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.
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