FOR IMMEDIATE RELEASE
Heritage Auctions is proud to announce the acquisition ofMovieposterbid.com.
Movieposterbid.comowner Joel Halegua of Las Vegas, Nevada said the buyout came
at “just the righttime” as several hundred dollars was needed in order to
support “other habits”. This comes just months after Haleguaannounced he would
be holding monthly auctions featuring millions of dollars’worth of consigned
movie posters amongst other items.
Grey Smith organizer of Heritage’s movie poster divisionsaid the magnitude of
deal “cannot be put into words.” “This is an absolute MONSTERdeal that we are
all happy to finally get done. It’s going to shape the future landscape ofthe
hobby. We all know the breadth andscope of items Movieposterbid.com was able
to offer. For years Movieposterbid.com has catered tohigh-end clientele and
been able to sell some of the finest posters in existence.Acquiring
Movieposterbid.com is going to enhance all of our auctions goingforward.”
Thisground-breaking news is likely a win-win for both sides involved.
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