Earthworks Entertainment Expands Its Horizons in a Variety of Ways in Partnership with Raging Bull Entertainment
Tue Dec 2, 2008 9:00am EST
ADDISON, Texas--(Business Wire)--
Earthworks Entertainment, Inc. (Pink Sheets: EWKE), announced that it has signed
a partnership agreement with Joe Isgro’s Los Angeles based Raging Bull
Entertainment, Inc. Co-producing films with Raging Bull, Steven M. Berez’s
Monarch Productions with Scott Storch musical scores will quickly position
Earthworks Entertainment as a major player in the film industry.
Raging Bull Entertainment has many credits in its portfolio. The company
produced “The Jimmy Hoffa Story” starring Jack Nicholson and recently announced
production plans for “Escobar” (an Oliver Stone movie) and the story of Charles
“Lucky” Luciano, which is co-produced with Steven M. Berez’s Monarch Productions
and music by the legendary Scott Storch, whose credits include productions of
Beyonce, Christina Aguilera and Jaz-Z.
Earthworks Entertainment’s CEO Steven Humphries said, “Teaming up with Raging
Bull, Monarch and Storch positions Earthworks Entertainment alongside high
visibility players within the film industry. We’ve already started on several
projects, which will soon be announced.”
“We are very pleased to have Earthworks as our partner and look forward to
working with Steve in the production of quality motion pictures. Our team will
contribute greatly to the partnership, assuring the success of Earthworks in the
film business,” said Raging Bull Entertainment’s CEO Joseph Khouri.
The Agreement makes Raging Bull an equity partner in Earthworks and provides for
the development of several films during the next 12 months.
The statements contained in this press release that are not historical facts are
forward-looking statements within the meaning of Section 21E of the Securities
Exchange Act of 1934 (“the Securities Act”), as amended and the Private
Securities Litigation Reform Act of 1995. Such forward-looking statements may be
identified by, among other things, the use of forward-looking terminology such
as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the
negative thereof or other variations thereon or comparable terminology, or by
discussions of strategy that involve risks and uncertainties. In particular, our
statements regarding the anticipated growth of the company from our subsidiary
divisions, the anticipated longer-term growth of our business, and the timing of
the projects and trends in future operating performance are examples of such
forward-looking statements. The forward-looking statements include risks and
uncertainties, including, but not limited to, the timing of revenues due to the
uncertainty of market acceptance and other factors, including general economic
conditions, not within our control. The factors discussed herein and expressed
from time to time in our filings with the Securities and Exchange Commission
could cause actual results to be materially different from those expressed in or
implied by such statements. The forward-looking statements are made only as of
the date of this filing and we undertake no obligation to publicly update such
forward-looking statements to reflect subsequent events or circumstances.
Earthworks Entertainment, Inc.
Tom Derby, 877-381-5720
Copyright Business Wire 2008
