Benzinga | Apr 8, 2021 04:34PM EDT

Dolphin Entertainment Offers 2020 Business Highlights

Dolphin Entertainment, Inc. (NASDAQ:DLPN), a leading entertainment marketing and premium content production company, announces its 2020 business highlights and 2021 outlook:

"Dolphin 1.0, our core investment strategy to form and operate a best-in-class entertainment marketing 'Super Group,' had a successful 2020 with the highly strategic acquisition of influencer marketing agency, Be Social," said Bill O'Dowd, CEO of Dolphin Entertainment. "Momentum continued into 2021, with the acquisition of BH/I, a leading entertainment content, gaming and Esports PR firm, expanding Dolphin into exciting new entertainment verticals, and greatly enhancing cross-sell opportunities."

Mr. O'Dowd added, "With scale across all major entertainment categories, Dolphin is now in a position to launch Dolphin 2.0, wherein we will own (by ourselves and with partners) content, live events and consumer products which we are marketing. We believe Dolphin 2.0 will allow us to fully leverage our unique and powerful entertainment marketing Super Group, and greatly accelerate our growth. To that end, in March, we formed a new division dedicated to designing, producing, releasing and promoting Non-Fungible Tokens (NFTs) for ourselves and our clients within the sports, film, television, music, gaming, epicurean, and technology industries. Next, we signed our first NFTs partnership with Hall of Fame Resort & Entertainment Company, the only resort, entertainment and media company centered around the power of professional football. And, today, we announced that our initial NFT offerings will feature Earl Campbell, Tim Brown and Doak Walker, as the first in a series featuring athletes that are members of the most exclusive club in all of football - the ten men that have both won the Heisman Trophy and been inducted into the Pro Football Hall of Fame."

Mr. O'Dowd concluded, "We are enthusiastic about the NFT space, and believe we are extremely well-positioned to capitalize on the expansion of the collections and memorabilia market to the digital realm. We expect more exciting announcements in the coming weeks from our partnership with Hall of Fame Resort and Entertainment Company. And we also expect to announce more exciting NFT partnerships in the coming weeks, as well. With all of that said, NFTs represent just one of the Dolphin 2.0 initiatives we expect to share in 2021. We could not be more excited."

Selected Business Highlights Since Q3 2020

* Dolphin Entertainment Signed its First NFT Partnership with Hall of Fame Resort & Entertainment; Announced First Offerings to Feature Heisman Trophy Winners and Pro Football Hall of Fame Inductees Earl Campbell, Tim Brown and Doak Walker.

* Dolphin Entertainment Launched Non-Fungible Tokens (NFTs) Creation and Marketing Division

* 42West was involved in various capacities with 13 films that earned a total of 32 Academy Award nominations.

* 42West Enjoyed an Incredible Night at the 63rd Grammys

* Shore Fire Clients Performed, Presented and Won at the 2021 Grammys

* Dolphin Entertainment Acquired B/HI (Formerly Bender/Helper Impact)

* Dolphin Entertainment Recognized in New York Observer's PR Power List 2020

* The Door & Be Social Launch Culinary Influencer Marketing Initiative for Brands Looking to Create "Foodie" Buzz on Social Media

* 42West Ranked by Forbes Among America's Best PR Agencies 2021

Conference Call Information

To participate in this event, dial approximately 5 to 10 minutes before the beginning of the call.

Date, Time: April 8, 2021, at 5:00pm ET

Toll-Free: 877-407-0782

International: 201-689-8567

Webcast: https://www.webcaster4.com/Webcast/Page/2225/40562

Conference Call Replay Information

Toll-Free: 877-481-4010

Reference ID: 40562

Webcast replay: https://www.webcaster4.com/Webcast/Page/2225/40562