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godzirra

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godzirra

Re: None

Wednesday, 03/18/2015 7:58:05 PM

Wednesday, March 18, 2015 7:58:05 PM

Post# of 34405
They finally got around to posting the announcement of the joint venture between POW! Entertainment and Digital Domain on TheRealStanLee website yesterday (just 2 months after the fact). Digital Domain stock has been on a tear lately, the market value is currently around US $350 million. Hopefully this will benefit us as they get more financial flexibility. Looking through the details of the transaction, I feel that Digital Domain took over for Magic Storm Entertainment. Magic Storm was supposed to pay Pow Entertainment $300,000 upon filming of The Annihilator and Digital Domain said the are going to fund at least one project of $300,000 in the first year. Ricco partners (probably 50% owner of Magic Storm) and Digital Domain are both based in Hong Kong.

http://therealstanlee.com/#digital-domain-pow
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