30 January 2014 9:32 AM, PST | ScreenDaily | See recent ScreenDaily news »

New York-based investment firm Sterling Genesis International has acquired Tla Entertainment Group.

The deal covers direct-to-consumer brands and all digital properties, including tlamovies.com, tlavideo.com, tlagay.com, tlacult.com and tlaondemand.com.

Derek Curl [pictured], Chief Executive Officer and President of Sterling Genesis, will become CEO and President of Tlaeg.

Tla Releasing, owned separately by Curl, will be reintroduced into the Tlaeg as part of the acquisition.

G. Sterling Zinsmeyer, Chairman of Sterling Genesis International, will become Chief Operating Officer of Tlaeg. Zinsmeyer said: “Tla’s powerful worldwide brand awareness, together with fresh capitalization, will enable us as a company to continue to flourish, build upon a strong infrastructure, and seize new opportunities for digital expansion in the current marketplace.”

“With this acquisition’s potential for consolidation and global expansion, we will be able to realize even further the tremendous value Tla Entertainment Group has in the entertainment world,” added Curl.

Tla Entertainment »

- wendy.mitchell@screendaily.com (Wendy Mitchell)

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