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ZASH Global Media and Entertainment Corporation, a U.S. based entertainment, content and distribution company, announced on Thursday that Nasdaq listed Vinco Ventures, Inc. agreed to complete a merger, which according to Zash, will create the “acceleration and growth in live-streaming content, video-sharing, distribution and production within its own ecosystem.”
Zash aims “to invest, acquire and merge the best-in-class media, entertainment and content-focused technology companies globally,” according to a news release, which added the ultimate goal is “to build a ‘Virtual Hollywood,’” which the company argues is “the future of media.”
“What we’re doing here is we’ve started with the technology side and really focused on the eyeballs first because we knew the content would come and now we’re marrying the two,” Farnsworth told host Maria Bartiromo of the merger.