EFFINGHAM, GA--(Marketwired - Jul 31, 2013) - Medient Studios, Inc. (
In addition to Atlas' expertise in worldwide entertainment licensing, its large client-base of US and International film distributors and content producers and its access to various investment groups and financing sources globally, the combined entity will benefit from the film production and post production infrastructure at the Medient Studioplex at Effingham.
"Atlas is a specialist in the exploitation of action, horror and related genres and is a wonderful strategic fit for Medient given our focus on these genres as the core output from the Studioplex," said Manu Kumaran, Chairman of Medient. "With Atlas by our side we can provide the opportunity to green light quality projects without having to raise external capital," he added.
Philipp Menz, President of Atlas, commented, "Having known Manu and the Medient team for some time now, it is truly extraordinary to have seen the Studioplex vision take massive steps to become reality. On behalf of my fellow owners and I and all the employees of Atlas, we are honored and excited to be part of such an industry-changing company."
Kumaran added, "We will continue to add strategic elements to our company to create a vertically integrated 'insourced' content creation company."
The Company will unveil the movie production slate for 2014 shortly.
About Atlas International (www.atlasfilm.com)
Atlas international Film GmbH was founded in 1967 and is one of the oldest independents in the international film licensing business, with more than 46 years of experience under its belt. The portfolio of atlas represents more than 100 producers from all over the world, for which the company has signed over 12,000 license deals so far. With a team of seasoned industry executives, atlas international arranges production financing, provides worldwide sales, marketing and distribution services and structures co-productions for theatrical and television product.
About Medient (www.medient.com)
Medient Studios, Inc. (
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