``Step Into Liquid'' Rides the Wave at the Box Office; $2 Million and Growing in Its Fifth Week of Release.Entertainment Editors/Business Editors SAN DIEGO--(BUSINESS WIRE)--Sept. 8, 2003 NV Entertainment, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of New Visual Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NVEI) and Top Secret Productions, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control announced today that the surf adventure film, Step Into Liquid in its fifth week topped $2 million in theatrical ticket sales. The documentary film was widened to 83 screens and generated an estimated weekend box office of $345,000. The cumulative box office total as of September 7, 2003 is upped to $2,250,000. The fifth weeks results amount to a $4,157 per theater average, a key measurement for a limited release film. "Our goal at New Visual was to have the theatrical ticket sales cover the cost to produce the film," said Ray Willenberg, Jr., President of NV Entertainment. "We now believe that we will reach this goal, and that additional profits will come to us through domestic and international theatrical sales, home video and DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. sales, merchandising and several other forms of income. As the surfers say in the film, `we're stoked stoked adj. Slang 1. Exhilarated or excited. 2. Being or feeling high or intoxicated, especially from a drug. !'" For more information and play dates and theater locations, please check the film's website at www.stepintoliquid.com. About Step Into Liquid By using up-to-the-minute technology, sharp editing and awards-caliber cinematography cinematography: see motion picture photography. cinematography Art and technology of motion-picture photography. It involves the composition of a scene, lighting of the set and actors, choice of cameras, camera angle, and integration of special to present extraordinary subjects in mind-boggling locations, Step Into Liquid embraces and celebrates the global surfing culture while managing to also deliver moments of real intimacy. The film takes viewers from the truly terrifying ter·ri·fy tr.v. ter·ri·fied, ter·ri·fy·ing, ter·ri·fies 1. To fill with terror; make deeply afraid. See Synonyms at frighten. 2. To menace or threaten; intimidate. monstrous waves of Oahu's North Shore to the Texas waters of the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east (where waves are created by massive oil supertankers) to the shores of Ireland and Rapa Nui. Along the way, viewers discover unforgettable human stories, from a man who's surfed every single day for the last 27 years to a young, inspirational surfer just getting back in the water in spite of a surfing accident that's left him paralyzed par·a·lyze tr.v. par·a·lyzed, par·a·lyz·ing, par·a·lyz·es 1. To affect with paralysis; cause to be paralytic. 2. To make unable to move or act: paralyzed by fear. from the neck down. A true audience-pleaser, Step Into Liquid is at once profoundly moving and profoundly entertaining. For more information and release dates and venues: www.steptintoliquid.com, or www.artisanent.com. About Artisan Entertainment Artisan Entertainment Inc. is the leading independent producer and distributor of theatrical, television and home entertainment products. The Company coordinates its business activities through two wholly owned operating divisions, Artisan Pictures and Artisan Home Entertainment. The Artisan Pictures division is responsible for the development, production, marketing and distribution of the Company's annual slate of theatrical films. The Artisan Home Entertainment division has an extensive library of over 7,000 titles which includes its own properties, as well as a wide spectrum of films from Academy Award(R) winning classics to blockbusters and cult favorites. About New Visual Corporation Based in San Diego, New Visual is a late-development-stage fabless communications semiconductor company. It is developing an advanced technology that allows data to be transmitted at greater speed and across extended distances over existing copper wire. For more information, visit www.newvisual.com. With the exception of historical information contained in this press release, this press release includes forward-looking statements made under the "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion