Hannover House and Red Bear to Develop "Terminator 3000"
13 Agosto 2010 - 1:52AM
Marketwired
Hannover House, the entertainment distribution division of Target
Development Group, Inc. (PINKSHEETS: TDGI) (www.HannoverHouse.com),
has entered into a feature film development venture with
Vancouver-based Red Bear Entertainment, for "Terminator 3000,"
envisioned as a $70-million dollar budgeted, 3-D animated feature
film based on the characters and situations introduced in the
original "Terminator" feature. Hannover House C.E.O. Eric Parkinson
previously served as C.E.O. of Hemdale Home Video, Inc. and Hemdale
Communications, Inc., and handled the distribution of the original
"Terminator" feature.
Story details for "Terminator 3000" are being kept under close
wraps, but the writers and production team have a stated goal of
minimizing violence in order to obtain a PG-13 level of
material.
Hemdale produced and distributed director James Cameron's
original "Terminator" feature, but released the sequel rights in
1990 to Carolco, which later transferred the rights to ultimately
end up under the control of Halcyon Media. Santa Barbara based
Pacificor, LLC prevailed in the most recent auction and transfer of
rights to the franchise in January, and retains approval and
licensing authority over the proposed "Terminator 3000"
project.
Hannover House and Red Bear Entertainment will release details
of the production timing, financing and principal production
personnel later this year, in advance of a proposed January, 2011
start.
SAFE HARBOR STATEMENT This press release may contain certain
forward-looking statements within the meaning of Sections 27A &
21E of the amended Securities and Exchange Acts of 1933-34, which
are intended to be covered by the safe harbors created thereby.
Although the company believes that the assumptions underlying the
forward-looking statements contained herein are reasonable, there
can be no assurance that these statements included in this press
release will prove accurate.
For more information contact: Susannah Patton Director of
Marketing & Publicity 479-751-4500 Email:
Susannah@HannoverHouse.com
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