Front Row Networks Enters into Pact for 3D Concert Series with Eagle Rock Entertainment
LOS ANGELES, Dec. 12, 2012 /PRNewswire/ -- Writers Group Film Corp. (OTCQB: WRIT) through its wholly-owned subsidiary Front Row Networks, Inc., a Los Angeles-based concert production and distribution company, announces today that it has entered into an agreement with Eagle Rock Entertainment, to finance 3D conversion and theatrically distribute the resulting 3D version of selected Eagle Rock 2D content.
The agreement enables Front Row Networks to convert archival concert footage from certain of Eagle Rock's extensive collection into 3D motion pictures and release them theatrically worldwide. Conversion and release of these concerts will follow agreement between Eagle and the Artist concerned on a title-by-title basis. It also aims to include a live, interactive streaming event with the Artists, shot in 3D at each theatrical premiere. In addition, the public will be able to access the films on 3D by other media. Front Row Networks and Eagle Rock Entertainment will announce a lineup of the concerts to be targeted for conversion into 3D in the near future.
Eagle Rock Entertainment is the largest producer and distributor of music programming for DVD, Blu-Ray, Theatrical, TV and Digital Media in the world. By working directly with the artists, and by agreement with their labels, Eagle Rock has produced top quality, High Definition but also 3D programming for both concerts and documentaries. Artists such as The Rolling Stones, Pink Floyd, The Who, Queen, The Doors, Jeff Beck, U2, Peter Gabriel, Paul McCartney, Ozzy Osbourne, Santana, Bee Gees and Eric Clapton are amongst Eagle Rock's library of over 2,000 hours of programming. Currently there are over 800 titles on DVD, Blu-Ray and digitally available worldwide.
Geoff Kempin, co-founder and Executive VP of Eagle Rock Entertainment Worldwide said: "We appreciate the vision that Front Row has in utilizing the highest conversion technology to generate a 3D theatrical opportunity as well as the other format applications of 3D to certain of our films. This will involve the Artists/Partners in each film. All of us look for the visual experience of music to have impact and enrich the experience and quality of the soundtrack."
The announcement of the agreement with Eagle Rock creates a potential series of product for Front Row's theatrical distribution platform. Eric Mitchell, founder and CEO of Front Row Networks, echoed this: "Eagle Rock is the ideal content partner for us and its premiere catalogue provides Front Row potentially with a large library of A-list Artists and titles from which to create 3D theatrical product. Our alliance is at the forefront of a new and rapidly growing niche in theatrical content and distribution, and will provide worldwide audiences an opportunity to watch first-class alternative cinema projects. We look forward to what promises to be a successful business relationship with Eagle Rock and its management."
Front Row Networks is a live concert production and distribution company which produces live concerts in 3D for initial digital broadcast into movie theaters worldwide. Following their theatrical run, the films are then licensed to US and international broadcasters, pay channels, PPV markets, DVD and Blu-Ray distributors, and sold on the internet as downloads.
Cautionary Note Regarding Forward-Looking Statements
Statements in this press release regarding the company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. The company wishes to caution readers not to place undue reliance on such forward-looking statements and as such, speak only as of the date made. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, but not limited to, those discussed in the Company's latest 10-Q filed November 19, 2012.
Investor Relations Contact:
Equiti-trend Advisors, LLC
(800) 953-3350
Websites: www.FRNetworks.com www.eagle-rock.com
SOURCE Writers' Group Film Corp.
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