Soleil Film Signs Video On Demand Distribution Agreement with CinemaNow for its Award Winning "Autograph" Series
Soleil Film, Inc. announced today that it has signed a four year video on demand deal with CinemaNow, Inc., for its Autograph" TV Series, which gives the company 50% of all revenues earned by CinemaNow, a service that allows people to rent downloadable video content.
SANTA BARBARA, Calif., (PRWEB) July 19, 2005 -- Soleil Film, Inc. announced today that it has signed a four year video on demand deal with CinemaNow, Inc., for its Autograph" TV Series, which gives the company 50% of all revenues earned by CinemaNow, a service that allows people to rent downloadable video content through a pay-per-view model or download-to-own. CEO, Kenneth Eade, commented We are extremely pleased that Autograph" is catching on and we look forward to a wider distribution domestically and to its expansion internationally."
CinemaNow, one of the leading video-on-demand services in the world, was founded in 1999 with investors including Menlo Ventures, Microsoft Corp., Lions Gate Entertainment, Cisco Systems and Blockbuster . The CinemaNow library contains approximately 7,500 feature-length films, shorts, music concerts and television programs from more than 250 licensors, including 20th Century Fox, Fox, subsidiary of News Corp., ABC News, Endemol, MGM, Miramax and its parent, The Walt Disney Company, NBC Universal, Sony, Sundance Channel, Warner Bros subsidiary of Time Warner, Inc. and Lions Gate Entertainment.
"Autograph" (www.autograph.tv), starring Agata Gotova, is Soleil Films' celebrity profile series that interviews classic stars of Hollywood, who each tell their own story, with the aid of clips from their filmographies. The first season of Autograph includes exclusive in depth interviews with Janet Leigh, Ben Kinglsey, Robert Duvall, Bo Derek, Martin Landau, Michelle Phillips, David Carradine, and 15 other stars. Autograph", which has never aired in the United States, is the winner of the New York Festival's bronze medal 2002 for Best Biography Profile. Its debut episode on Janet Leigh received a Globe Gold Award from the International Media Festival in 2003. Autographs current season is now broadcast on the Colours Television Network on the Dish Network, owned by EchoStar Communications Corporation.
About Soleil Film, Inc.
Soleil Films is a diversified entertainment production company, primarily focused on driving shareholder value by investing in and producing highly original, television series and full-length feature films. Along with its equity interest in the widely anticipated, soon-to-be-release feature All That I Need", the Company has amassed an impressive media library including the award winning "Autograph" television series ( www.autograph.tv ), "Fallacy," a feature film starring John Savage and Stephen Baldwin, and "Say it In Russian," written by award winning director, Jeff Celentano (Gunshy) in collaboration with Hollywood screenwriter, Larry Gross (48 Hours), edited by David Rawlins (Urban Cowboy), and cast by Casting Director, Rosemary Welden (The Kiss.).
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 statements include statements regarding the intent, belief or current expectations of Soleil Film, 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.
FOR FURTHER INFORMATION contact:
Soleil Film, Inc.
www.soleilfilm.com
Jason Cooper, Investor Relations
(954) 467-0827
Or
Kenneth Eade, CEO
011 334 93 78 46 51 (in Cannes)
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