Capital Art Changes Name to Globe Photos, Representing One of the World's Largest Archive of Pop Culture Imagery; Stock Symbol Changes to GBPT
LAS VEGAS, June 28, 2018 (GLOBE NEWSWIRE) -- Capital Art, Inc. (OTC:CAPA) (OTC:GBPT), a global leader in vintage Iconic pop culture images and memorabilia for the art, editorial and commercial markets, has changed its name to Globe Photos, Inc., adopting the name of its subsidiary which was founded in 1939 and is widely regarded as the nation’s first pop culture photo agency. The company’s stock trading symbol will also change to GBPT on Friday, June 29.
“Represented in the legendary name of Globe Photos is our mission of preserving and advancing the history of pop culture through iconic imagery and memorabilia,” said company CEO, Stuart Scheinman. “The name change also reflects the next step in our evolution, where we are beginning to fully launch into multiple channels in the art, editorial and commercial markets. These channels include online, retail, big box, specialty and gallery networks through which we offer both traditional licensing and finished products, such as limited editions and collectables.”
Globe Photos has assembled one of the world’s largest and most diverse collections of iconic pop culture photographic imagery. The Globe Photos library comprises more than 10 million images representing 3,500 photographers from every corner of the world. In addition to the original Globe Photos Agency library, the collection also incorporates several other valuable archives, including the Harris & Ewing Historical Archive, The Frank Worth Archive, The Movie Star News Collection, Jill Gibson Archive, Camera Press and Photo Trends, among others. Globe Photos also offers a comprehensive stock photography archive covering artistic imagery and historical events.
“We invite everyone to visit our website and experience the beauty and magic captured in our premium photographic artwork and collectibles that feature iconic personalities and unforgettable moments from the worlds of entertainment, sports, history and politics,” added Scheinman. “Whoever might be your favorite actor, rock star or celebrity, there is truly something for everybody at Globe Photos.”
About Globe Photos
Globe Photos, Inc. acquires and manages Iconic pop culture photographic image libraries, with one of the largest and most diverse collections of vintage pop culture imagery in the world. Its library includes more than 10 million iconic images that feature the most beloved Hollywood idols, music stars and most iconic figures of the 20th century. The company markets and distributes images for the art, editorial and commercial markets. It also sells limited editions of its photographs through galleries, art consultants and interior decorators. For more information, visit www.globephotos.com.
Important Cautions Regarding Forward Looking Statements
Cautionary statement for purposes of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995: Information in this news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of the Company and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the execution and performance of contracts by the Company and its customers, suppliers and partners. The Company disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.
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