Hannover House Submits 2012 Release Slate and Forecasts for

New Post Public Reply Private Reply Replies (1) Message Board
LW

Hannover House Submits 2012 Release Slate and Forecasts for Corporate
Finance Opportunities

Company forecasts growth of over 100% for current year, over 2011
results.



Los Angeles, CA, May 30, 2012 (GlobeNewswire via COMTEX) -- Sales
revenues during calendar year 2012 for independent studio Hannover
House (otc markets:HHSE) will reflect the company's ongoing commitment
to the home video market, as well as new activities in presales and
licensing to international buyers, said Eric Parkinson, C.E.O. For
2012, the company has set a revenue goal of 11.7-million, with a
projected pre-tax operating margin of about 2.1-million. Titles
contributing the most towards revenues include the August theatrical
release of "Toys in the Attic," (starring Academy Award winner Forest
Whitaker) and international presales for the fall 2012 production of
"Mother Goose" (starring Academy Award winner Shirley MacLaine).

The revenue projections were released today in compliance with public
company guidelines requiring access to information that might
otherwise be considered preferential and non-public. Parkinson is
meeting with corporate financing parties in Los Angeles this week, and
will be discussing the Hannover House release slate and forecasts.

International pre-sales for "Mother Goose" and three other titles
represented worldwide by Hannover House are projected to be the
largest revenue contributors for the company during 2012. Foreign
presales and licenses are expected to generate about 43% of total
revenues, even after dividing the realization of revenues equally
between contract date and delivery. Home Video sales are expected to
generate about 36% of total 2012 revenues, and theatrical sales are
forecasted at about 18% for the year. Television licenses and book
sales are expected to generate together less than 3% of total
revenues. Not included in these forecasts are sales for merchandising
items supporting the release of "Toys in the Attic," and sales for the
upcoming launch of the VODwiz.com internet streaming portal. Both
items have been excluded from forecasts due to the lack of sales
history at Hannover House. Home video sales for "Toys in the Attic"
are expected to be recognized in January, 2013, rather than during
calendar year 2012, based on the January street date, and not the date
of manufacture and shipment (which is projected for mid-December) .

Revenues for 2013 are expected to grow significantly over 2012, based
on modest projections for "Mother Goose," and conservative forecasts
for 20 additional titles, including film output agreements with Origin
Film Partners and Allegheny Image Factory.

Hannover House has been operating since 1993, and has posted nine
consecutive quarters of profitability since becoming publicly traded
on the OTC Markets. The company's primary offices are in N.W.
Arkansas, but will expand this summer to include an ofice presence in
Los Angeles to facilitate relationships with the production community,
and corporate financing sources.

http://www.marketwatch.com/story/hannover-hou...2012-05-30

Hannover House Inc. (HHSE) Stock Research Links

HHSE Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Innovative Breaker Bar Reinvents Torque Application

Updated Category News Views 66

A Fresh Take for Do-It-Yourselfers Ever tried to budge a stubborn bolt and felt like you were arm wrestling a gorilla? This is why a Winter Garden, Florida inventor has stepped up to the plate with the "BREAK IT," an adjustable breaker bar that promises to make this grimy task much smoother. Forget the days of waving around a cumbersome cheater bar. With this gadget,...

Continue Reading
Bimbo Bakeries Teamsters Gear Up for Strike in NJ

Updated Category News Views 21

A Brewing Storm at Bimbo Bakeries The morning air in East Brunswick fills with more than just the scent of fresh bread; there’s a tension you can slice through with a butter knife. Unwavering and fired-up, over 90 workers at Bimbo Bakeries have thrown their hats into the ring, ready to strike to protect something as sacred as the dough they churn—Teamsters' health...

Continue Reading
Expedera Teams Up with Cadence for Edge AI Supercharge

Updated Category News Views 74

A New Power Couple in AI Expedera and Cadence have decided to stir up the edge AI waters with their latest collaboration. By linking Expedera's Origin™ Evolution NPU with Cadence's Tensilica NeuroEdge 130 AI Co-Processor, we're looking at a partnership that's hell-bent on redefining efficiency and performance in edge AI systems. Breaking Down the Collaboration This...

Continue Reading
Reindeer Expands With Google Cloud Marketplace Launch

Updated Category News Views 24

Reindeer Rides Google Cloud's Tailwinds Alright, folks, here's a new twist in the world of enterprise AI that's got my eyeballs popped. Reindeer, that plucky outfit from New York and Tel Aviv, has cozied up with Google Cloud in a move that's set to turn heads in the sector. Now, you might hear "agentic AI" and think it's just some fancy jargon, but this is where it gets...

