MIAMI, Feb. 25, 2020 (GLOBE NEWSWIRE) — Touchpoint Group Holdings, Inc. (OTCQB: TGHI) (Company or Touchpoint) a media and digital technology holding company, today announced the sale of Browning Productions & Entertainment, Inc. (“BP&E”).
Pursuant to TGHI’s stated strategy of disposal of non-core businesses, the Company today is pleased to announce the sale of BP&E to its founder and previous owner, William Browning.
Mark White, Chief Executive Officer of Touchpoint, stated, “We are pleased to announce the sale of BP&E to William. This sale allows us to further concentrate resources and efforts on the further expansion of our customer and fan base software application, through our subsidiary Touchpoint Connect Limited. We wish William all the best in his future endeavors.”
“The Touchpoint app represents a new paradigm in how content is delivered to subscribers. Importantly, this app provides content providers, which can include sports teams, athletes, trainers, or other celebrities and brands, with greater control over how and when their content is delivered, in order to maximize fan engagement, sponsorships, advertising and more. We look forward to providing further updates on this platform and new revenue opportunities under development.”