SOURCE: The Movie Studio, Inc.

The Movie Studio, Inc.

September 15, 2016 07:30 ET

The Movie Studio, Inc. Creates Wholly Owned Subsidiary Gulfstream Movie Studios Inc., and Acquires All Assets of Rainbow Pictures, LLC.

HALLANDALE BEACH, FL--(Marketwired - Sep 15, 2016) - The Movie Studio, Inc. (OTC PINK: MVES) ("TMS" or the "Company"), www.TheMovieStudio.com is a vertically integrated motion picture production and distribution company with 17 completed motion pictures, production and distribution assets. 

The Movie Studio is pleased to announce the acquisition of one hundred percent of the assets of Rainbow Pictures, LLC. The acquisition includes the intellectual property rights to the motion picture "Rainbows" to be produced by the Movie Studio via the Company's wholly owned subsidiary Gulfstream Movie Studios Inc. at the Company's newly occupied studio facility at Gulfstream Park in Hallandale Beach, Florida. 

"Rainbows" is a stirring story that captures the glory of determination when a physically challenged young girl brings a homeless female jockey and an abandoned horse together for the ride of a lifetime. The film has attached Hollywood veteran film star and Oscar nominee Eric Roberts.

As the newest film to be produced by The Movie Studio, "Rainbows" will be a G rated family film in the same genre as "Dreamer," "Flicka" and "Secretariat." According to the movie data website the-numbers.com "Dreamer" released in 2005 earned over $88 million, "Flicka" released in 2006 earned over $51 million "Secretariat" released in 2010 earned over $112 million.

"Rainbows" is being filmed at Gulfstream Park providing substantial production value to the Picture. Opened in 1939 Gulfstream Park now hosts all of the races in the series known as the Sunshine Millions. In September 2013 an expansion was announced beginning with the construction of a 110 foot 30-million-dollar bronze statue of a Pegasus and a dragon. Underneath the statue the park plans on adding a theatre and the dragon is to breathe fire when completed. The statue is the second largest statue in the United States after the Statue of Liberty.

"The Movie Studio is excited about the acquisition of the assets of Rainbow Pictures, LLC. adding the film in development and when completed, to the Company's rapidly growing library of quality films and we look forward to the movie's worldwide exposure for pre-sale and packaging distribution at the American Film Market in Los Angeles this coming November," Gordon Scott Venters, the President and CEO of The Movie Studio, announced today. 

About The Movie Studio, Inc.

The Movie Studio, Inc. is a vertically integrated motion picture production and distribution Company with completed motion picture and production assets. The Company acquires, develops, manufactures, and distributes independent motion picture content for worldwide consumption in Theatrical, Video on Demand (VOD), Foreign Sales and on various media devices. For more information, visit www.TheMovieStudio.com.

Forward Looking Statements and Disclaimer

Statements made in this press release that express the Company or management's intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. The words "believe," "expect," "intend," "estimate," "anticipate," "will" and similar expressions are intended to further identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company's actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. The Company cannot guarantee future financial results; levels of activity, performance or achievements and investors should not place undue reliance on the Company's forward-looking statements. No information contained in this press release should be construed as any indication whatsoever of the Company's future financial performance, future revenues or its future stock price. The forward-looking statements contained herein represent the judgment of the Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. No information in this press release should be construed as any indication whatsoever of the Company's future revenues or results of operations.

Contact Information

  • Contact:
    The Movie Studio, Inc.
    Gordon Scott Venters
    President and CEO
    Gulfstream Park - 800 Silks Run
    Hallandale Beach, FL 33009
    gsv@themoviestudio.com
    954-332-6600