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Sunday, June 23, 2013 11:55:11 PM
I'm not sure that makes sense, but I'll bite...
"If it was a 2011 Sundance favorite, why is it just being picked up by hhse?"
Being a small company (only $5M marketcap) and wanting to be prudent this approach is EXACTLY what I'd do ... pick up good movies that other larger studios passed up on ... being near a last option of being picked up, I'm sure a good discount was negotatied. They don't have much of a line-of-credit to work with, right?
With a $5M market cap ... totally happy getting the scraps!
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