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Thursday, January 13, 2011 12:02:34 PM
Hannover House has contracted for distribution rights to several, high-profile, theatrical films currently in production or in various stages of pre-production. The strategy in pursuing the licensing or acquisition of titles at an early, pre-buy stage is to provide a greater assurance that the company will have major titles available on a going-forward basis. While Hannover House attends most of the major film festivals to view and consider new films for acquisitions, many of the higher profile titles are already licensed to distributors before Hannover or other studios have the opportunity to bid. Festival acquisitions will continue to be the primary source for new acquisitions in 2011 and 2012, but the production pre-buys will provide the company's guarantee of major titles for the upcoming release slate. In 2011, Hannover House plans to attend multiple film festivals on its new release acquisitions hunt, including Sundance, Cannes, Toronto and the American Film Market
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