Santa Barbara, CA (PRWEB) July 21, 2005
Soleil Film, Inc. (OTC: SFLM.PK) announced today that its feature film, ÂAll That I Need,Â http://www.allthatineed.net/trailer/trailer.wmv
is being released nationwide on multiple screens by Regal Entertainment Group (NYSE: RGC - News) through its Regal Cinemas, United Artists Theatres and Edwards Theaters chains on November 4, 2005. Soleil Film expects to begin receiving its share of revenues as early as the second week of December. The deal, estimated to be worth approximately $3 million in gross sales over the initial one week release period, is unique, because it has been contracted directly with Regal Entertainment Group. James Hergott, Producer and Director of the film commented, ÂTheatrical releases are generally negotiated by distributors. An agreement like this completely not only defies convention but also validates our efforts in the making and marketing of the filmÂ.
Regal Entertainment Group is the largest motion picture exhibitor in the world. The Company's theatre circuit, comprising Regal Cinemas, United Artists Theatres and Edwards Theatres operates 6,273 screens in 558 locations in 40 states. Regal operates approximately 18% of all indoor screens in the United States including theatres in 43 of the top 50 U.S. markets and growing suburban markets.
ÂAll That I Need,Â a Cinema Verite feature in the genre of ÂThe Blair Witch ProjectÂ will be released in theaters in Alabama, Arizona, Nevada, California, Florida, New York and Texas from November 4, 2005 through November 10, 2005. If this release is successful, the company has an option for a further wider release with Regal. The company has already begun a media blitz, with an upcoming cover story on Hergott and the film in OC Metro, a magazine with a readership of 300,000 in Orange County, California. ÂI am ecstatic that James has pulled this off,Â said Kenneth Eade, company president. ÂA theatrical releaseÂ even a limited oneÂ adds tremendous value to a film.Â He added, ÂThis is a landmark deal for the company and as such we have committed over $1 million in prepaid radio, television and print advertising to promote this release. We also look forward to using this project to develop an ongoing relationship with Regal Entertainment for our other film projects in the future.Â
About Soleil Film, Inc.
Soleil Film 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 ÂAll That I NeedÂ, the Company has amassed an impressive media library including the award winning "Autograph" television series ( http://www.autograph.tv ), which just this week began airing on the Colours Television Network, "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.
Jason Cooper, Investor Relations
Kristin Gabriel, Public Relations
Kenneth Eade, CEO
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