SOURCE: VGTel, Inc.

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March 12, 2015 12:55 ET

Motion Picture Scanning Services Signs Cooperation Agreement With New York City Post House -- Domicile NYC

NEW YORK, NY--(Marketwired - March 12, 2015) - (OTCQB: VGTL) -- VGTel - 360 Entertainment & Productions announced today that the Company's wholly owned subsidiary Motion Picture Scanning Services, Inc. ("MPSS") has entered into a cooperation agreement with New York City film studio and post-production company Domicile NYC ("Domicile"). Domicile will serve as MPSS' sales agent for the New York metropolitan area to promote and sell MPSS' film scanning services in association with the post-production services currently offered by Domicile.

The cooperation agreement with Domicile is a strategic move for Austin-based MPSS as the company recently expanded its film scanning operations from 65mm Giant Screen films to the more common 35mm film format used for feature films and television programming. "The entertainment industry is committed to the rapid development of 4K and we believe UltraHD will soon emerge as the next standard for television. Under this cooperation agreement, our companies will provide value-added services to producers and content owners by synergizing our film scanning services with Domicile's broad experiences in post-production. We believe the association will further strengthen our company's growth," said MPSS COO James Humann. 

4K TV sets are now available from most of the major TV manufacturers, including Samsung, LG, Sony, Sharp, Panasonic and Vizio. More and more companies like DirecTV, Netflix and Amazon are beginning to stream 4K content but currently the content selection is limited at best. To help meet this demand for UHD programming, MPSS and Domicile plan to work with owners of libraries of content that want to scan, restore and re-release their films and television programs in 4K.

Located on Clinton Street in New York's Lower East Side and catering to the NYC independent film market, Domicile's state-of-the-art studio offers turnkey productions from script to screen and features a state of the art Dolby sound stage. With on-staff experts in color grading and correction, Domicile has a post-production boutique with the essential audio and video finishing capabilities for feature films, long and short format television, digital media and music. "There's a big demand for UHD content right now ... especially in New York. Associating with a 4K scanning house comes at a perfect time for Domicile. We're in the final stages of a build-out of our new correction suite that will enhance our 4K post production capacity and, with our presence in the City, our sales team has access to rights holders of vast libraries of television programming and indie films," stated Domicile NYC President Glen Scott. "We're already planning our first project with MPSS."

"We are very excited for the opportunity to work with Domicile to establish ourselves within the New York City film market. There is a tremendous amount of synergy between our two companies. Getting an early foothold in the key film production markets around the country has been our goal from day one," stated Humann. "We will continue to see more and more 4K/UHD broadcasters go live throughout 2015 and beyond. As that happens, the demand for UltraHD content will continue to thrive. Working alongside Domicile will introduce our services to the film-making community in NYC and we anticipate that it will bring a lot of projects in the door."

About VGTel, Inc. - 360 Entertainment and Productions.com
VGTel, Inc., operating as 360 Entertainment and Productions, is a multi-platform company offering products and support in the entertainment industry and is focused on a strategy of growing and building business units through investments and acquisitions.

For further information, go to www.360entertainmentandproductions.com.

About Motion Picture Scanning Services, Inc. 
Austin-based Motion Picture Scanning Services (MPSS) is a world-wide resource for the scanning of films from original analogue formats -- Big Screen 70/65mm, 35mm, or 16mm -- to 8K/4K Ultra High Definition. 

For further information, go to www.motionpicturescanningservices.com.

About Domicile NYC 
Domicile is a NYC based film production and post-production company. We offer productions from script to screen and our post-production boutique has all the essential audio and video finishing capabilities including a full sound stage with Dolby Certification and HD projection. The studio is perfect for mixing feature films, long and short format television, digital media and music

For more information, go to: http://www.domicilenyc.com

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Contact Information

  • CONTACT:
    360 Entertainment & Productions
    (212.201.0576)

    MPSS & Media Relations
    James Humann
    (858.220.9961)