Continue Reading
WSIB Slashes Registration Time with Guidewire Boost

Updated Category News Views 39

Quick Fix: Streamlining Ontario's Employer Registration Alright, let's cut through the formalities and tell it like it is: Ontario's Workplace Safety and Insurance Board (WSIB) isn't messing around anymore. They've yanked their antiquated paper-laden process into the digital age, slicing the employer registration wait down from an agonizing eight to ten-day ordeal to a...

Continue Reading
Coframe Nets $35M for AI-Driven 'Living Internet'

Updated Category News Views 23

Transforming Digital Experiences with AI If you're tired of seeing the same dull homepage every time you visit a website, Coframe's got news for you. This startup scored a hefty $35 million to fund its vision—a 'Living Internet' that learns and adapts to each visitor. Khosla Ventures and Hanabi Capital are banking on this runaway train—that's commitment to tech...

Continue Reading
Unquiet Nights' New Tune Echoes Rome's Eternal Lingering

Updated Category News Views 53

Irish Rockers Unquiet Nights Celebrate a Poignant Release Ever heard of a band that takes its darn sweet time? Well, Unquiet Nights just dropped a single after sitting on it for a solid 15 years. 'Last Days of Rome' isn’t just a new tune; it’s a love letter to both music and the eternal echoes of Rome’s history. These Belfast rockers have been crafting this piece...

Continue Reading
Honeywell Faces Investor Scrutiny: Class Action Deadline Looms

Updated Category News Views 76

Clouds Gather Over Honeywell Aerospace Sometimes the storm clouds are about as subtle as an elephant in your garden. And that's precisely what's brewing over at Honeywell Aerospace, Inc. (NASDAQ: HONA) these days. November 23, 2026, looms large as the deadline for investors to jump on board with a class action tied to alleged missteps that caught everyone off guard. The...

Continue Reading
Stocks Jump Ahead of Critical Inflation Reports

Updated Category News Views 81

Stocks Lift as Wall Street Awaits Inflation Data Every trader's favorite game—speculation—returns as major U.S. stock benchmarks kick off Monday with some gusto. The S&P 500, Nasdaq Composite, Dow Jones Industrial Average, and Russell 2000 all saw gains in the early morning session, signaling positive vibes across the board. Numbers don't lie, folks: The S&P climbed...

Continue Reading
Ridero Innovates with $2.7M to Tackle Auto Finance Woes

Updated Category News Views 74

Ridero Gets Serious About Fixing Auto Financing When you've got startups like Ridero stepping up with a $2.7 million cash infusion, you can't help but sit up and listen. These folks are charging head-on into the automotive financing jumble, and they're bringing some high-tech toys to the party. With RiverPark Ventures and a slew of other big-name backers, Ridero's dialing...

Continue Reading

Top 5 Most Recently Viewed Articles

LOBO EV Technologies Secures $1.57 Million Deal in Ukraine

Updated Category News Views 176

Introduction to LOBO EV Technologies Ltd. LOBO EV Technologies Ltd. is making waves in the smart electric mobility sector, presenting itself as a significant player in the industry of eco-friendly transportation. Recently, the company has embarked on an exciting journey with a new supply agreement that speaks volumes about its aspirations and capabilities. Recent Supply...

Continue Reading
Take-Two Interactive Votes on Leadership and Future Projects

Updated Category News Views 213

Take-Two Interactive Shareholders Confirm Leadership During a recent virtual annual meeting, shareholders of Take-Two Interactive Software Inc. (NASDAQ: TTWO) came together to discuss key proposals that will influence the company’s future direction. This year’s meeting had a strong turnout, with over 156 million shares represented, showing just how engaged the...

Continue Reading
Hertz's New Direction: Fleet Revamp Aims to Cut Losses

Updated Category News Views 872

Hertz's Strategic Shift Towards Fleet Management Hertz Technologies, a leading car rental firm, is making notable changes to its vehicle fleet as part of a comprehensive strategy to improve operational efficiency and profitability. CEO Wayne West revealed that the company has successfully divested 30,000 electric vehicles (EVs) from its fleet, as part of a planned revamp...

Continue Reading
Plug Power’s Key Role at the Global Energy Conference

Updated Category News Views 190

Plug Power's Involvement in the Global Energy Conference Plug Power Inc. (NASDAQ: PLUG), a frontrunner in hydrogen solutions for the green energy landscape, is set to take center stage at the prestigious UBS Global Energy & Utilities Conference. This notable event serves as a major avenue for industry leaders to share insights and strategies shaping the future of energy....

Continue Reading
Leading Innovations in the Open Gear Lubricant Sector Today

Updated Category News Views 122

New Insights into the Open Gear Lubricant Market The Open Gear Lubricant market is rapidly evolving, with numerous startups and small to medium enterprises (SMEs) emerging as leaders in innovation. Their contributions are crucial in enhancing equipment reliability and performance across various industries. Recently, a notable assessment evaluated these companies,...

Continue Reading