All Channel Films to Harvest V.O.D. Revenues for Hannover House
ACCESSWIRE 3/13/2014 -- 1:24 PM -- Hannover House
"Los Angeles, CA / ACCESSWIRE / March 13, 2014 / Hannover House, Inc. (OTC: HHSE), a leading independent distributor of films, books and entertainment products, has entered into a twelve picture agreement for video-on-demand (VOD) sales with Los Angeles-based All Channel Films, Inc. The sales representation agreement covers all USA transactional and "non-subscription" VOD, with I-Tunes, VUDU and VODwiz as excluded accounts from the transaction. Key customers that will be represented by All Channel under the venture include HULU, Vubiquity, TVN, In-Demand and Amazon.
"We have enjoyed a long and beneficial relationship with Seth Kittay and All Channel Films over the years," said Fred Shefte, President of Hannover House. "The broad customer reach that they can provide will dramatically increase the VOD revenues for each of the Hannover House titles under the agreement, as has been evidenced by recent results with our titles," he concluded.
All Channel Films has represented video-on-demand placements for a handful of earlier, Hannover House releases, but until now, there was no formal agreement and long-term output venture in place. VOD revenues generated through All Channel films of the Hannover House title, "Turtle: The Incredible Journey" have already exceeded $120,000, said Shefte, which is why he feels that key titles could enjoy comparable revenues under this agreement..." (much more)
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