CCN Disclosure - eNblast Signs Three-Motion Picture Deal
eNblast Inks Three-Motion Picture Deal With Tsunami Entertainment
526 words, English
TORONTO, ONTARIO - Media Financing Group (MFG), a wholly-owned
division of eNblast productions inc. (CDNX:YNR) is pleased to
announce that it has signed a deal with Tsunami Entertainment to
provide a full range of business affairs and production financing
services for a minimum of Tsunami's next three motion pictures.
MFG, was launched earlier this year, and is being headed by Jeff
Haire. Prior to joining eNblast, Mr. Haire owned an independent
consulting company providing services to industry clients that
included Alliance Atlantis Communications, Arto-pelli Motion
Pictures, and Sarrazin Couture Entertainment.
Tsunami was founded in 1999 by film industry veterans Ken Nakamura
and Mark Burman. Its headquarters are in Toronto with a satellite
office in Los Angeles. The company produced "The Spreading
Ground" starring Dennis Hopper in 1999, which was filmed and
posted in and around Toronto. Tsunami just completed filming
"Wrong Number" in Montreal starring Eric Roberts and Brigitte
Bako. The film is in post-production in Toronto at a facility owned and
operated by Tsunami.
"We have been working with Jeff on our current film, and his
business affairs expertise, combined with eNblast's infrastructure
and financial backing, will make MFG the most competitive company
of its type in this industry," says Mr. Burman.
Three Tsunami motion pictures slated for production in 2001
include "Amnesia", a thriller to be directed by Canadian Jason
Priestley (of Beverly Hills 90210 fame), "Tripwire" starring Andy
Garcia and to be directed by Canadian Saul Rubinek (seen most
recently as Donnie on the hit sitcom Frasier), and "Seabreeze", an
outstanding script, and a film being structured as a
Canada-U.K.-Germany co-production. MFG will help complete the
financing, administer tax credits, secure distribution and interim
financing, and close the bank deals for all three of these Tsunami films.
Mr. Haire says, "We're looking forward to working very closely
with Tsunami on all of their films. We'll help keep them in
production, and keep their overhead low. That's our ultimate goal
for all of our clients: lower costs, higher returns."
About eNblast productions inc.
eNblast is in the Entertainment industry, with an approach that
creates strong revenue growth by combining elements of traditional
television businesses with New Media undertakings; creating
television programming with an Internet presence.
eNblast has three divisions:
Television Production: This division is spearheaded by Richard
Borchiver and Mark Terry both of whom have proven credits for
producing quality programming. eNblast is at various stages of
creating and licensing TV shows to broadcasters in Canada and the United
Digital: Production of content for web sites will prove to be
eNblast's most profitable and dynamic division. The production
team will produce a package of diverse video content including
AGM's, conference videos, corporate newsletters and interactive programming.
Financial Services: Providing access to public and private sector
funding, tax credits, and interim financing.