[] HHSE has a NO DILUTION policy [] Decreased "Twelve" debt from ~$4.4mm to <$850k [] HAS INCREASED their Theatrical Releases THIS YEAR!!! [] &, among other positive developments, made NEW & BETTER PARTNERSHIPS!!
With a FILM OUT RIGHT NOW & TWO MORE coming April 28th!!
Another HHSE-Medallion New Title Venture from the Hong Kong FilMart
Hannover House is proud to announce the immediate USA Theatrical Release of "EXTRAORDINARY MISSION" - from the writer of "The Departed" and China's two mega-prolific producers CMC PICTURES and PERFECT WORLD PICTURES ("Jason Bourne", "Allegiant", "Fifty Shades Darker").
We're moving quickly on this title and have already booked theatres for APRIL 7th in top markets, including NEW YORK, LOS ANGELES, CHICAGO, SAN FRANCISCO and many others.
High-end action films from China have a terrific box office track record, with movies like "Hero" grossing $53-million and "Crouching Tiger, Hidden Dragon" topping $120-million. Hannover House predicts that "Extraordinary Mission" will beat all prior HHSE titles in box office gross... and will set the stage for a significant slate of features (both in Mandarin and in English) from these important world media producers.
HHSE has REPEATEDLY stated that the PURPOSE of their NEW Theatrical-Release Business-model has been to INCREASE Market Penetration INTO retail; like WalMart, Best Buy, Target & into SVOD/TVOD like NetFlix, RedBox, etc...
"EXTRAORDINARY MISSION" is the first of three theatrical productions that HHSE has been hired to handle for theatrical, home video, V.O.D., S.V.O.D. and Television in North America from CMC Pictures - one of the largest media distributors in China.
Filings show HHSE participates in SEVEN-YEAR distribution & licensing deals (with another 7yr auto-renewal in perpetuity) & so THEATRICAL is but ONE LEG of the revenue stream. And NOT the one they are RELIANT upon. The company has stated that their OBJECTIVE is to GET A FILM in theaters so that they might gain GREATER MARKET PENETRATION at retailers. In other words, their CORE BUSINESS is NOT dependent upon how a film does theatrically...But rather that Theatrical Releases do BETTER @ retail, NETFLIX, REDBOX, etc..