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International Sales Push HHSE Profuction of ‘WILDFIRE’ into Profitability
Press Release | 06/07/2022
Distribution agreements made during the recent Cannes Film Festival and Market have positioned the film "Wildfire" to reach profitability status prior to the films North American release, said director and HHSE C.E.O., Eric Parkinson. The film is the first feature production facilitated by Hannover House, Inc. (OTC:HHSE), and the strong commercial response from international distributors bodes well for the companys future productions.
The film has a great concept and foundation, said Parkinson, in reference to the 1975 #1 hit song that inspired the story. Buyers at Cannes instantly recognized the song and responded favorably to our cast, assembly and materials. We think the U.S. market response could be even stronger as our new title track of the theme song will hit the radio market. This is the culmination of a lot of hard work and carefully planned marketing for the film, he concluded.
Wildfire: The Legend of the Cherokee Ghost Horse, tells the story of a young girl who is befriended by a wild stallion after tragedy strikes her family. The film stars Chevel Shepherd, winner of NBCs The Voice competition, along with industry veterans Anne Heche, Adrian Paul and Michael Martin Murphey. Native American performers include Mo Brings plenty (Yellowstone) and Cara Jade Myers (Killers of the Flower Moon) with newcomer Olivia Slatton-Fite and indie film veterans Thesa Loving, Cassie Haley and Major Dodge, Snr. completing the principal cast.
The film was produced by Eric Parkinson, Kyle Martens, Mike Snyder and Christian Large with directing handled by Eric Parkinson. Jon McCallum performed the edit and visual effects. Music industry legend Michael Martin Murphey has composed an original music score for the film - including a new version of Wildfire - and these tracks will be marketed by Hannover House as a motion picture soundtrack.
To have our first production reach profitability prior to delivery validates the companys two-tier business model, said Parkinson. We can utilize this enthusiasm from buyers to move into additional feature productions that can add panache to our MyFlix slate as well as enhance the companys revenues and balance sheet. Our prior business model of working as a distributor or sales agency for third party productions no longer worked under the evolving media distribution platforms. Were excited to have recognized these market paradigm changes and responded with a strategy which has now been demonstrated to be working, he concluded.
For more information contact:
ERIC PARKINSON - MYFLIX / HHSE
818-481-5277 / Eric@HannoverHouse.com
