Seven Arts Entertainment Inc. Announces Joint Venture With Sixteen19
LOS ANGELES, Nov. 15, 2012 /PRNewswire/ -- Seven Arts Entertainment Inc. (OTCQB: SAPX) ("Seven Arts" or the "Company") announced today that its affiliate Seven Arts Filmed Entertainment Louisiana ("SAFELA") has entered into a joint venture agreement with Sixteen19 in connection with SAFELA's production and post production facility at 807 Esplanade Avenue (the" Facility").
Kate Hoffman of Seven Arts and Pete Conlin of Sixteen19 will jointly oversee the management of the facility and in-house staff will run the day to day operation. Sixteen19's existing sales team will handle outreach to new clients.Sixteen19 New Orleans is currently handling post-production services to the acclaimed HBO series Treme, shooting on location in New Orleans and has commitments pending with clients with whom they already have a strong relationship.
The facility will offer the following services:
- Editorial suites and production office space
- Residences for artists and technical staff
- Digital dailies (daily digitally formatted footage shot during the day of production)
- Sound mixing and digital intermediate picture finishing
- Additional dialogue and music recording
Pete Conlin is currently one of two managing partners at Sixteen19, the post-production leader in data-acquired and digitally-delivered feature films and television shows. Pete has served the New York City and Hollywood post-production communities for the past 20 years. In that time he has worked on some of the largest feature film and television projects, including The Chronicles of Narnia Trilogy, The Bourne Identity series as well as over 1000 hours of programming for MTV and other Viacom properties.
Kate Hoffman, COO of Seven Arts, stated, "We are thrilled to be partnering with Pete and the extremely talented team at Sixteen19. With their sterling reputation, innovative approach to new technology, top notch and motivated sales team I couldn't imagine a more suitable partner for our first foray into post production."
Managing Partner at Sixteen19 Pete Conlin commented, "The state of Louisiana and the city of New Orleans have developed a world-class production community for both feature films and televisions series. The full-service facility at 807 Esplanade is a prime example of how the community is expanding to handle the incredible increase in production work. We look forward to working with our new partner Seven Arts, to make 807 Esplanade the preeminent production and post-production destination in New Orleans."
About Seven Arts Entertainment Inc.:
Seven Arts Entertainment Inc. is the successor to Seven Arts Pictures Plc, which was founded in 2002 as an independent motion picture production and distribution company engaged in the development, acquisition, financing, production and licensing of theatrical motion pictures for exhibition in domestic (i.e., the United States and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media, including home video and pay and free television.
Sixteen19 is a global production services company specializing in digitally acquired productions. They have offices in New York, London and Los Angeles. Their creative division has won 10 Emmy Awards for commercial and promotional editorial. They have worked on such movies as Men in Black 3, Taken 2 and Twilight: Breaking Dawn Part 1 and part 2.
Cautionary Information Regarding Forward-Looking Statements.
Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from the anticipated. The information contained in this release is as of September 27, 2012. Seven Arts assumes no obligation to update forward-looking statements contained in this release as the result of new information or future events or developments.
Seven Arts Entertainment Inc.
SOURCE Seven Arts Entertainment Inc.
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