Breaking News: The Movie Studio Inc. Announces Strategic Partnership and Joint Venture With Wonderfilm for Asset Alignment, Co-Production and Acquisition of Two Intellectual Properties | Financial Buzz

Breaking News: The Movie Studio Inc. Announces Strategic Partnership and Joint Venture With Wonderfilm for Asset Alignment, Co-Production and Acquisition of Two Intellectual Properties

The Movie Studio, Inc. (OTC: MVESwww.themoviestudio.com proudly announces a Strategic Partnership and Joint Venture with Wonderfilm Media Corporation (OTC: WDRFF) (TSX-V: WNDR) www.wonderfilm.com to align the mutually beneficial assets and associations between the publicly traded Companies.

The performance covenants between the entities specifically focuses on “Above the Line” production and distribution services and associations from Wonderfilm in regard to The Movie Studio’s current intellectual properties as well as the additions of additional intellectual properties owned or controlled by Wonderfilm or its principals during the term of the agreement.

In addition, the agreement cumulates the Companies associations, relationships and branding between the entities while leveraging the strengths of the principal’s functions to facilitate the production, acquisitions branding and distribution of the Companies motion picture content on multiple platforms including domestic, foreign and video on demand (VOD) platforms.

Upon successful application of the Above the line services and owned and acquired intellectual properties the Strategic Partnership and Joint Venture accelerates development of the infrastructure of The Movie Studios owned intellectual properties and acquired intellectual properties from Wonderfilm and utilizes both Companies’ unique and synergistic business models strengthening worldwide distribution pre-sale and negative pick-ups of the Co-Produced feature films.

The Strategic Partnership and Joint Venture between the Companies performance covenants(s) augments and combines substantial talent associations between the entities and combines substantial production value for application to principal photography of the motion pictures while significant reducing duplicitous capital expenditures (CAP-X).

“We are extremely excited about the alliance with Wonderfilm, its principals, assets and alignment that synchronize perfectly with our motion picture disruptive ideology that could translate to substantial accelerated value of jointly developed motion picture intellectual properties and acquisition targets while retaining greater shareholder equity and potential substantial residual value,” Gordon Scott Venters announced today.

“The Movie Studio is an exciting venture that broadens Wonderfilm’s feature film IP and adds significantly to the Company’s main film production business,” said Kirk Shaw, CEO of Wonderfilm Media. “In addition to talented people, The Movie Studio has great projects in development that we look forward to merging with Wonderfilm’s expertise and production slate. This exciting partnership brings new opportunities for both companies to broaden films and series production which we expect to further expand revenue and shareholder returns.”

ABOUT WONDERFILM MEDIA

Wonderfilm is a leading publicly traded (TSX Venture Exchange) entertainment company with production offices in Los Angeles, corporate offices in Vancouver BC and its Asian distribution office in Seoul, South Korea. Founded by 4 producers, Kirk Shaw, Daniel Grodnik, Jeff Bowler and Bret Saxon, the Company’s core business is producing market-driven independent feature films and quality television series for multi-platform global exploitation. Current productions include the feature films, Moose (starring John Travolta) and Primal (starring Nicolas Cage.) Wonderfilm is a producer and distributor only for the projects disclosed. The legal ownership of movie productions are held in a special purpose legal entity held at arm’s length to the Company to facilitate for the qualification of various levels of domestic and foreign government tax credit incentives that are customary in the film and production business.

ABOUT KIRK SHAW

Over his 30-year career, Kirk’s producer credits exceed 230 movies and six series making him Hollywood’s second most prolific film producer in history. Best known for his business and financing prowess, Kirk has contributed his talents to both U.S. television series and feature films, including the Oscar winning, “The Hurt Locker.” Kirk’s worked with all major studios, plus many notable “A” list stars such as Charlize Theron, John Travolta, Woody Harrelson, Kim Basinger, John Cusack, Ray Liotta, Nicolas Cage, Thomas Jane and Cuba Gooding Jr. Among his many past successes, is the creation of Canada’s largest production company, Insight Film Studios, which in 2007 and 08 did $100 million consolidated revenue each year. To jump-start Wonderfilm’ s production acquisitions and library exploitation, Kirk vended 46 completed movies into Wonderfilm.

About the Movie Studio: The Movie Studio, Inc. operates as a vertically integrated motion picture production and distribution company. It acquires, develops, produces, and distributes independent motion picture content for worldwide consumption in theatrical, video on demand, foreign sales, and on various media devices. The Movie Studio, Inc. is disrupting traditional media content delivery systems with its digital business model of motion picture distribution and intends direct server access of its content with geo- fractured territories for worldwide distribution. The company was formerly known as Destination Television, Inc. and changed its name to The Movie Studio, Inc. in November 2012. The Movie Studio, Inc. was founded in 1961 and is headquartered in Fort Lauderdale, Florida.

Sponsored Content Release. Click for Full Disclosure

1 Comment
  • Sponsored Content Release

    FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

    Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the ‘Site’) is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform. For The Wonderfilm Media Corporation financial and corporate news dissemination, FinancialBuzz.com has been compensated five thousand dollars by the company. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the editorial or Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use, please visit: http://www.financialbuzz.com .