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Beverly Hills Film Studios Announces Expanded Business Plan; Big Screen Partners & Symphony Entertainment.


LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  -- Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities.  Film Studios Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:BVHJ) management today announced the completion of the company's expanded business plan, operating objectives and long-term strategy.

Currently with two films in post-production, "Forget About It" starring Burt Reynolds Burt Reynolds (born February 11, 1936) is an Oscar-nominated Emmy Award-winning American actor. Some of his memorable roles include Lewis Medlock in Deliverance, Paul Crewe in the original version of The Longest Yard, Bo 'Bandit' Darville in  and Raquel Welch Jo Raquel Tejada (born September 5 1940), best known by her stage name Raquel Welch, is an American actress who reached fame during the 1960s. Early life , and "Dirty Love" starring Jenny McCarthy Jennifer McCarthy (born November 1, 1972)[1] is an American model, comedian, actress and author. She first appeared in Playboy magazine in October 1993 and was named Playmate of the Year in its June 1994 issue. , the company is uniquely positioned as an efficient independent film studio to meet the ever-increasing worldwide demand for commercially viable, high-quality film product, completed at much lower budgets.

With the objective of developing additional revenue streams, the expanded plan calls for the completion and release of a minimum of five films annually. The implementation will consist of a total production services group which will include the formation of several industry-related divisions and strategic alliances. The production services group, which will operate under the company's corporate umbrella, is designed to complement the key elements of film creation: development, pre-production, principal photography, post-production, release and distribution.

Big Screen Partners

The plan also incorporates the recent formation of Big Screen Partners, an entertainment fund geared to assist financing of green-lighted projects by the company. Following its stated operating strategy of making low-budget, high-quality projects with recognizable names within the industry, the first film out of Big Screen will be "Nothing Compares to You," an original screenplay by top Hollywood screenwriter Larry Gross Larry Gross is an American screenwriter and producer. Among other projects, he rewrote Ralph Bakshi's Cool World for Frank Mancuso Jr. (without even telling Bakshi prior to the rewrite), though Mark Victor and Michael Grais (who rewrote Gross's draft) got writing credit in . Pre-production is set to begin in early 2005, and Gross will also be directing this film. Gross' first film as a writer was the hugely successful "48 Hours," but he has numerous other writing credits, including "We Don't Live Here Anymore," released this past summer by Fox, "This World, Then the Fireworks fireworks: see pyrotechnics.
fireworks

Explosives or combustibles used for display. Of ancient Chinese origin, fireworks evidently developed out of military rockets and explosive missiles and accompanied the spread of military explosives westward to
," which was shown at both the Sundance and Cannes film festivals, and "True Crimes," a production directed by and starring Clint Eastwood. Some of his past directorial credits include the remake of "Alfred Hitchcock Presents" on TV and "Night Caller."

Symphony Entertainment (Post-production)

Helmed by Stephen Eckelberry and an expert staff with more than 40 years of experience, Symphony Entertainment, conveniently located in the heart of Hollywood, is a full-service, post-production facility to the industry and provides the best in advanced High-Def and Standard Def technology from online editing work stations to the latest sound effect pro-tools mixing equipment.

Key elements of the company's business and operating strategy will be posted at the company's Web site, www.beverlyhillsfilmstudios.com, within the coming weeks.

E-Mail: contact@BeverlyHillsFilmStudios.com

Certain statements contained in this press release are forward-looking statements (as such term is defined in 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) and information relating to the company that is based on the beliefs of the management of the company, including assumptions made by and information currently available to management.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 10, 2004
Words:446
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