2009-10-28 14:37:54 EST

Global Universal Pictures

Hosts Corey Haim at “One on One” Press Conference

For Immediate Release …..

Los Angeles, CA – (WORLD STOCK WIRE) – October 29, 2009 — Global Entertainment Holdings, Inc. (“Global”), a publicly traded entertainment Company (OTC: GBHL), and its Canadian affiliate Global Universal Pictures (Global Pictures) is pleased to announce that COREY HAIM, the star of AMERICAN SUNSET, will be giving his first “one on one” press conference at the AMERICAN FILM MARKET in the VENICE ROOM of the LOEW’S HOTEL from 2:30 PM to 3:30 PM, on November 6, 2009.  Corey will speak about his first starring role, in three years, where he plays the husband of a kidnapped woman and is led on a wild goose chase, filled with riddles and clues, and knowing that if he misses just one clue, his wife will be killed!

AMERICAN SUNSET will hold its red carpet, world premiere, with a private “after party”, on November 9th at 7:30 PM, where Corey will be available to meet and greet his fans.  For further information and tickets to this exclusive premiere event, please visit Corey’s personal web site at:www.coreyhaim.us.

AMERICAN SUNSET stars former teen superstar Corey Haim, Frank Molina, Bernie Robichaud and Angela Cullins. The film was written and produced by Jackelyn Giroux and directed by Michael Masucci. The film’s official website: (www.AmericanSunsetTheMovie.com)

Global Entertainment Holdings, Inc. is a public Company, traded on the “OTC” under the symbol, GBHL. The Company goal is building a global entertainment organization. GBHL, through its wholly owned subsidiary, Global Universal Film Group, Inc. (http://www.globaluniversal.com), and its partially-owned Canadian subsidiary Global Universal Pictures, is in the process of developing and producing a slate  motion pictures in Canada with recognizable names, for worldwide release.  GBHL is focused on the financing and marketing of these feature-length films.  GBHL, through another wholly owned subsidiary, You’ve Got The Part, Inc. (www.youvegotthepart.com), will attempt to capitalize on the current popularity of Hollywood and reality based programming by casting small roles online that anyone with a digital camera can apply for.  Further information on the Company and/or its publicly traded stock can be obtained by contacting the company at: contact@globaluniversal.com; facsimile: (818) 827-0090;

URL: WWW.GLOBALUNIVERSAL.COM.

SOURCE:  Global Universal Pictures, Inc.

A Global Entertainment Holdings Affiliated Company

Jackelyn Giroux, President of Global Pictures, stated “We are excited to be presenting the exclusive release of AMERICAN SUNSET, starring Corey Haim and Frank Molina, at our red carpet world premiere at the Santa Monica Laemmle Theatre on November 9th at 7 30 PM, with both actors attending and signing autographs. A private party with many of Haim’s exclusive fans is planned afterwards. In addition, AMERICAN SUNSET will have two buyer screenings at the Loews Screening Room on Saturday, Nov 7th at 11 AM, and again on Sunday Nov. 8th at 1 PM.”

Another film produced by Global Pictures, BLUE SEDUCTION, starring Billy Zane and Estella Warren, also will have a limited showing at the AFM market.

Global CEO, Gary Rasmussen, commented that, “In addition to AMERICAN SUNSET, Global Films will be representing Freelance Filmworks’ award winning film, ROUNDS, starring Mark Atienza, and Billy Drago and featuring James Handy. ROUNDS won “Best Drama”, “Best Screenplay” and “Best Actor” (Mark Atienza) at the 29th Annual Breckinridge Festival of Film 2009, and will be shown to buyers at the Global Universal offices at AFM in Room 220 at the Lowes Hotel.

Ms. Giroux further added, “Global Pictures and Global Films, our film sales subsidiary, will have four exclusive films from New Brunswick, Canada: COO COO CAFÉ, co-starring Barbara Carrera and Wayne Rogers, LAKE FRONT, directed by Doug Sutherland, WOMEN WITHOUT WINGS, winner of the Silver Remi Award, Houston Worldfest, and THE BAKE UP MAN, starring Isabelle Cyr.”

Global Universal has recently finalized financing on their third film this year, PLASTER ROCK, about a group of murders which took place in a hunting lodge fifteen years ago. The new film will be produced in Canada by Jackelyn Giroux, president of Global Pictures.

