Consorteum Holdings Inc. announced that it has entered into a Strategic Partnership Agreement with Ko Entertainment, Inc. Under the terms of the agreement, Consorteum will purchase a 5% ownership interest in KO Entertainment as well as assist with the evaluation of business expansion initiatives and various strategic relationships that will lead to increased revenue opportunities. The company has also agreed to make available a limited line of credit for acquisitions that will grow the business and accelerate brand awareness. In conjunction therewith, KO Entertainment will sign a separate agreement providing for the repayment of funds advanced pursuant to the line of credit.

Through a revenue sharing agreement with KO Entertainment, Consorteum will receive a percentage of revenue generated from each acquired business in which the company participated.