Yo!
The Vidatron Group was a very different company than Vidatron Entertainment is today. VE has trimmed away the excess baggage and now only retains the profitable entities for future growth. I would say that "A NEW BEGINNING" has taken place, and VE is going to be a very credible company in the entetainment industry. Yes, it is true they gave Larry Sugar a lot. But Larry is also the one making all this possible. He brings to the table a lot of "BIG TIME PLAYERS" in the industry. Disney, Showtime, Hallmark, Pearson, Buena Vista are not the little guys in the industry. Not to mention Henry Winkler, Francis Ford Coppola, and Chris Brancato. Vidatron is trying to invest in quality productions that will have long term value and revenues. I have seen the facilities and have met with top management (excluding Tim Gamble), there is substantial growth on the way. I am aware of the wounds that Stewart has caused. But inspite of it the growth will proceed. Between April and December of this year I estimate roughly 70 million in production. Divide that up into 3 quarters/9 months that's a lot of revenue. Profits, more difficult to predict, will be up substantially too. Dead Man's Gun will be more profitable this year than last due to a better deal with MGM replacing Buena Vista. Also, the new B.C. tax credit will add substantially to profits on DMG as well as the other productions. First Wave, their potentially most lucrative to date, still needs to be sod in the U.S., to meet up to expectations.
There is much more to be said but will leave it for another time.
Stockbro |