SOURCE: Red Giant Entertainment Inc

Red Giant Entertainment Inc

March 06, 2013 16:20 ET

Red Giant Entertainment Wraps "Magika" Post-Production

New Plans Reveal Unique Distribution and Transmedia Development for First Animated Feature

ORLANDO, FL--(Marketwire - Mar 6, 2013) - Red Giant Entertainment Inc (OTCQB: REDG) wraps post-production today on its first animated feature film, currently titled Journey to Magika. A young boy's hair-raising adventures in search of his family in a mystical land of Asian myths and monsters, this full-length all-ages fantasy movie was rendered in a colorful mix of classic full 2-D animation and CGI.

Red Giant Entertainment further has announced plans to forego many traditional distribution methods with this film, and focus its attention on the multi-million dollar digital platforms such as Hulu, Amazon.com, iTunes and others in a similar space as its primary distribution method.

"We realize that there are tremendous opportunities for us to drive traffic in ways that will monetize small animations and other series," stated Red Giant CEO Benny Powell. "We feel that Magika is the perfect test vehicle for what should be a highly lucrative business model. There are millions of dollars to be made in this space and we are well-positioned to explore it."

Journey to Magika also serves as a pilot for a planned series of half-hour episodes to be made similarly available through online, streaming and digital delivery vendors. Production has also begun on an Adventures in Magika series of comic book stories that will further embellish the onscreen adventures big and small.

By leveraging a small portion of the more than two hundred million ad impressions within their Web comic network, Red Giant Entertainment expects to point new audiences to these platforms where they can either watch the content for free and generate subsequent advertising revenue, rent them, or even purchase digitally.

In a significant innovation, Magika is the first animated feature to include planned product placement opportunities globally, specific to each country the film appears -- not only for new advertisers but for those appearing in Red Giant's line of print comics.

Multi-award-winning composer and arranger Jessie Lasaten wrote the musical score and recorded it with a live orchestra with the help of the FILharmoniKA, conducted by Gerard Salonga, while internationally-renowned performer Lea Salonga -- best known to American audiences as the singing voice of Princess Jasmine in Disney's Aladdin -- sang an international version the movie's theme song "Fly" for the soundtrack.

Executive produced by Jessie Lasaten and produced by David Campiti, Journey to Magika's screenplay is by New York Times best-selling author David Lawrence, Temi Abad, and Eric Cabahug, and is directed by Robert Quilao.

The film, developed and animated by Glass House Graphics and Cutting Edge Productions, boasts Red Giant's Benny Powell, Isen Robbins, and Aimee Schoof as producers. Working with Strategic Film Partners, Robbins and Schoof will oversee worldwide theatrical and DVD/Blu-Ray distribution as well.

"This is just the first step in our ongoing plans to bring content from Asian and other markets to the U.S. digital world," explains Powell. "We've already seen an explosion of viewers on platforms such as Hulu for Asian translations. Our connections and experience in this realm have given us inroads to this market as well. Many negotiations are already underway, with more announcements to follow soon."

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

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