LOS ANGELES, April 19, 2012 /PRNewswire/ -- Writers Group Film Corp. (OTCQB:WRIT) and its wholly-owned subsidiary Front Row Networks, Inc., a Los Angeles-based concert production and distribution company, has entered into an agreement with Altive Media, a British marketing and distribution company to theatrically distribute Front Row Networks 3D concert projects. Front Row Networks will finance all production costs of its 3D concert content, while Altive Media will market and distribute Front Row's product throughout cinemas in the U.K and Ireland.
Altive Media is a London based alternative content distribution company, which acquires and distributes live and pre-recorded events in 2D and 3D into cinemas. The founders have a combined 30 years of experience in the UK and International Film and Cinema Industry. Craig Shurn, the Managing Director at Altive, was previously the booking director at Odeon and UCI Cinemas, Vice President of Sony Pictures Entertainment, and part of the management team who successfully sold Odeon Cinemas to the private equity group Terra Firma.
"Alternative Content" is a growing business within the cinema world, which was brought about by the move from film to digital technologies. By showing alternative content in cinemas, content owners and performing artists have the ability to widen their audience further than traditional methods, while giving customers more choice and more opportunities to view and experience an event. For many customers a cinema seat could be the 'best seat in the house'.
"Front Row Networks is extremely innovative and at the forefront of 3D Alternative Content. Their relationships in the music world are second to none and Altive Media is very excited to be their distribution partner in the UK and Ireland. We look forward to be working with John and his team at Front Row Networks on their world class productions" - Craig Shurn, Managing Director at Altive.
The announcement of the agreement adds another potential high-profile distribution partner to Front Row's growing network of content distribution partners. "Altive Media is the ideal theatrical partner for us in the United Kingdom, its management has long-standing relationships with multiple theater chains in the UK, and the company has real experience in distributing alternative theatrical content in the territory. We look forward to what promises to be a prosperous future together," said John Diaz CEO of Front Row Networks.
Cautionary Note Regarding Forward-Looking Statements
Statements in this press release regarding the company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. The company wishes to caution readers not to place undue reliance on such forward-looking statements and as such, speak only as of the date made. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, but not limited to, those discussed in the Company's latest 10-Q filed February 14, 2012.
SOURCE Writers' Group Film Corp.