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Post# of 54103
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Rodger90

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Rodger90

Re: None

Tuesday, 04/29/2014 3:17:27 PM

Tuesday, April 29, 2014 3:17:27 PM

Post# of 54103
The U.S. box office is just one revenue sources for movies. Storage 24 played at one theatre for one week. Storage 24 has broken even to this point. We will likely collect residual revenues from it.

Future movies made at the Studioplex will receive Georgia tax credits. With the tax credits provided by the state of Georgia, Medient will still be substantially profitable even if they only break even.
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