Business
Seven Arts Entertainment Inc. Breaks Silence and Announces Multi-Million Revenue Deals
Seven Arts Entertainment Inc. Breaks Silence and Announces Multi-Million Revenue Deals.
About this update from Seven Arts Entertainment, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Seven Arts Entertainment Inc. Breaks Silence and Announces Multi-Million Revenue Deals\r\n \r\n \r\n\r\n\r\nSeven Arts Entertainment Inc. Breaks Silence and Announces Multi-Million Revenue Deals\r\n\r\n\r\n\r\n\r\n\r\nATLANTA, GA / ACCESS Newswire / July 11, 2025 / Seven Arts Entertainment Inc. (OTC PINK:SAPX), the \"Company\", a legacy film and music production company, is pleased to announce the following updates:\r\n Recently Seven Arts has partnered with Crusher Films, to co-produce a live action franchise starring WWE wrestler and professional strongman, Adam Scherr. Crusher Films is headed by Max Zell who has been a producer across film, television and sports entertainment. Zell's credits include the sci-fi film \"Code 8\", documentaries such as \"Ghostheads\" and \"RoboDoc: The Creation of RoboCop\". Alongside Zell's mentor, Cary Woods of Independent Pictures, Zell helped develop Apple TV's first unscripted series, \"Home\". Under Independent Pictures Zell also helped produce \"Scream\", \"Godzilla\", \"Rudy\", and \"So I Married an Axe Murderer\".\r\n Although specific details surrounding the project remain temporarily under NDA, both Seven Arts, Crusher and additional partners intend to produce the film and its sequel in simultaneously as well as develop a host of other licensable properties around the franchise, such action figures, video games, and a restaurant chain.\r\n Crusher has begun raising up to $50 million USD toward the project, whereby Seven Arts will be directly allocated proceeds to provide access to Atlanta area locations, personnel, develop a soundtrack through director, Thom Hazaert, and allow access to Georgia's film industry tax credits among other additional roles. No part of this partnership shall require Seven Arts to issue new debt or Company stock. The Company will provide further detailed information on the project within the next month.\r\n Approximately a year ago the Company, through its \"X\" social media account, made several announcements regarding an Agreement with Lionsgate Films. During this time Lionsgate had also embarked on a significant restructuring that was outside of the scope of Seven Arts. The Company was encouraged not to make any formal announcements ahead of Lionsgate as to not unintentionally mislead Lionsgate shareholders. As a result of Lionsgate's cha...