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Thursday, 03/10/2011 6:44:47 PM

Thursday, March 10, 2011 6:44:47 PM

Post# of 15259
NEWS:


Front Row Networks Projects $35 Million Revenue Based on 12 Concert Production
Slate

LOS ANGELES, Mar 10, 2011 (BUSINESS WIRE) -- Writer Group Film Corp.
(otcqb:WRIT), a Los Angeles based concert production company, has acquired over
1800 hours of 2D/3D concert video footage from a concert library.

"By acquiring this catalogue, Front Row Networks is moving closer to its goal of
providing the largest selection and variety of 2D and 3D concert footage to its
viewing public," says John Diaz, CEO of Front Row Networks. The current worldwide
phenomenon surrounding 3D, combined with the strong-performing live concert
business, presents a unique opportunity for Front Row Networks to provide an
inexpensive, state-of-the-art, live 3D concert experience to anyone, anywhere in
the world.

This footage will enable Front Row to assemble and produce 12-15 theatrical
releases (90 to 120 minutes in length) in 3D, which it will then put into an
existing pipeline for distribution. These releases will be exhibited in North
America and Overseas, resulting in direct revenues for the Company.

Following the initial theatrical run, the 3D concerts will be licensed to TV
broadcasters and DVD retailers. In addition, Management intends to sell
merchandising and sponsorship, specific to each artist in the concert, in
theaters where the concert will be exhibited.

The Company intends to produce twelve 3D concerts in 2011, and increase this
number by two concerts in each of the following years, for a total of 20 concerts
by the fifth year.

The projections assume an average theater capacity of 250 seats. Based upon a
1000 theater release, in the US only, with attendance at 50% of seating capacity
and an average ticket price of $25 USD, the financial model assumes theatrical
revenue of approximately $1.5 million.

If the Project achieves this performance level, Management projects that the
ancillary markets, including TV, DVD, merchandising, and sponsorship will add an
additional $2 million in revenue per concert to the Company's revenue stream.

Based on these assumptions, the company projects gross profits (before artist
split) in excess of $35 million based upon twelve performances.

Front Row Networks is a live concert production and distribution company which
produces live concerts in 3D for initial digital broadcast into movie theaters in
North America. Following their theatrical run, the films are then licensed to US
and international broadcasters, pay channels, PPV markets, DVD and Blu-Ray
distributors, and sold on the internet as downloads.

John Diaz concluded, "This is a project we have been working on for some time and
are very pleased to see it being realized. We continue to negotiate with new
Artists to bring them into our production slate, and will continue to update our
shareholders as these exciting events unfold."

Cautionary Note Regarding Forward-Looking Statements

Statements in this press release regarding the company's business that are not
historical facts are "forward-looking statements" that involve risks and
uncertainties. The company wishes to caution readers not to place undue reliance
on such forward-looking statements and as such, speak only as of the date made.
Investors are cautioned that all forward-looking statements involve risks and
uncertainties, including, but not limited to, those discussed in the Company's
latest S-1 filed July 15, 2009.

SOURCE: Front Row Networks

Front Row Networks
Phil Kueber, 310-461-3737
info@frnetworks.com
http://www.FRNetworks.com


Copyright Business Wire 2011