Karmaloop TV Secures Licensing Deal with Shaw Brothers Library of Hong Kong Kung Fu and Action Classics

BOSTON, Nov. 8, 2010 /PRNewswire/ -- Karmaloop TV, the new multi-platform programming network designed to help operators "reclaim" viewership among the 18 to 34 year old demographic, has announced its first film licensing deal with Celestial Pictures. The Hong Kong based company owns, restores and licenses the world's largest collection of Chinese-made films including the Shaw Brothers library of fan favorite kung fu and action classics such as THE 36th CHAMBER OF SHAOLIN, THE FIVE DEADLY VENOMS and THE ONE-ARMED SWORDSMAN.

"This is a unique genre of films that has a huge following and influence on Verge Culture, the multi-cultural community of tech-savvy young people who communicate digitally to share the latest trends in fashion, lifestyle and entertainment," states Greg Selkoe, CEO of Karmaloop TV. "This is particularly true of the Shaw Brothers' kung fu films, which have inspired everything from the names, rhymes and album titles of iconic hip hop superstars like Wu-Tang Clan to action films like Quentin Tarantino's KILL BILL to a vast array of art, video games and fashion."

The licensing deal with Karmaloop TV also means that kung fu and action film fans in the United States will see these films in their digitally restored versions, many of which will be premiering for the first time on U.S. television in High Definition. The licensed collection includes more than 60 of the greatest martial arts masterpieces, movies which launched the careers of stars like Jet Li, Ti Lung, David Chiang, Alexander Fu Sheng, Gordon Liu and Jimmy Wang Yu.

"It seems only natural that we begin building our film programming with such a resonant collection, one that lends itself to repeated viewing," adds David Sehring, Karmaloop TV's Executive Vice President of Programming, the man who built and curated the impressive film libraries of AMC and MONSTERS HD prior to joining the new upstart youth network. "We're especially pleased to give this library the kind of multiple platform home needed to truly commune with a young audience, wherever and whenever they want to watch these action classics."

SOURCE Karmaloop TV

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