BEVERLY HILLS, CA, Feb 01 (MARKET WIRE) --
Empire Home Entertainment, the distribution division of Empire Film Group,
Inc. (PINKSHEETS: EFGU) ("Empire Film") (http://www.empirefilmgroup.com), has
finalized an agreement to acquire the USA distribution rights for both the
EliteEntertainment and the Focusfilm libraries, collectively representing more
than
60 feature film and DVD multi-pack items. Empire will commence marketing and
distribution of both libraries in April, and predicts strong retailer support.
"These two libraries are a significant acquisition for Empire and our
growing
position as a leading, independent studio," said Eric Parkinson, CEO of Empire
Home
Entertainment. "There are numerous commercially strong and proven titles in
these two libraries that will deliver significant revenues for us in the coming
years. We are pursuing several other large film libraries as part of our
mandate to quickly build Empire's stature in the industry."
"We are building Empire Film Group by combining the commercial appeal of our
major, theatrical productions with the strong revenue base to be realized
from these multi title film libraries," said Dean Hamilton Bornstein, CEO of
parent company Empire Film Group, Inc. "With these new titles from Elite and
Focusfilm added to our existing properties from Empire and Hannover House, we
now own or control over 170 titles, making Empire the fastest growing
independent studio in years."
Some of the titles from Elite and Focusfilm include the acclaimed
Christopher
Walken sci-fi thriller, "Communion," "The Howling 3" and "Boggy Creek II: The
Legend Continues," which is the sequel to "The Legend of Boggy Creek" which
sold nearly 2-million videos in the U.S. market. New release titles that
will debut on DVD under the Empire venture include the sci-fi thriller "Devil
Girl," the television series boxed set "Dark Dreamers" and "The Dr. Jekyll and
Mr. Hyde Rock 'N Roll Musical." Other library items include best-selling genre
multi-packs such as "Masterworks of German Cinema" 3-pack which includes
"Nosferatu,"
"The Cabinet of Dr. Caligari" and "The Golem" and other value-priced,
multi-DVD pack configurations that have become one of the top-selling DVD
formats for mass merchants. Empire will pursue placement of most items with
its key accounts, including Wal-Mart, Best Buy, Target and numerous other DVD
retail chains and internet sellers.
The library acquisition venture was negotiated between Vini Bancalari,
President of
both Elite Entertainment, Inc. and Focusfilm, with Empire Home Entertainment
CEO Eric Parkinson.
About Empire Film Group, Inc.
Empire Film Group, Inc. ("EFG") is a new independent film finance,
production, and
distribution company led by a management team with over 20 years of
experience in development, production, distribution, finance and marketing of
feature films and television programming. Through its acquisition of Truman
Press, Inc., d/b/a "Hannover House," Empire is also a fully integrated
film, DVD and book distributor, with sales relationships for placement of
products into
all major USA retail chains.
Learn more about Empire Film Group by visiting www.empirefilmgroup.com
Contact:
Eric Parkinson
818-481-5277
email: Email Contact
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