FAMILY ROOM +++ Al Pacino, Morgan Freeman, Kevin Spacy +++ - 500 Beiträge pro Seite
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Gestern kamen nachbörslich hervorragende NEWS...BALD SCHULDENFREI...
Family Room Pushes Up Debt Free Projections
LOS ANGELES--(BUSINESS WIRE)--July 21, 2004--Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY), is pleased to announce that it anticipates being dept free sooner than projected. Family Room had originally planned to have all corporate debt paid off and removed from the corporate balance sheet by December 31, 2004. However, in light of the income that is projected for the first quarter of Fiscal 2005, Family Room anticipates being able to pay off all corporate debt, thereby strengthening the balance sheet considerably.
In light of the record number of films slated to go into production during fiscal 2005, the management at Family Room feels the elimination of all corporate debt will reduce expenses and allow the company to turn profitable as soon as possible.
The announcement is based, in part, on the income from two forthcoming projects "AMITYVILLE" and "SUBMERGED." "AMITYVILLE" is slated to begin filming on August 2, 2004, which will trigger payment to Emmett/Furla Films (Emmett/Furla Films has already been guaranteed this payment by means of being "pay-or-play"). "SUBMERGED" is also scheduled to begin principal photography on August 2, 2004 and thus, payment will also begin in connection with this project.
Family Room Entertainment Corporation, with its subsidiaries, Emmett Furla Films Productions, Emmett Furla Films Distribution and EFF Independent, is a publicly held company trading on the NASDAQ Bulletin Board under the symbol "FMLY." Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment`s aim is to create and produce high quality motion pictures with high profile talent that can be distributed to a worldwide audience. FMLY derives its income from producer fees, consulting and service fees as well as its participation in the profits of the various pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and produce motion pictures which are in the moderate to higher level budgets, which can be distributed to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, which are not historical facts, are forward-looking statements as they are defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
CONTACT: Family Room Entertainment
Investor Relations, 310-659-9411, ext. 127
SOURCE: Family Room Entertainment Corporation
GN
Family Room Pushes Up Debt Free Projections
LOS ANGELES--(BUSINESS WIRE)--July 21, 2004--Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY), is pleased to announce that it anticipates being dept free sooner than projected. Family Room had originally planned to have all corporate debt paid off and removed from the corporate balance sheet by December 31, 2004. However, in light of the income that is projected for the first quarter of Fiscal 2005, Family Room anticipates being able to pay off all corporate debt, thereby strengthening the balance sheet considerably.
In light of the record number of films slated to go into production during fiscal 2005, the management at Family Room feels the elimination of all corporate debt will reduce expenses and allow the company to turn profitable as soon as possible.
The announcement is based, in part, on the income from two forthcoming projects "AMITYVILLE" and "SUBMERGED." "AMITYVILLE" is slated to begin filming on August 2, 2004, which will trigger payment to Emmett/Furla Films (Emmett/Furla Films has already been guaranteed this payment by means of being "pay-or-play"). "SUBMERGED" is also scheduled to begin principal photography on August 2, 2004 and thus, payment will also begin in connection with this project.
Family Room Entertainment Corporation, with its subsidiaries, Emmett Furla Films Productions, Emmett Furla Films Distribution and EFF Independent, is a publicly held company trading on the NASDAQ Bulletin Board under the symbol "FMLY." Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment`s aim is to create and produce high quality motion pictures with high profile talent that can be distributed to a worldwide audience. FMLY derives its income from producer fees, consulting and service fees as well as its participation in the profits of the various pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and produce motion pictures which are in the moderate to higher level budgets, which can be distributed to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, which are not historical facts, are forward-looking statements as they are defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
CONTACT: Family Room Entertainment
Investor Relations, 310-659-9411, ext. 127
SOURCE: Family Room Entertainment Corporation
GN
Und hier die letzte Empfehlung des OBERBAYRISCHEN BÖRSENBRIEFES vom 19.07.04...Kursziel 0,18 USD...
Die Experten von "Oberbayerischer Börsenbrief" stufen die Aktie von Family Room Entertainment (ISIN US30705R1059/ WKN 767727) mit "spekulativ kaufen" ein.
Im Jahr 2000 gegründet, decke die in Los Angeles ansässige Family Room Entertainment mehrere Bereiche des Filmgeschäfts ab. Neben der Entwicklung und Produktion sei das Unternehmen im Filmvertrieb tätig. Die aufstrebende Produktionsgesellschaft kümmere sich zudem um die Finanzierung sowie um den Internetkontent zur Unterstützung der Filmprojekte. Das Hauptaugenmerk des Vertriebs richte das Untenehmen dabei in erster Linie auf die USA und Kanada, wobei eine Ausweitung auf die weltweiten Märkte angestrebt werde. Umgesetzt würden die einzelnen Teilbereiche wie Entwicklung, Produktion und Vertrieb durch die drei 100%igen Tochtergesellschaften Emmett/Furla Films Productions Corporation, Emmett Furla Films Distribution LLC und EFF Entertainment, Inc.
