Big Screen Top Executives Discuss Strategy and Growth Plan in an AudioVisual Interview With IPOdesktop
Monday, 24 November 2008 06:23
Kimberley Kates, CEO of Big Screen Entertainment Group (OTC:BSEG), said in an interview with Francis Gaskins, President of IPOdesktop.com and contributor to CNBC and Bloomberg TV, that "Big Screen Entertainment is uniquely positioned to prosper and grow in today's business climate." The strategy and growth interview is available at:
http://www.screencast.com/t/wrp4A5zSc.
Kimberley Kates was joined by senior management members David Zappone, President; Michael Manasseri, Executive Vice President; and Stephen Eckelberry, President of Production.
Big Screen is a full-service entertainment company, with divisions in film production, post production, distribution and film sales. The Company's films have been released in virtually every major outlet in the world, including Blockbuster, NetFlix and Wal Mart.
BABYSITTER WANTED
Big Screen's critically acclaimed horror film, "Babysitter Wanted," is being released theatrically in the United States early next year; Lionsgate UK is handling the overseas release. National Lampoon (AMEX:NLN) is partnering with Big Screen to create awareness in the film, especially in the college-age market, where National Lampoon has a tremendous reach.
AMERICAN FILM MARKET
BSEG also spoke about last week's American Film Market (AFM), held in Santa Monica, California. The AFM is the premier market for foreign film sales in the United States. BSEG, along with its distribution partner, The Independent Film Company, sold an impressive slate of over 60 films, films both produced in house by Big Screen, as well as by independent producers.
The AFM was the second major film market the Company has attended this year, the first being the Cannes Market in May. As with Cannes, the company sold multiple foreign territories, and took significant strides in establishing itself as a recognized player in the film distribution arena.
SALES & DISTRIBUTION
Management stressed the importance of controlling sales and distribution for its films. Typically, independent producers hire outside sales agents to secure distribution. Unfortunately, many such sales agents grossly overcharge producers for their services, leaving the producers with little, if any, revenue from distribution.
Big Screen has taken a major step in maximizing profitability by handling its own film sales. Furthermore, it has given other independent producers a safe haven in which to sell their films.
About Big Screen Entertainment Group:
http://www.bigscreenent.com
Big Screen Entertainment Group (BSEG) is a full service entertainment company designed to develop, produce, purchase, exhibit and distribute products in all media formats, including motion pictures, television, music, publishing, video games and cell phone content.
Forward-Looking Statements:
A number of statements contained in this press release and interview 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 interview, words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements.
Big Screen Entertainment Group
Rosslyn Hornsby, VP Marketing, 323-956-4321
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