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Posted On: 04/29/2017 5:07:22 AM
Post# of 7360
HHSE --
In addition there will be two private studios and a major studio distribution partner involved in this merger. We are already seeing theatrical releasing activities ramping up with Extraordinary mission already released and Wheres the dragon, Shockwave and Blood Feast hitting theatres in the next couple months plus Home Video and VOD so you can see the revenues really ramping up here. We have a total of 5 companies coming together here to form a formidable entity in the global media distribution market. This entity will be guided by a proven world class leadership team with many years of experience in media distribution and production. Equipped with approximately $65,000.000 from pre-existing international presales and feature film private investor commitments this will provide mid level theatrical titles for the next 2 years and high end titles as well. This is setting up to be what every penny investor dreams of and only a select few will be a part of . HHSE.......The real deal.
Quote:.
Hannover House, Inc. was established in 1993 and has grown into one of the top, specialty film distributors in North America, owning or controlling a library of more than 350 titles, and enjoying direct access to all major theatre chains and wholesale access to all major home video retailers and mass merchants. Crimson Forest Entertainment Group, Inc. was formed in 2010 as a film production company with access to financing out of China. Earlier this week, Hannover House and Crimson Forest announced plans for a corporate merger which would facilitate the receipt of significant new financing for the combined entity for new theatrical film productions, releasing costs and general operations
In addition there will be two private studios and a major studio distribution partner involved in this merger. We are already seeing theatrical releasing activities ramping up with Extraordinary mission already released and Wheres the dragon, Shockwave and Blood Feast hitting theatres in the next couple months plus Home Video and VOD so you can see the revenues really ramping up here. We have a total of 5 companies coming together here to form a formidable entity in the global media distribution market. This entity will be guided by a proven world class leadership team with many years of experience in media distribution and production. Equipped with approximately $65,000.000 from pre-existing international presales and feature film private investor commitments this will provide mid level theatrical titles for the next 2 years and high end titles as well. This is setting up to be what every penny investor dreams of and only a select few will be a part of . HHSE.......The real deal.
Quote:
This venture involves the placement of approximately sixty-five million dollars (USD $65,000,000) from pre-existing international presales and feature film private investor commitments, and will provide us with both the high-end “major” titles as well as the first two-years of the “mid-level” theatrical titles. Due to availability of State and Federal incentives and rebates on the productions, the company will also be well funded with theatrical releasing resources – as well as earning lucrative production company service fees upfront. A major studio partner will handle most of the domestic home video and V.O.D. activities (excluding VODWIZ.TV) as well as international sales through their existing distribution units in over 100 territories worldwide.
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