WHAT DOES PORTUGAL,SHOWBIZ.COM AND MATT have in common:
The studios, which comprise over 80 acres of state of the art production facilities, will be located in the city of
Cascais in Portugal. The facility will be designed for multiple production settings, from feature films and
commercials to multi-camera episodic television, theatrical productions and live events.
The currently budgeted $80 Million project consists of a design and build phase, an exclusive equipment supply
agreement and the supply and coordination of all services relating to the studio's completion.
Jose Luis Judas, the mayor of Cascais, commented, "We have chosen ShowbizMart.com as our partner in this
venture as they bring everything needed to create this project. Each and every facet -- from the initial construction
to the operation of the facility -- is taken care of. We will start immediately on the creation of this world-class
facility knowing that we have an experienced Hollywood partner to create our vision.
"In the monumental task of creating a truly state of the art, world-class production facility, communication and
coordination during the design and construction phases are critical. Through this agreement with
ShowbizMart.com, we bring the best of the best worldwide in a virtual meeting environment, allowing the
development team and the management personnel to communicate seamlessly."
"This is a very exciting time for the people of Portugal as well as the entire European Community. The Cinema
City Studios will pave the way for other European Community members to begin to utilize what is effectively the
Southern California of Europe for their productions. This is a dream project for all of us at Matthews Group, and
we are very excited to begin our launch," said Carlos D. DeMattos, CEO and Chairman of the Board, Matthews
Studio Group. |
