WRIT REVENUE PROJECTIONZZZ NEWZZZ Writer's Group Film

New Post Public Reply Private Reply Replies (0) Message Board
Compensated Post
shakerzzz

WRIT >> REVENUE PROJECTIONZZZ NEWZZZ

Writer's Group Film Corp. Announces Projected Revenues For Acquired Family Product

2013-06-03 06:51 ET - News Release


LOS ANGELES, June 3, 2013 /PRNewswire/ -- Writers' Group Film Corp. (OTCQB: WRIT) and its wholly-owned subsidiary Front Row Networks, Inc., a Los Angeles-based production and distribution company, announced its projected revenue estimates for its acquired family feature "BRAZIL IN 3D." Recently Writers' Group acquired English-language rights to this 3D family feature, produced with both animation and live action. The Company is actively pursuing other finished family entertainment product that is being offered in the marketplace, and that fits within its new strategic initiatives.

In order to distribute "BRAZIL IN 3D" in the licensed territory, the Company must first incur the time and expense of dubbing the entire film. In this case, "dubbing" refers to the substitution of the voices of the actors shown on the screen speaking Portuguese, by those of different performers speaking in English language. In addition, other expenses include the creation or conversion of marketing materials into English language. The Company estimates this process will take 60-90 days.

"Through our various distribution arrangements, Writers' Group is well positioned to distribute this project via the following distribution windows: theatrical, television, home video, video-on-demand, mobile applications and online streaming. We believe the story line of "BRAZIL IN 3D" also lends itself to educational and travel-related content channels and we intend to leverage these avenues," said Eric Mitchell, President of Writers' Group.

With these various distribution windows in mind, the Company estimates, based on third party sales projections and current circumstances in the industry, that the project will generate $500,000 in net revenues from TV and other sales in the 4th quarter of 2013, and then continue to generate revenues over the next 3-5 years from the sales generated by the video-on-demand and mobile platforms. Additionally, the project was acquired with the intent of Management to purchase and/or co-produce additional 3D animated and live family content that would supplement and enhance the revenues of "BRAZIL IN 3D" and in essence create a series of family and travel related content.

Companies:  WRIT GRP FILM CORP(http://finance.yahoo.com/q/h?s=WRIT) , FRONT ROW NETWORKS (http://frnetworks.com/)

Cautionary Note Regarding Forward-Looking Statements

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements.Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, but not limited to, those discussed in the Company's latest 10-Q filed February 14, 2013. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

CONTACT:   
Front Row Networks
Rebecca Bieker
Phone: 310.461.3737
info@frnetworks.com
Website: www.FRNetworks.com

SOURCE Writers' Group Film Corp.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

VeriSilicon's GLTiny: Game-Changer for Wearable Tech

Updated Category News Views 58

Revolutionizing Wearable Graphics with GLTiny There's a fresh breeze blowing through the world of wearable tech, and VeriSilicon's GLTiny seems to be at the heart of it. When the silicon giant out of Shanghai tossed GLTiny into the mix, it wasn't just throwing another chip on the barbie. Oh no, this is a real pivot towards juicing up those smart gadgets strapped to your...

Continue Reading
Factory-Built Homes Take Center Stage in New Doc Short

Updated Category News Views 109

Housing is one of those things we all think we understand until we start peeling back the layers of its history, especially when factory-built homes are involved. Here's a new angle: Clayton has just released the teaser for their documentary short, "Built: A Story of Factory-Built Housing in America," and it's turning the lights on a sector that's often left in the...

Continue Reading
Guidewire's 2026 Awards Highlight AI in Insurance Shift

Updated Category News Views 44

AI Takes Center Stage at Guidewire's Annual Gala Change is constant, but when it comes with a potent mix of AI and insurance, you know things are about to get interesting. Guidewire Software (NYSE: GWRE) is tipping its hat to Beazley, Definity, and RCIS, the standouts at its annual Innovation Awards. Held during their CONNECTIONS Conference in Las Vegas, this year's...

Continue Reading
UPM's WISA Group Demerger: A Strategic Shift

Updated Category News Views 136

UPM's Bold Move on the Chessboard In a market that's no stranger to seismic tremors, UPM's decision to move forward with the partial demerger of its Kymmene Corporation is something that raises a few eyebrows. But hey, isn't shaking things up half the fun in this business? The Finnish Financial Supervisory Authority giving a thumbs-up to the supplement listing for WISA...

Continue Reading
Markel Stays the Course: Solid Q3 Results in 2026

Updated Category News Views 152

Markel Group's Steady Climb Doesn't Falter Diving right into it, Markel Group's latest figures prove they're not just treading water. The insurance giant, trading under NYSE:MKL, reported solid third quarter results for 2026. And while some numbers might not be breaking records, they sure paint a picture of a company that's weathering the market with some grit. The...

Continue Reading
United Imaging Surges with 19.43% Revenue Growth in 2026

Updated Category News Views 0

United Imaging's Remarkable Revenue Surge Coming out of Shanghai, we've got some major numbers to chew on. United Imaging Healthcare (688271.SH)—this isn't your run-of-the-mill medical tech firm—is bringing some serious heat to the market with a 19.43% bump in revenue. We're talking RMB 10.58 billion raked in over just the first nine months of 2026. Those are hefty...

Continue Reading
Beta Bionics: Investors on Edge, Legal Moves Underway

Updated Category News Views 73

A Tumultuous Time for Beta Bionics Investors Trouble's brewing for those holding Beta Bionics, Inc. (NASDAQ: BBNX) shares. This isn't just market jitters—it's a full-blown legal tussle. The shareholder-rights law honchos at Johnson Fistel are sounding the alarms, and investors better heed their call before the clock strikes November 3, 2026. There's a class action...

Continue Reading
2026 Data Integration Stars: User Sentiments Revealed

Updated Category News Views 65

Users Crown Data Integration Champions Right out of the gate, let's make one thing clear: when you're picking a data integration solution, you're essentially hitching your wagon to a vendor. This partnership, like any, can make or break your operations, and no one knows this better than the folks who've been through the trenches. Enter Infotech's 2026 Emotional Footprint...

Continue Reading
MGM China Hits Record Highs Amid Market Challenges

Updated Category News Views 59

Highs Amid Headwinds: MGM China's Standout Quarter Rolling into one's portfolio, MGM China isn't just coasting along—it's smashing some records, despite fierce headwinds. It's not all smooth sailing in Macau's gaming scene, but MGM China has hammered out its third-quarter results with gusto, setting new records for revenue and adjusted EBITDA. These folks aren't just...

Continue Reading
Data Breach at Lumara Bio: Privacy Lawsuits Loom

Updated Category News Views 206

Another Day, Another Data Breach It seems like you can’t throw a stone without hitting a data breach these days—and this time, it’s Lumara Bio USA’s turn under the spotlight. The Princeton-based oncology therapeutics outfit, part of Germany’s ITM Isotope Technologies, spilled some beans it never meant to. We're talking some pretty sensitive stuff here, folks....

Continue Reading
=2">More News Articles