Worldwide secured its position during the 1970s as the premier company for representing the families and estates of deceased celebrities. Today, CMG Worldwide represents over 400 diverse personalities and corporate clients in the sports, entertainment, and music fields. http://www.cmgworldwide.com/
This press release does in no way constitute a reason to purchase the stock of MLGH as the company cannot predict the outcome to be a success. Forward-looking statements and comments in this press release are made pursuant to the safe harbor provisions of the Securities and Exchange Act of 1934. Such statements relating to, among other things, the prospects for the companies to complete the transactions and enhance the operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These risks may be further discussed in periodic reports and registration statements to be filed by the company from time to time with the Securities and Exchange Commission in the future.