December 16th, 2020
Company intends to build a leading film and television distribution company
West Hollywood, CA, December 16, 2020– Broadside Enterprises, Inc. (OTC:BRSE) ("Broadside" or the "Company") has acquired 100% of the membership interests in MonteCristo International Entertainment, LLC ("MCI") (www.montecristoentertainment.com) as of December 11, 2020.
MCI is one of the leading boutique film sales agents with a library of over 100 feature films, and attends major and specialty film markets throughout the year, including the Berlin Film Festival, the Marché du Film in Cannes and the American Film Market in Los Angeles. It is currently attending Ventana Sur, a Latin American film market.
As part of the transaction, Michael Taverna will become CEO of the Company and Cindy Nelson-Mullen will take the position of COO. Christopher Petzel will remain as Chairman. All three executives will serve on the Company’s board of directors.
Mr. Taverna founded MCI in 2005 and is responsible for developing and packaging film and television projects for the Company. He has written, directed, produced and distributed a host of notable films. These include MANAGUA with Academy Award Winner Louis Gossett Jr, and BY THE SWORD with Academy Award winning actor F. Murray Abraham, and most recently APARTMENT 1303-3D with Mischa Barton and Rebecca De Mornay. He has been involved in the distribution in a number of highly acclaimed horror pictures including The Ring, The Grudge and Dark Water.
"After 15 years of attending all markets and most festivals, and reaching over 100 Feature Films under management, MonteCristo is responding to the deep transformation of the Sales Agency business brought about both by new technology and COVID, with a renewed commitments to Producers worldwide," said Mr. Taverna.
Cindy Nelson-Mullen will lead the Company’s sales and acquisitions. She began her career in advertising as an account executive for various advertising agencies including DMB&B, Wells, Rich & Greene and Foot Cone & Belding in New York and London. After nearly a decade of working with such clients as Procter & Gamble, Nabisco, Norelco and Kraft General Foods, Ms. Nelson-Mullen moved to the production side of the advertising business and in 1993 established herself as an agent for directors of commercial productions in the US. In addition to representing directors, she also represented post-production services to the advertising industry and has produced several Off-Broadway plays.
Mr. Petzel has produced, executive produced or associate produced a number of theatrical features including Seeking Justice (Nicolas Cage), War (Jet Li and Jason Statham), Rambo (Sylvester Stallone) and Good Old Fashioned Orgy (Jason Sudeikis) as well as television movies and has extensive experience in the distribution of entertainment assets having advised such leading international film and television distributors such as ZDF Enterprises (Germany), DeAPlaneta (Spain), Filmauro (Italy), Scanbox (Scandinavia) and many others on script evaluation and rights acquisitions. Christopher also has broad corporate finance experience.
Additional information about Broadside can be found in the Company's reports and filings at www.OTCMarkets.com, on the Broadside website at www.broadside-enterprises.com and on Twitter at @brse_news.
About Broadside Enterprises, Inc.:
Broadside Enterprises, Inc. (OTC: BRSE) is a publicly traded company with four divisions: Media, Branded Goods, Real Estate and Blockchain Technologies.
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