"Medallion Releasing Inc.": Multi-Studio Labels Video Releasing Venture
Changing Distribution Marketplace (E-ONE ENTERTAINMENT purchases North American Walmart vendor PHASE 4 FILMS), leaving a void Medallion Releasing Inc. fills.
Medallion Releasing Inc., is the addition of outside studio labels to the Hannover House family for our existing North American business. This structural model - similar to the $150-mm level that Tom Sims achieved at Universal-Vivendi - is to combine four or more "complementary" (but not directly "competitive") releasing labels together for HHSE to represent, is expected to significantly enhance the market-share for Hannover House.
A key watershed moment in June for HHSE was the announced hiring of Tom Sims, a highly respected and proven executive with over 20-years of experience in the home video industry that will help take HHSE past the $20-mm annual revenues level! Mr. Sims brings to HHSE much experience, business relationships and industry contacts.
A.) Former Buyer for Walmart / Anderson Merchandisers (13-years)
B.) Former Universal Studios / Vivendi Executive (6-years)
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