(Total Views: 323)
Posted On: 04/10/2021 12:38:52 AM
Post# of 7543
HHSE ELIMINATES MIDDLE MEN; KEEPS PROFITS
C). 20th Century Fox Agreement Termination of an Agreement - on or about February 1, 2021, Hannover House informed 20th Century Fox that the sub-distribution agreement entered into as of August, 2010 for the home video and digital distribution of the movie "TWELVE," would not be renewed. The timing of this notification of termination to Fox takes into account the 6-month sell-off period allowed within the contract for disposition of inventory at the end of the ten (10) year term. HHSE plans to remarket the film to home video, streaming and television media in North America.
When you fist read this, you go oh no, termination. Understand the BUSINESS. At the time, a Deal with FOX was a savvy move. THEY brought more Sales to HHSE. HHSE no longer needs a Middle Man. HHSE Does all the Work, HHSE kees all the Profits.
HHSE (FOX + Walmart) = Cusumers
HHSE (Markets) = Consumers
Last sentence in blue is critical. HHSE plans to remarket the film to home video, streaming and television media in North America .
HHSE is doing ALL the Work. HHSE is keeping All the Profits.
HHSE ELIMINATED Middle Men (20th Century Fox + Walmart).
HHSE KEEPS ALL PROFITS!!!!
C). 20th Century Fox Agreement Termination of an Agreement - on or about February 1, 2021, Hannover House informed 20th Century Fox that the sub-distribution agreement entered into as of August, 2010 for the home video and digital distribution of the movie "TWELVE," would not be renewed. The timing of this notification of termination to Fox takes into account the 6-month sell-off period allowed within the contract for disposition of inventory at the end of the ten (10) year term. HHSE plans to remarket the film to home video, streaming and television media in North America.
When you fist read this, you go oh no, termination. Understand the BUSINESS. At the time, a Deal with FOX was a savvy move. THEY brought more Sales to HHSE. HHSE no longer needs a Middle Man. HHSE Does all the Work, HHSE kees all the Profits.
HHSE (FOX + Walmart) = Cusumers
HHSE (Markets) = Consumers
Last sentence in blue is critical. HHSE plans to remarket the film to home video, streaming and television media in North America .
HHSE is doing ALL the Work. HHSE is keeping All the Profits.
HHSE ELIMINATED Middle Men (20th Century Fox + Walmart).
HHSE KEEPS ALL PROFITS!!!!
(1)
(0)
