LOS ANGELES, May 30, 2013 /PRNewswire/ --
Writers' Group Film Corp. (WRIT) and its wholly-owned subsidiary Front Row Networks, Inc., a Los Angeles-based production and distribution company, have acquired all English language rights to "BRAZIL IN 3D", a cinema quality 3D stereoscopic family feature with both animation and live action. The film was produced and directed by Mariana Caltabiano in association with Globo Films, the largest media conglomerate in Brazil, and one of the four major media groups in South America. "BRAZIL IN 3D" was also distributed in Brazilian cinemas by Imagem Films, one of the top theatrical distributors in South America. The deal was negotiated on behalf of ITN Distribution Inc. by Stuart Alson.
"BRAZIL IN 3D" is a family picture whose animated main characters "Stress" and "Relax," get excited about the endless commercial possibilities of finding a rare and old mystical tree. Our main characters go in search of the fabled rare tree and end up discovering something much bigger: all of the beautiful geography and interesting culture known as Brazil. "'BRAZIL IN 3D' is a special family film that audiences will love. We are excited to get involved with the distribution of this fantastic production and believe that the film, with its high quality 3D animation will fit well within our alternative content distribution initiatives," said Eric Mitchell, President of Writers' Group.
"The company sees the acquisition of this project and its potential revenue streams as part of management's new strategic initiative, which is intended to add revenue streams in the latter part of 2013," said Mr. Mitchell.
Cautionary Note Regarding Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, but not limited to, those discussed in the Company's latest 10-Q filed February 14, 2013. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
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