HOLLYWOOD, FL - (NewMediaWire) - November 02, 2015 - The Movie Studio, Inc. (OTC PINK: MVES) ("TMS" or the "Company"), a vertically integrated motion picture production and distribution company with completed motion picture and production assets, has completed the acquisition of Majority Ownership Interest(s) in its affiliated entities, Ventures Capital Partners, LLC. (VCP), Ventures Capital Partners, II LLC. (VCP II), Ventures Capital Partners, III LLC. (VCP III). The agreement represent a 99% ownership in VCP of the completed feature film "EXPOSURE," 84% ownership in VCPII in the 30% completed feature film "DOUBLE EXPOSURE" and 72% ownership in VCP III in the 30% completed feature film "BAD ACTRESS." The VCP, VCP II and VCP III members received TMS' common stock in exchange for their membership interests. The acquisitions represents another important step in the Company's restructuring.
The VCP libraries consist of the 2013 completed Motion Picture "EXPOSURE" starring Corey Feldman and the 30% completed motion pictures "DOUBLE EXPOSURE" and "BAD ACTRESS" starring Latin sensation "EXCELINA" and set to star Sean Stone Hollywood director Oliver Stone's son. The Exposure feature films has major worldwide territories still available for sale and has seen domestic distribution outlets on DVD through, Best Buy, Walmart, Amazon and Netflix. The other two motion pictures are currently being packaged with our other fifteen movies for pre-sale financing at the American Film Market (AFM), the World's largest film market taking place from November 4th through 11th 2015 in Los Angeles, California.
These acquisitions represent another significant milestone in TMS's growth by acquisition strategy and integration of other completed movies and movies in development and production. The Company continues its bundling strategy, which it intends to leverage in the worldwide distribution marketplace.
"We are again pleased with the completion of this roll-up transaction in our attempt to bring additional shareholder value and residual equity for our shareholders as we continue to increase ownership assets of motion pictures with worldwide distribution potential on our balance sheet. We will be attending the AFM to sell and Pre-Sell TMS' current movies and movies in development while looking for additional motion picture assets, film libraries and distribution companies to purchase," stated Gordon Scott Venters, The Movie Studio's CEO.
About The Movie Studio Inc.
The Movie Studio, Inc. is a vertically integrated motion picture production and distribution Company with completed motion picture and production assets. The Company acquires, develops, manufactures and distributes independent motion picture content for worldwide consumption in Theatrical, Video on Demand (VOD), Foreign Sales and on various media devices. For more information visitwww.themoviestudio.com.
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