Plano, TX (PRWEB) October 3, 2010
Odyssey Pictures Corporation (OPIX: OTCQB) (Odyssey), a media & entertainment company, announces that its entertainment division will formally launch their new producer’s representative service business at this year’s MIPJunior and MIPCOM markets (Oct. 2 – 8). Odyssey will be representing independent film, broadcast and Internet content to international markets as well as providing completion, co-production and development financing. Odyssey’s new service will be actively engaged at both MIP markets, hosting distributors and sales agents at their hospitality suite at Hotel Palais Stephanie in Cannes.
Odyssey’s latest venture is starting out with an impressive line up of clients as well as its first international rights deal. The operation currently represents a diverse roster of independent production companies creating live action and animated content, including: Dominique Paul Mougenot Inc., ORG Studios USA, Glue Works Creative Management, All Channel Films and Foothill Entertainment. On the sales side of their business model, Odyssey has already closed its first content licensing deal with a major international company. Mobigate, a Korean-based global mobile computing software company has picked up the Korean, Japanese and Thai rights to the classic animation series “Hermie & Friends” from Glue Works Creative Management.
Odyssey has a successful history of distributing and financing major motion pictures like “Sniper,” “Wuthering Heights,” “1492, ”and “The Handmaid’s Tale.” Today, the company provides diversified professional services to global media & entertainment markets. Odyssey’s CEO John Foster has more than twenty years of senior executive experience in international film distribution, production, post production, producer’s representation and film financing.
“We are very excited to be in this new but familiar line of business,” remarked Foster. “Because of our deep background in distribution, we already have the knowledge base and the contacts to place our client’s work with important buyers around the world. We expect a strong deal flow from the MIP markets. ”
About Odyssey Pictures Corporation - Initially an entertainment company focusing on financing and distribution of first run feature films, Odyssey has adapted its business model to become a diversified media/marketing services company. The company’s lines of business now encompass branding & marketing, IPTV digital delivery technologies and producer’s representative service. Odyssey’s producer’s representative service provides an extensive suite of sales and marketing services to independent filmmakers seeking to gain traction in the international distribution and rights markets. These services include international sales, contract negotiation, marketing materials, strategic planning and completion financing. http://odysseypix.com/
Forward-Looking Statements - Certain statements contained herein are forward looking. These forward-looking statements are based on our current expectations and are subject to a number of risks, uncertainties and assumptions. Many factors could cause actual results to differ significantly from these statements, including our history of operating losses, our need for additional financing, a failure of our products to perform as expected, introduction of competing products by other companies, pressures on prices from competitors and/or customers, regulatory obstacles to new product introductions, lack of acceptance of our products and technology changes. These risks, uncertainties and assumptions are detailed in documents filed by us with the Securities and Exchange Commission. The Company cautions that the foregoing list of important factors is not exclusive. Any forward-looking statements are made as of the date of the document in which they appear. The Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.
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