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 Submits 2012 Release Slate and Forecasts for
Top 10 Most Recent News Articles
Hydrogen Mobility Gains Steam: Industry & Policy Unite
The winds are changing, and this time, it's hydrogen that's blowing into town. Europe may just be on the brink of a major trucking overhaul, driven by a concoction of industry giants and supportive policies. The stage is set for hydrogen trucks to roll out by 2030, aiming to gut traditional fuel options and stack the odds in favor of zero-emission transport. Can you smell...
Continue Reading
G20's Bold Move: Main Street Meets Wall Street
An Unexpected Invitation to the Elite Table You'd think a community bank from Oklahoma crashing a party of international finance heavyweights sounds odd, but that's exactly how the G20 threw down this year. Holding the reins, the U.S. took a swing at something different. Secretary of the Treasury Scott Bessent rolled out the red carpet for private-sector leaders,...
Continue Reading
Tolnai Joins UPCEA Leaders Pioneering Credential Innovations
The Future of Education Shaped Today There's a profound shift happening in higher education, and it's not the usual undergrad grind most folks think of. Cate Tolnai, stepping into her role at the University of Phoenix, is in the thick of it. She's set to join the UPCEA Council for Credential Innovation's leadership team, and that isn't some fluff title. Her appointment...
Continue Reading
Singlewire's Alert Badge Wins Vision Award in 2026
A Badge That Reshapes Communication Safety You might think a simple badge wouldn't earn much fanfare, but here we are — the InformaCast Wearable Alert Badge from Singlewire Software has snagged a prestigious spot at FacilitiesNet's 2026 Vision Awards. What makes this badge special? Well, it's not just a bauble to pin on your lapel; it's a deceptively simple yet powerful...
Continue Reading
Replay Sports Cards Expands to Greenville With New Franchise
An Old Hobby Gets New Life in Greenville Isn't it something when a hobby from your childhood eventually morphs into a business venture? That's exactly what's happening in Greenville, North Carolina, where Replay Sports Cards is laying down roots. Thanks to Jim and Jake Whitehurst's fresh franchise agreement, the card community along the eastern seaboard is about to have a...
Continue Reading
Scientel Solutions Connects North Central Athletes on Road
Boosting Connectivity for Student-Athletes Here's a nugget that slips under the radar unless you're looking with both eyes open: Scientel Solutions, from Aurora, Illinois, is shaking up the connectivity game for North Central College's athletic department. These folks have realized something many don't quite grasp—keeping student-athletes connected is no luxury; it's...
Continue Reading
Codoxo Snags 2026 Award for AI Payment Innovation
Revolutionizing Healthcare Payment with AI Ah, healthcare and payments—two things that can make even the most patient folks lose their cool. But here comes Codoxo, shaking up this landscape with its Point Zero Payment Integrity solution, and someone's finally giving them the nod they deserve. For those of us who have been in the game for a while, this announcement is...
Continue Reading
Max Stock Expands with Strategic Logistics Center
Expansion in Full Swing In a move that might get tongues wagging in the boardrooms across Israel, Max Stock Limited (TASE: MAXO) just signed a hefty lease for a logistics center in Ofakim. This isn't just a modest expansion—it's a jaw-dropper at about 45,000 square meters. We're talking about a major upgrade that'll beef up their logistical backbone as they continue...
Continue Reading
MemoryDriver Relaunches with Navigation Challenge
MemoryDriver's Relight: A Blazing New Course in Brain Health Look at this: Evon Medics is back with a bang, and they're handing us more than just another mind-numbing app update. On September 15, they're flipping the switch on MemoryDriver, their revamped brain-training gig, with a national 'Beat the Clock' Challenge. It’s up for grabs, totally free, and full of...
Continue Reading
Check Point Shareholders Back 2026 AGM Proposals
Shareholder Endorsement Solidifies Check Point's Strategy Today, Check Point Software Technologies had a bit of a celebratory mood. Their stakeholders, it seems, aren't just riding the wave; they're all in. You could almost hear the cheers from Redwood City when those shareholder voting results flashed across the board. Some 81.2 million shares—encompassing about 79.52%...
Continue ReadingTop 5 Most Recently Viewed Articles
Key Economic Indicators to Shift Market Trends Ahead
Back in 2024, traders were already on edge as they prepared for critical economic data that would shape the landscape. The week kicked off with a focus on the Chicago Purchasing Managers' Index (PMI), set to drop. Expectations hovered around 46.1, holding steady with no signs of life—a level where any slip below could mean big trouble for market sentiment. Chicago PMI:...
Continue Reading
Northfield Park Racino Boosts Tech for Slot Insights
Boosting Performance with Advanced Analytics You ever feel like the house always wins? Well, guess what? The odds are looking a bit spicier with Northfield Park Racino's move to push their gaming experience with Tangam's shiny SODA platform. These guys aren't just spinning reels and hoping for the best; they're diving headfirst into the data pool. Kevin Brady, the man...
Continue Reading
Edison International Investors Alert: Join Class Action Claims Now
Edison International Investors Alert: Join Class Action Claims The Rosen Law Firm, a prominent global investor rights law firm, has launched an investigation into potential securities claims for shareholders of Edison International (NYSE: EIX). This investigation stems from serious allegations that Edison may have provided materially misleading business information to the...
Continue Reading
Revolutionizing Dairy Alternatives: Violife's Bold New Path
Introducing a New Era of Dairy Alternatives In an era where food choices define lifestyles, Violife has taken a bold step forward by collaborating with Bozoma Saint John, a cultural icon known for breaking boundaries. Their partnership promises to redefine what it means to eat without sacrifice, focusing on excellence over mediocrity. Emphasizing Authentic Living Bozoma's...
Continue Reading
Broadwind's Impressive Financial Growth in Q3 Revealed
Broadwind Reports Strong Third Quarter Growth Broadwind (NASDAQ: BWEN), a recognized name in precision manufacturing, has recently shared its impressive results for the third quarter of the year. The company specializes in providing innovative solutions and advanced components across a variety of industries. This quarter, Broadwind demonstrated significant financial...
Continue Reading