Business
Hannover House looks to International Co-Productions and Incentives for $80-mm Production Slate
Hannover House looks to International Co-Productions and Incentives for $80-mm Production Slate.
About this update from Hannover House, Inc.
[{"type":"text","content":"Armed with solid scripts and major star attachments, Hannover House, Inc. (OTC: HHSE) is looking towards international co-productions and financing incentives to cover most of the $80-mm in costs needed for two high-profile original productions. The two principal films in the three-picture international slate for Hannover House include the previously announced family-fantasy \"Mother Goose: Journey to Utopia\" – and a new, major effects thriller which will rely heavily on A.I. software for many complex, visual sequences that previously would have pushed the budget to more than $100-million. Hannover House is also in development or preproduction on three additional features that are set for filming with in the USA: \"The Last Days of Belle Starr\" (1889 western thriller); \"Modern Antiquities\" (contemporary feel-good drama) and \"Senior Year\" (contemporary sports-drama).\"Mother Goose: Journey to Utopia\" is being retitled as \"Journey to Utopia\" due to the older-skewing nature of the story - despite the presence of the all-powerful Queen of the land being the infamous Mother Goose. Hannover House had previously attached Academy Award winning film legend Shirley MacLaine in the Mother Goose role, although her participation in the film is not currently confirmed. The film tells the story of two teenagers who enter an inter-dimensional portal to end up in the land of Utopia. They must solve riddles to receive the necessary clues to enable a return to their Earthly lives. With the participation of international co-productions and incentive funding, Hannover House feels it can readily secure bank gap funding to enable this film – and two others high-profile features – to proceed into production for 2024.\"As we move into our business model of feature film productions and video streaming, we are embracing the benefits of working with production companies and funding agencies throughout the world,\" said Eric Parkinson, C.E.O. of Hannover House. \"The explosion of viewer support for premium video-on-demand programming has opened up new opportunities for companies like Hannover House. With the additional benefit of using computer technologies and Artificial Intelligence for special effects on fantasy and sci-fi features, we can achieve production values that previously would...