Business
The Movie Studio, Inc. Attends 2015 American Film Market in Los Angeles, California and Completes Acquisition of Majority Interest(s) in Its Affiliated Entities, Ventures Capital Partners, LLC., Ventures Capital Partners, II LLC, Ventures Capital Partners
The Movie Studio, Inc. Attends 2015 American Film Market in Los Angeles, California and Completes Acquisition of Majority Interest(s) in Its Affiliated Entities, Ventures Capital Partners, LLC., Ventures Capital Partners, II LLC, Ventures Capital Partners.
About this update from The Movie Studio, Inc.
[{"type":"text","content":"\n \n \n The Movie Studio, Inc. Attends 2015 American Film Market in Los Angeles, California and Completes Acquisition of Majority Interest(s) in Its Affiliated Entities, Ventures Capital Partners, LLC., Ventures Capital Partners, II LLC, Ventures Capital Partners, III LLC.\n \n \nThe Movie Studio, Inc. Attends 2015 American Film Market in Los Angeles, California and Completes Acquisition of Majority Interest(s) in Its Affiliated Entities, Ventures Capital Partners, LLC., Ventures Capital Partners, II LLC, Ventures Capital Partners, III LLC.\n \n HOLLYWOOD, FL--(Marketwired - Nov 2, 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. \n 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.\n 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 Co...