Global Entertainment Holdings, Inc. is a public Company, traded on the “OTC” under the symbol, GBHL. The Company goal is building a global entertainment organization. GBHL, through its wholly owned subsidiary, Global Universal Film Group, Inc. (http://www.globaluniversal.com), and its partially-owned Canadian subsidiary Global Universal Pictures, is in the process of developing and producing a slate of six to eight motion pictures. GBHL is focused on the financing and production of feature-length films, with recognizable names, for worldwide release. GBHL, through another wholly owned subsidiary, You’ve Got The Part, Inc. http://www.youvegotthepart.com, will attempt to capitalize on the current popularity of Hollywood and reality based programming. Coverage of GBHL’s common stock has been initiated by “The Wall Street Corner” (www.wallstreetcorner.com/daily.html).

Further information on the Company and/or its publicly traded stock can be obtained by contacting the company at: contact@globaluniversal.com or (877) 807-8880. URL: WWW.GLOBALUNIVERSAL.COM

SOURCE: Global Universal Film Group, Inc., a wholly-owned subsidiary of
Global Entertainment Holdings, Inc. (OTC: GBHL)

Gary Rasmussen, CEO
Global Entertainment Holdings
650 N. Bronson
Los Angeles, CA 90004
USA

Phone: 877-807-8880

LOS ANGELES–(BUSINESS WIRE)–Global Entertainment Holdings, Inc., a publicly traded entertainment Company (OTC: GBHL), announced that its Canadian affiliate, Global Universal Pictures, Inc. (GUP), has secured Corey Haim (Crank High Voltage, Lost Boys) to star in the leading role of American Sunset, the Company’s second feature-length film this year being filmed in Canada.

GBHL CEO, Gary Rasmussen, commented that “Mr. Haim recently starred in Crank-High Voltage, opposite Jason Statham (The Transporter Series, The Bank Job, Death Race) and we are very excited that he was available for American Sunset.”Also co-starring in American Sunset are Frank Molina and Bernie Robichaud (Trailer Park Boys).

Kaleidoscope Entertainment has been selected as the Canadian distributor for American Sunset and Global Universal Film Group, a wholly-owned subsidiary of GBHL, is the sales agent.

Jacqueline Giroux, President of GUP, announced that American Sunset, an action thriller, is just completing principal photography and will be ready for release this Fall. “As with our first feature length film, Blue Seduction, several star actors were interested in becoming involved with us on this film project because it deals with the timely subject matter of personal security in today’s world.”

Ms. Giroux wrote American Sunset and is the film’s Producer; Michael Masucci is the Director and Marc Savoie of The Postman (a post-production facility in Canada), will co-produce and provide post-production services. Executive Producers are Eric Leffler and Gary Rasmussen.

Mr. Rasmussen also stated that, “Securing well known talent for American Sunset and with additional film projects underway, GBHL’s business model is rapidly becoming a reality. All investors and shareholders are encouraged to visit our websites www.globaluniversal.com and www.global-gbhl.com for further information, disclosures and disclaimers about our company and our current progress.” The Company’s goal is to build a global entertainment organization.

Coverage of GBHL’s common stock has been initiated by “The Wall Street Corner” (www.wallstreetcorner.com/daily.html). Further information on the Company and/or the publicly traded stock can be obtained by contacting wfsolutions@gmail.com or 765-780-0915.

Global Entertainment Holdings, Inc. is a public Company, traded on the “OTC” under the symbol, GBHL. The Company’s goal is to build a global entertainment organization that will profit from the distribution and production of motion pictures and other entertainment media. GBHL, through its wholly owned subsidiaries, Global Universal Entertainment and Global Universal Film Group, (http://www.globaluniversal.com), along with its partially-owned Canadian affiliate, Global Universal Pictures, is in the process of developing and producing a slate of motion pictures. Global Universal Film Group is also developing “You’ve Got The Part” (www.youvegotthepart.com), an on-line casting show with audience participation that will endeavor to capitalize on the public’s fascination with Hollywood and the popularity of reality based programming.

Further information on the Company and/or the publicly traded stock can be obtained by contacting Worldwide Financial Solutions at: wfsolutions@gmail.com or the Company at: contact@globaluniversal.com

This press release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements contain words such as “expects,” “believes,” “anticipates” and “intends.” Important risk factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, economic conditions affecting the collection of advances and fees associated with the Company’s former core business operations; the ability of Global Entertainment Holdings and its subsidiaries to achieve their business goals and profitability, as well as activities, events or developments that the company expects, believes or anticipates will or may occur in the future; and the company’s ability to finance its planned film production efforts. Such statements are subject to a number of assumptions, risks and uncertainties that are disclosed from time to time in the company’s reports filed with the Securities and Exchange Commission. The Company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management’s expectations, except as required by law.

Source: Global Entertainment Holdings, Inc.

Tel: 877-807-8880