Big Screen Entertainment Group and Scientifically Proven Entertainment Create Michigan Partnership
Thursday, 10 December 2009 09:30
Big Screen Entertainment Group (PINKSHEETS: BSEG) has formed a production and distribution partnership with Scientifically Proven Entertainment (SPE) and its family of studios based in Michigan and Los Angeles.
BSEG and SPE will co-produce film, television and video game projects in the state of Michigan, utilizing the Michigan Film Incentive for production, delivery and distribution. Projects will be distributed domestically through BSEG's distribution DVD/Blu-Ray label with WEA/Warner Music Group and internationally through BSEG's in-house distribution arm.
The new partnership will be overseen by BSEG Senior VP, Michael Manasseri and SPE CEO, Nathaniel "Than" McClure. McClure is a video game industry veteran, formerly of Activision where he worked on Call of Duty, one of the most profitable video game franchises in history.
SPE's CEO, McClure formed Epicenter Studios in Los Angeles with partner Bryan Jury where they developed and produced, Real Heroes - Firefighter for the Nintendo Wii console and are currently developing, Rock of the Dead.
Scientifically Proven Entertainment is currently in development in its Michigan facilities on a video game for the Microsoft Xbox360 and Sony Playstation 3 based on a very popular cable TV show.
"There's a great deal of synergy between our companies," stated BSEG CEO, Kimberley Kates. "BSEG's video game division now has a formidable partner with years of experience in the video game arena and our new Big Screen DVD/Blu-Ray label with Warner Music Group/WEA gives SPE an instant domestic distribution pipeline for feature films and television series."
"We are thrilled to partner our three development entities Scientifically Proven Entertainment in Michigan, Epicenter Studios and Floor84 Studio in Los Angeles with Big Screen Entertainment Group," said McClure. "The ability to team with a strong feature production entity like Big Screen will allow us to develop day and date releases of features and video games. This effort between our collective entities in Los Angeles and Michigan will also result in a large flow of creative and capital to all current and future employees as well as the communities we operate in."
"Our goal is to staff all productions with at least 90% Michigan residents and eventually create permanent employment opportunities for Michiganders," stated BSEG's Michael Manasseri. "Most of my family lives in Southeastern Michigan. The Michigan Film Incentive allows me to be with my family and continue to do what I love. I am appreciative of this opportunity and intend to do all I can to help Michigan become a leader in the entertainment industry."
About BSEG:
Big Screen Entertainment Group (BSEG) is a media conglomerate with divisions in film, television, music, and gaming. BSEG's films have premiered at the world's most prestigious film festivals, played at the country's largest theatrical chains and can be found in America's top retail outlets. BSEG, under its distribution banner, distributes its film library directly to buyers internationally and through Warner Music Group/WEA domestically.
Forward-Looking Statements:
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. When used in this press release, words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements.
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