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Family Room Entertainment Cooking in ``Microwave'' Thursday March 23, 4:01 pm ET
LOS ANGELES--(BUSINESS WIRE)--March 23, 2006--Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY - News), is pleased to announce that they have joined up with Primetime Pictures to produce "Microwave Park," based on Eugene Hess' original spec. Kelsey Howard ("CRUEL WORLD") will direct. Randall Emmett, George Furla and Todd Nealey ("CRUEL WORLD") will produce. Primetime's Len Evans will executive produce along with Emmett/Furla's M. Dal Walton, III. The picture, which will be financed by Primetime Pictures, is anticipated for production in July.
MICROWAVE PARK" is the story of four narcotic detectives who walk a thin line between cop and gangster -- placing them in the crossfire between gangs and the FBI. When a police psychologist gets involved, she alone puts together the pieces of the puzzle and is forced to choose between covering up the crimes or bringing the truth to light.
Emmett/Furla Films, in conjunction with a third-party financier, produced Richard Donner's "16 BLOCKS" which Alcon Entertainment and Warner Bros. released nationwide in February. The pic stars Bruce Willis, Mos Def and David Morse. Alcon and Warner Bros. will also release the Nicolas Cage Star-er "THE WICKER MAN" with Neil La Bute directing in the early fall of 2006. Emmett/Furla Films also provided producing services in connection with Bruce Beresford's "THE CONTRACT" with John Cusack and Morgan Freeman starring. Emmett/Furla Films, is currently in production on "HOME OF THE BRAVE" for director Irwin Winkler and are in pre-production on the Michael Douglas star-er "KING OF CALIFORNIA" for director Michael Cahill. Both pictures were financed by third-party financiers.
The deal with Primetime was packaged by Paradigm.
About Family Room Entertainment
Family Room Entertainment Corporation, with its subsidiaries, Emmett Furla Films Productions ("EFFP"), Emmett Furla Films Distribution ("EFFD") and EFF Independent ("EFFI"), is a publicly held company trading on the NASDAQ Bulletin Board under the symbol "FMLY." Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment's goal, through EFFI and EFFP, is to facilitate relationships (and as such, provide production-related services) between creative talent (including writers, actors and directors) and companies who produce, finance and distribute motion pictures. FMLY derives its income from producer fees, production consulting and service fees and royalties as well as participation in the profits, if any, of certain of the pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive development, production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and arrange with third parties to produce and finance motion pictures which are in the moderate- to higher-level budgets, which can be distributed by those with the expertise to effectively do so to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, that are not historical facts, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Contact: Family Room Entertainment Corporation M. Dal Walton, III, 310-659-9411 x127 (IR Contact) dwalton*fmlyroom.com
Posts: 63 | From: Atlanta, GA | Registered: Dec 2005
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Lot of people watching this one from sidelines for about last couple of weeks.. Tomorrow should be an interesting day to watch.. Could also confirm the reversal.
Posts: 63 | From: Atlanta, GA | Registered: Dec 2005
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