Family Room Entertainmet habe momentan mehrere Filmprojekte in der Pipeline, wobei der Trend eindeutig zu immer größeren Produktionen gehe. Als absolutes Qualitätsmerkmal erachte man dabei die Tatsache, dass für die kommenden Filme Hollywoodgrößen wie Al Pacino, Morgan Freeman oder Kevin Spacy, um nur einige zu nennen, hätten gewonnen werden können. Als wahren Meilenstein sehe man zweifelsohne die Produktion "88 Minutes", ein Thriller mit Al Pacino, bei dem noch im August diesen Jahres die Dreharbeiten beginnen sollten.
Unter der Voraussetzung, dass der Streifen mehr als die Kosten einspiele, erhalte Family Room Entertainment bei dieser Produktion statt der bisherigen kleinen Beteiligung am Gewinn des Produzenten erstmalig eine Beteiligung an den gesamten Einspielerlösen. Werde der Film tatsächlich zum Kassenschlager, würde dies den endgültigen Durchbruch für Family Room Entertainment bedeuten. Man solle dabei auch bedenken, dass der momentane Börsenwert bei lediglich 5 Mio. USD liege und somit schon der Erfolg eines einzelnen Projekts einen enormen Schub für die Aktie bedeuten könnte.
Charttechnisch präsentiere sich die Aktie seit Anfang des Jahres in schwacher Verfassung und habe dabei rund die Hälft ihres Werts eingebüßt. Da Family Room Entertainment momentan eine Reihe hochinteressanter Filmprojekte in der Pipeline habe, sehe man diesen Kursrutsch weniger problematisch, sondern eher noch als Chance günstig Position ausbauen zu können. Auch der Indikatorenseite, wie zum Beispiel dem RSI und der Stochastik, die momentan im neutralen Bereich notieren würden, schenke man bei diesem Titel weniger Beachtung, da man in erster Linie auf die baldige Erfolge bei den Filmprojekten setze. Nichtsdestotrotz halte man es dennoch für unumgänglich bestehende Positionen bzw. Neuengagement mit einem Stopp-Loss abzusichern.
Auch wenn Family Room Entertainment in jüngster Vergangenheit eine Reihe von Erfolgsmeldungen veröffentlicht habe und die Chancen nach Einschätzung der Experten ausgezeichnet stünden, dass die Produktionen auf breites Interesse stoßen würden oder möglicherweise sogar ein Kassenschlager darunter sei, dürften die Risiken nicht außer Acht gelassen werden. Den überproportionalen Wachstumsperspektiven stehe andererseits ein entsprechend höheres Risiko gegenüber, das bei der Investitionsentscheidung nicht vernachlässigt werden dürfe. Man solle zudem daran denken, seine Orders streng zu limitieren und die Position mit einem Stopp-Loss abzusichern.
Die Experten von "Oberbayerischer Börsenbrief" empfehlen die Aktie von Family Room Entertainment spekulativ zu kaufen. Das Kursziel liege bei 0,18 USD.
GN
Die Experten von "Oberbayerischer Börsenbrief" stufen die Aktie von Family Room Entertainment (ISIN US30705R1059/ WKN 767727) mit "spekulativ kaufen" ein.
Im Jahr 2000 gegründet, decke die in Los Angeles ansässige Family Room Entertainment mehrere Bereiche des Filmgeschäfts ab. Neben der Entwicklung und Produktion sei das Unternehmen im Filmvertrieb tätig. Die aufstrebende Produktionsgesellschaft kümmere sich zudem um die Finanzierung sowie um den Internetkontent zur Unterstützung der Filmprojekte. Das Hauptaugenmerk des Vertriebs richte das Untenehmen dabei in erster Linie auf die USA und Kanada, wobei eine Ausweitung auf die weltweiten Märkte angestrebt werde. Umgesetzt würden die einzelnen Teilbereiche wie Entwicklung, Produktion und Vertrieb durch die drei 100%igen Tochtergesellschaften Emmett/Furla Films Productions Corporation, Emmett Furla Films Distribution LLC und EFF Entertainment, Inc.
Family Room Entertainmet habe momentan mehrere Filmprojekte in der Pipeline, wobei der Trend eindeutig zu immer größeren Produktionen gehe. Als absolutes Qualitätsmerkmal erachte man dabei die Tatsache, dass für die kommenden Filme Hollywoodgrößen wie Al Pacino, Morgan Freeman oder Kevin Spacy, um nur einige zu nennen, hätten gewonnen werden können. Als wahren Meilenstein sehe man zweifelsohne die Produktion "88 Minutes", ein Thriller mit Al Pacino, bei dem noch im August diesen Jahres die Dreharbeiten beginnen sollten.
Unter der Voraussetzung, dass der Streifen mehr als die Kosten einspiele, erhalte Family Room Entertainment bei dieser Produktion statt der bisherigen kleinen Beteiligung am Gewinn des Produzenten erstmalig eine Beteiligung an den gesamten Einspielerlösen. Werde der Film tatsächlich zum Kassenschlager, würde dies den endgültigen Durchbruch für Family Room Entertainment bedeuten. Man solle dabei auch bedenken, dass der momentane Börsenwert bei lediglich 5 Mio. USD liege und somit schon der Erfolg eines einzelnen Projekts einen enormen Schub für die Aktie bedeuten könnte.
