|By Marketwired .||
|December 9, 2013 09:28 AM EST||
HOLLYWOOD, CA -- (Marketwired) -- 12/09/13 -- Big Screen Entertainment Group (PINKSHEETS: BSEG) has set the stage for a very productive coming year. In addition to many exciting distribution ventures, the company is in the final stages of negotiation on four new feature films totaling over $80 million for production in 2014.
At least two of these new films will be Sino/U.S. co-productions with BSEG's new Chinese partners.
"These films mark our first co-ventures with several overseas companies. BSEG has worked hard to develop key foreign relationships, and these multi-national collaborations will bring together many talented people from diverse backgrounds to create a win/win for everyone involved," said CEO Kimberley Kates.
"These deals reflect our strong position and commitment to expanding the company's reach to the international market through new productions and broad, new distribution channels."
BSEG is assembling an academy award winning U.S. production team to work with some of China's greatest talents. BSEG will be overseeing the development, physical production and domestic distribution and will be incorporating "A" list talent from both the U.S. and China to star and direct the new productions.
More information on each project will be released in the near future.
ABOUT BIG SCREEN ENTERTAINMENT -- Big Screen Entertainment (BSEG) is a leading entertainment company with a diversified presence in motion picture production and distribution, home entertainment, television, family entertainment, digital distribution and international sales.
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.
VP of Sales & Acquisitions