ORLANDO, FL--(Marketwire - Mar 7, 2013) - Red Giant Entertainment Inc (OTCQB: REDG) announced "SUPERNOVAS" as their next animated feature from their lineup of intellectual properties. From its inception, this project is intended to be part of their "Direct-to-Digital" platform they unveiled yesterday.
"We firmly believe in the digital delivery platforms represented by such companies as Hulu, Netflix, Amazon, iTunes and their peers," states Red Giant Entertainment CEO, Benny Powell. "By even conservative estimates, we believe that projects such as this could easily generate over $10 million annually each. By simply tapping into the hundreds of millions of ad views we generate yearly, we believe that these numbers are achievable. This is a key pillar of our business model."
Written and created by movie screenwriter/producer Terry Keefe, SUPERNOVAS is a series that follows four ordinary teens from a small town in upstate New York. While observing a gamma ray burst, they and the town's nearby Supermax prison are irradiated with massive energy that mutates them and grants each of them extraordinary powers. Taking up the mantle of superheroes, they must face off against the powerful inmates who now wreak havoc on the world at large. The series first launched in 2011 as a weekly comic book and garnered a strong fan following.
"I'm very excited to have SUPERNOVAS be developed in this direction," said Keefe. "Red Giant has always been very supportive of my vision and my quirky spin on a classic genre. I couldn't ask for a better home or crew to work with."
This series will be produced by the Red Giant Entertainment production team and animated by Glass House Graphics and Cutting Edge Productions. The feature will act as a pilot with further plans as a half hour on-going series. Similar productions will follow this model.
ABOUT RED GIANT ENTERTAINMENT INC.
Red Giant Entertainment Inc (OTCQB: REDG) is a Nevada corporation that specializes in Intellectual Property (IP) development for multiple media platforms and transmedia propagation. The cornerstone of this development is based around the more than three dozen online and print graphic novel properties in various stages of production as well as the cast of thousands of characters from those series. These properties have a readership that numbers in the millions globally. Some of these properties are actively in development into other media such as movies, video games, television, novels, toys, apparel, applications, etc. through either direct production or licensing agreements.
For further information visit RedGiantEntertainment.com
Safe Harbor Statement
The information in this release may include "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These statements may involve risks and uncertainties, including statements regarding the Company's business strategy and expectations. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements, which may be identified by terminology such as "may," "should," "will," "expect," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential," "forecast," "project," or "continue," the negative of such terms or other comparable terminology. Readers should not rely on forward-looking statements as predictions of future events or results. Any or all of the Company's forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions, risks and uncertainties and other factors which could cause actual events or results to be materially different from those expressed or implied in the forward-looking statements. Factors may cause the Company's actual results to differ materially from any forward-looking statement. In addition, new factors emerge from time to time and it is not possible for the Company to predict all factors that may cause actual results to differ materially from those contained in any forward- looking statements. The Company disclaims any obligation to publicly update any forward-looking statements to reflect events or circumstances after the date of this document, except as required by applicable law.