First Preliminary MIPCOM Sales Reported for Autograph®" TV Series
Co Production and Distribution Arranged with Planet Group Entertainment
SANTA BARBARA, CA (PRWEB) October 4, 2004 - Soleil Film, Inc. (Pink Sheets:SFLM - News) announced today that it has entered into a new co-production/distribution arrangement with Planet Group Entertainment of Paris, France. Planet Group will distribute the companys Award Winning contemporary Hollywood biography series, Autograph®." Preliminary sales figures from MIPCOM in Cannes, subject to completion, indicate sales of the series in the Middle East and France, an estimated $300,000 to $500,000 in projected revenue.
About Autograph
If you have ever wanted the chance to meet a famous Star, and get their 'autograph, and ask a few questions...this is the program for you! In each of 26 hallf-hours, the beautiful Agata Gotova meets and interviews a Star from the Hollywood and International film world or a Music Star or a TV Star, even a Professional Sports Star! Not only does she get their 'Autograph she gets a great intimate and highly personal interview. Edited with fantastic film clips, each Star is presented in a special way that opens them to the world in a whole new light. Live interview biographies presented in Autograph®" episodes include Janet Leigh (Globe Gold winning episode), Laura Linney, Robert Duvall, Michael Caine, Julian Sands, Ben Kingsley, Fayard Nicholas of the Nicholas Bros., Tim Conway, Connie Stevens, Martin Landau, Angie Everhart, Bo Derek, David Carradine, Michelle Phillips, Ruta Lee, Michael York, Prince Albert of Monaco, John McEnroe and Bjorn Borg. Other co-production projects between Planet Group and Soleil include a no host version of Autograph®" and documentary biography programs based upon the hundreds of hours of tape shot by Soleil on Hollywood and its stars. This is a great opportunity for the company, not only because of Planet Groups ability to distribute the program, but their interest in editing our raw footage at no cost to the company," said Kenneth Eade, President of Soleil.
About Soleil Film
The company is primarily involved in film production, and is currently in development of its screenplay, Say it in Russian." Other projects include the financing of 20% of Fallacy," starring John Savage and Stephen Baldwin.
Soleil Films unique strategy is based on the fact that independent films depend on financing; risk capital that is typically put up by a small group of investors. If the film is successfully made and distributed, investors usually look forward to a return within one to two years. After the film is made, success depends on a distributor investing a significant amount of money into its promotion. Soleil has taken the risk, uncertainty and time out of the equation," according to Eade. The companys business model allows investors purchase shares representing equity of the company. The film is made, and, since it is an equity investment, investors have a built in exit strategy at the moment of their investment, and their investment risk is spread out over the companys entire library. The cost of the film is booked as an asset, making it more attractive to distributors and setting a break-even book value of the film," added Eade.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those include statements regarding the intent, belief or current expectations of Soleil Film and Television, Inc., formerly AmeriDream Entertainment Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
Kristin Gabriel (Public Relations), 323.650.2838
www.autograph.tv, www.soleilfilm.com
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