Beth
Jun 29th, 2005, 06:59 PM
Seven Arts forecasts bumper sales
Wed 29 Jun 2005
LONDON (SHARECAST) - Film production and distribution firm Seven Arts Pictures expects significant uplift in this year’s results.
Seven Arts has forecast sales of about $2.75m for the six months to March 2005, following the reverse takeover of Cabouchon and said revenues in the current year to March 2006 will be in the region of $16m.
The company added that it has concluded an agreement with New Line Home Entertainment, a division of Time Warner, for the US and Canadian distribution of 'Popstar,' a film starring Aaron Carter.
Chairman Peter Hoffman said, “We are already in discussions with regards to numerous other projects with New Line and I believe this will be the start of a long and mutually lucrative relationship”.
Credit: 2StarStruck@comcast.net from Carter Factor
http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=502146
Wed 29 Jun 2005
LONDON (SHARECAST) - Film production and distribution firm Seven Arts Pictures expects significant uplift in this year’s results.
Seven Arts has forecast sales of about $2.75m for the six months to March 2005, following the reverse takeover of Cabouchon and said revenues in the current year to March 2006 will be in the region of $16m.
The company added that it has concluded an agreement with New Line Home Entertainment, a division of Time Warner, for the US and Canadian distribution of 'Popstar,' a film starring Aaron Carter.
Chairman Peter Hoffman said, “We are already in discussions with regards to numerous other projects with New Line and I believe this will be the start of a long and mutually lucrative relationship”.
Credit: 2StarStruck@comcast.net from Carter Factor
http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=502146