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Monday, January 18, 2010 7:54:43 PM
http://www.marketwire.com/press-release/Target-Development-Group-Inc-1098528.htmlNEW YORK, NY--(Marketwire - January 7, 2010) - Hannover House, the film and video distribution division of Target Development Group, Inc. ... is armed with cash and ready to buy films as one of an elite group of recognized studio buyers at the upcoming Sundance Film Festival. Funds from a variety of off-balance-sheet acquisition ventures will enable Hannover House to compete with the major studios for the distribution rights to the top echelon of "A" level theatrical titles, said C.E.O. Eric Parkinson.
"We're actively pursuing commercial hits," said Parkinson.
Over the past 26 years, many key titles from the Sundance Film Festival have gone on to achieve notable, commercial success. Hannover House will be attending this year's festival looking to acquire the U.S. distribution rights to films that have significant theatrical potential.
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