SOURCE: Empire Film Group, Inc.

November 27, 2009 14:20 ET

New Empire Distribution Structure Will Improve Revenues and Profits

MALIBU, CA--(Marketwire - November 27, 2009) - Empire Film Group, Inc. (PINKSHEETS: EFGU) ( expects to generate increased revenues and bottom-line profits as a result of a restructuring of its physical distribution of entertainment products into the USA marketplace, reported Dean Hamilton-Bornstein, Empire CEO. The new distribution structure includes a streamlining of overhead and a significant reduction in debt as a result of a mutually agreed termination of the proposed merger with entertainment distributor Hannover House. Empire titles will now be released through its wholly owned subsidiary Producers Releasing Organization.

"This new distribution structure is a win-win scenario for both Empire and Hannover House," said Bornstein. "Empire is relieved of the overhead and debt obligations of operating an internal distribution division, while still maintaining its access to the marketplace for the release of its own theatrical, video, television and literary properties along with other titles the company may require. Empire retains the option of releasing properties in conjunction with Hannover House on a commissioned basis, or selectively licensing projects on a title-by-title basis to other, third-party distributors.

"Over the next few weeks, Empire will be announcing its current release slate and distribution structure, as well as details of new financing and production activities," said Bornstein. "Our fourth quarter financials and filings will reflect a major reduction in debt and overhead, with the company better positioned for improved revenues and profits."

Empire Film Group, Inc. is a fully-integrated entertainment company, with in-house distribution capabilities to theaters, home video and television markets. The senior executives of Empire are seasoned and proven entertainment industry professionals, with expertise in production, theatrical distribution, video distribution and finance. The company is currently listed on the Pink Sheets exchange under the trading symbol EFGU.PK.

For more information contact our corporate offices at 310-317-9176 /

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