Exhibit  99.1

       RED GIANT ENTERTAINMENT TO INITIATE CORPORATE STOCK BUYBACK PROGRAM
                   Company to Begin Buying Shares Immediately

ORLANDO, FL., June 25, 2013 -- Red Giant Entertainment Inc. (OTCQB: REDG), an
innovative intellectual property company specializing in high-quality characters
and content for use in a variety of media and entertainment, is pleased to
announce that it will commence with a corporate buyback of its shares on the
open market immediately. The buyback program will be executed by a designated
stockbroker and executed within all rules and guidelines.

"Our management team and Board of Directors collectively believe that it is now
time for our company to begin to repurchase shares of Red Giant on the open
market," stated Benny Powell, CEO, Red Giant Entertainment Inc. "We firmly
believe in our future and business model and as such, are intent on using
available corporate funds to repurchase our shares and increase our investment
in Red Giant Entertainment."

The repurchase plan will commence immediately and is expected to be active
between six and 12 months.

Further information about Red Giant Entertainment is available on our website at
http://redgiantentertainment.com and on www.facebook.com/RedGiantEntertainment.

ABOUT RED GIANT ENTERTAINMENT INC.

Red Giant Entertainment Inc. (OTCQB: REDG) is a Nevada corporation that
specializes in intellectual property (IP) development for multiple media
platforms and transmedia propagation. The cornerstone of this development is
based around the more than three dozen online and print graphic novel properties
in various stages of production as well as the cast of thousands of characters
from those series. These properties have a readership that numbers in the
millions globally. Some of these properties are actively in development into
other media such as movies, video games, television, novels, toys, apparel,
applications, etc. through either direct production or licensing agreements.

FORWARD LOOKING STATEMENTS

This press release may contain "forward-looking statements." Any statements that
are not statements of historical fact (including but not limited to statements
containing the words "believes," "plans," "anticipates," "expects," "look
forward," "estimates" and similar expressions should be considered to be
forward-looking statements. Actual results may differ materially from those
indicated by such forward-looking statements as a result of various important
factors, to include acquisition, production, marketing, distribution,
competition with related patent, trademark and license issues involving
contractual obligations and concessions. The Company does not assume any
obligation to update any forward-looking statements to reflect events or
circumstances after the date of this press release, except as required by
applicable law. The Company files annual, quarterly and current reports, proxy
and information statements and other information with the Securities and

Exchange Commission. This press release should be read in conjunction with all
of the reports that the Company has previously filed with the Securities and
Exchange Commission for financial and other information about it. The references
to the websites http://redgiantentertainment.com and www.facebook.com have been
provided as a convenience, and the information contained on such websites is not
incorporated by reference into this press release.

Company Contact:
Red Giant Entertainment Inc.
877-904-7334

Investor Relations Contact:

Kurt Divich
Integrity Media Inc.

kurt@integrityir.com
www.IntegrityIR.com
(702) 396-1000