Professional Motion Picture Production and Distribution NEWS
Odyssey Pictures Partners with U.K.'s Parkland Pictures, Ltd.
By StudentFilmmakers.com
posted Aug 31, 2011, 15:16
Deal Marks Growth of Odyssey's Consortium of Indie Producers
Deal Marks Growth of Odyssey's Consortium of Indie Producers
(Dallas) Odyssey Pictures Corporation (OPIX: OTCQB) (Odyssey), a publicly traded
media and entertainment company has confirmed a co-marketing agreement with
Parkland Pictures Ltd. (Parkland), a London-based feature film production company
and international sales agency. The deal encompasses co-production, financing
and joint sales activities.
Odyssey will provide funding to propel specified Parkland projects into next
stages of development and retains a first right of refusal to provide Parkland
with production funding. The two companies will also selectively engage in joint
sales and marketing outreach for each other's inventory of titles.
Some of Parkland's completed live action films that Odyssey's producers' representative
service will include in its roster of titles under representation include "The
Heavy," "The Tender Hook" and "L'Amour Cache." In turn,
Parkland will co-market Odyssey's many TV/DVD titles, including "Vauban,"
"Kings of France," "On the Farm," and "Pang-Pang Fighter."
Odyssey and Parkland jointly exhibited at this year's Cannes Film Festival
and will continue to do so in upcoming markets like MIPCOM and AFM. This latest
strategic partnership solidifies Odyssey's ongoing business model of providing
a platform of financial and marketing support for a consortium of independent
content developers and marketers. Other such Odyssey partners include, D.P.M.,
Inc., Foothill Entertainment and ORG Studios, USA.
"Parkland Pictures is a very strong addition to Odyssey's family of independent
producers," remarked Odyssey's CEO John Foster. "Parkland not only
provides us an infusion of live action titles to work with, but also gives Odyssey
a base of operations in London."
"Odyssey has already begun providing us with significant support in the
areas of marketing and sales," commented Parkland's founder and Director,
John Cairns. "What's more, John Foster brings enormous industry experience
and sophistication to our business transactions."
About Odyssey Pictures Corporation - Initially an entertainment
company focusing on financing and distribution of first run feature films, Odyssey
has adapted its business model to become a diversified media/marketing services
company. The company's lines of business now encompass producer's representative
service, branding & marketing and IPTV digital delivery technologies. Odyssey's
producer's representative service provides an extensive suite of sales and marketing
services to independent filmmakers seeking to gain traction in the international
distribution and rights markets. These services include international sales,
contract negotiation, marketing materials, strategic planning and completion
financing. http://odysseypix.com/
About Parkland – U.K.-based Parkland was formed in 1998,
initially producing documentaries and eventually feature films. In 2006, the
company added an International Sales Agency division for Parkland's own films
and to acquire international sales rights to other films outside the company.
Parkland has numerous films in development, pre-production and production and
is the appointed International Sales Agent for a growing slate of films. London-based
producer John Cairns is the founder and Director of the Parkland companies.
http://parklandpictures.com/
Forward-Looking Statements - Certain statements contained
herein are forward looking. These forward-looking statements are based on our
current expectations and are subject to a number of risks, uncertainties and
assumptions. Many factors could cause actual results to differ significantly
from these statements, including our history of operating losses, our need for
additional financing, a failure of our products to perform as expected, introduction
of competing products by other companies, pressure on prices from competitors
and/or customers, regulatory obstacles to new product introductions, lack of
acceptance of our products, and technology changes.
These risks, uncertainties and assumptions are detailed in documents filed
by us with the Securities and Exchange Commission. The Company cautions that
the foregoing list of important factors is not exclusive. Any forward-looking
statements are made as of the date of the document in which they appear. The
Company does not undertake to update any forward-looking statement that may
be made from time to time by or on behalf of the company.
Resources:
http://www.odysseypix.com
http://www.parklandpictures.com
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