HHSE and its International Division Medallion Rel
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Posted On: 04/11/2017 8:31:38 AM
HHSE and its International Division Medallion Releasing Inc. ==
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Hannover Launches Medallion International at Active Cannes Market
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(Cannes, France) Independent film distributor Hannover House, Inc. (OTC: HHSE) reports heavy traffic to its Cannes Film Festival / Marche du Film exhibition booth, with sales activities on many of the 32 titles being showcased, including distribution ventures for the U.K., France, Spain, Italy and the Czech Republic. Additional sales negotiations are continuing post-market for anticipated sales into Germany, South Africa, South Korea, China and Poland which the company hopes to finalize in the next few weeks. The Cannes Film Festival Marche Du Film is widely regarded as the most important international film licensing market of the year. In respect of the number of program suppliers being represented, Hannover House elected to brand its international sales activities at Cannes under its Medallion Releasing, Inc. sales venture as Medallion International.
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Medallion Releasing has commenced activities for the international sales and licensing of higherend properties owned or controlled by the Company, the revenue results for which also exceed the fifteen percent (15%) threshold of total, annualized revenues. The Company does not feel that the rapidly growing sales revenues being realized from the international markets poses an unreasonable threat to operations, as sales are cumulative over multiple licensing agreements for specific territories, media and titles.
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