Hannover House sets sites on International Markets for $10-mm in Production Financing
Hannover House sets sites on International Markets for $10-mm in Production Financing
Source: Hannover House / Target Development Group, Inc.
May 16, 2012 12:41
"Cannes, France, May 16, 2012 (GLOBE NEWSWIRE) -- Financing for the original feature productions of "Mother Goose", "Shadow Vision" and "Primate" will come primarily from international pre-sales and co-production ventures, said Eric Parkinson, CEO of Hannover House, Inc. (OTC Markets: HHSE). The company expects to generate about $10-million dollars worth of presales and co-production financing support for the slate of pictures that will drive the Hannover House schedule during 2013. The highest profile title, "Mother Goose", featuring Academy Award winner Shirley MacLaine in the title role, is a live-action fantasy feature that Hannover House compares to Tim Burton's "Alice In Wonderland" in terms of art direction and commercial appeal. "Shadow Vision" is a suspense thriller, and "Primate" is a creature-feature.
"Negotiations are in play with key international buyers, said Parkinson, driven in large part by the high-profile concepts and cast attachments to these films. The cast for "Mother Goose" is expected to include at least one additional Academy Award winner, and will feature a several additional "A-level" stars in supporting and cameo roles. Hannover House is in negotiations for the hiring of a director for this film, and is expected to make an announcement during the Cannes Film Festival..." (more)
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globenewswire.com
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Jim
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