Charttechnisch präsentiere sich die Aktie seit Anfang des Jahres in schwacher Verfassung und habe dabei rund die Hälft ihres Werts eingebüßt. Da Family Room Entertainment momentan eine Reihe hochinteressanter Filmprojekte in der Pipeline habe, sehe man diesen Kursrutsch weniger problematisch, sondern eher noch als Chance günstig Position ausbauen zu können. Auch der Indikatorenseite, wie zum Beispiel dem RSI und der Stochastik, die momentan im neutralen Bereich notieren würden, schenke man bei diesem Titel weniger Beachtung, da man in erster Linie auf die baldige Erfolge bei den Filmprojekten setze. Nichtsdestotrotz halte man es dennoch für unumgänglich bestehende Positionen bzw. Neuengagement mit einem Stopp-Loss abzusichern.
Auch wenn Family Room Entertainment in jüngster Vergangenheit eine Reihe von Erfolgsmeldungen veröffentlicht habe und die Chancen nach Einschätzung der Experten ausgezeichnet stünden, dass die Produktionen auf breites Interesse stoßen würden oder möglicherweise sogar ein Kassenschlager darunter sei, dürften die Risiken nicht außer Acht gelassen werden. Den überproportionalen Wachstumsperspektiven stehe andererseits ein entsprechend höheres Risiko gegenüber, das bei der Investitionsentscheidung nicht vernachlässigt werden dürfe. Man solle zudem daran denken, seine Orders streng zu limitieren und die Position mit einem Stopp-Loss abzusichern.
Die Experten von "Oberbayerischer Börsenbrief" empfehlen die Aktie von Family Room Entertainment spekulativ zu kaufen. Das Kursziel liege bei 0,18 USD.
GN
Hier noch eine Kaufempfehlung vom SWISS FINANCIAL REPORT vom 03.06.04...Kursziel 0,25 USD...
SFR: Kaufempfehlung Family Room Entertainment
03.06.2004 (08:14)
Kaufempfehlung Family Room Entertainment
Vertrag mit Hollywood-Star Al Pacino bringt Aktie 300% Potential
Al Pacino ist einer der ganz großen Hollywood-Stars. Filme wie „Der Pate“, „Der Duft der Frauen“, „Insomnia-Schlaflos“ oder „Im Auftrag des Teufels“ wurden gerade durch seine hohe Bekanntheit und seine Schauspielkunst zu absoluten Kassenschlagern. Sollte es einer kleineren unabhängigen Filmproduzenten-Gesellschaft gelingen mit Al Pacino ins Geschäft zu kommen, dann könnte dies der Beginn einer neuen Ära dieses Unternehmens werden. Und genau das ist der kanadischen Family Room Entertainment (WKN: 767727) gelungen: Für das nächste Hauptprojekt, einem dramatischen Thriller, konnte mit Al Pacino ein Hollywood-Veteran gewonnen werden. Der Start der Dreharbeiten ist für den Monat August angesetzt und das Budget beträgt diesmal satte 30 Mio. US-Dollar.
Für das Gesamtjahr gehen die Aktien-Experten nun von einer 200%-igen Umsatzsteigerung auf 4 Mio. USD bei einem positiven Ergebnis aus und rechnen in den nächsten Wochen mit der Bekanntgabe von weiteren positiven Neuigkeiten. Die Aktie wird mit einem Kursziel von 0,25 US-Dollar auf Sicht von sechs Monaten zum Kauf empfohlen. Aktuell notiert die Aktie bei 0,09 US-Dollar. Das Papier wird auch spesengünstig in Berlin gehandelt. PDF-Datei laden
Der link dazu...http://www.financial.de/pdf/Ausgabe_33_2004.pdf
GN
SFR: Kaufempfehlung Family Room Entertainment
03.06.2004 (08:14)
Kaufempfehlung Family Room Entertainment
Vertrag mit Hollywood-Star Al Pacino bringt Aktie 300% Potential
Al Pacino ist einer der ganz großen Hollywood-Stars. Filme wie „Der Pate“, „Der Duft der Frauen“, „Insomnia-Schlaflos“ oder „Im Auftrag des Teufels“ wurden gerade durch seine hohe Bekanntheit und seine Schauspielkunst zu absoluten Kassenschlagern. Sollte es einer kleineren unabhängigen Filmproduzenten-Gesellschaft gelingen mit Al Pacino ins Geschäft zu kommen, dann könnte dies der Beginn einer neuen Ära dieses Unternehmens werden. Und genau das ist der kanadischen Family Room Entertainment (WKN: 767727) gelungen: Für das nächste Hauptprojekt, einem dramatischen Thriller, konnte mit Al Pacino ein Hollywood-Veteran gewonnen werden. Der Start der Dreharbeiten ist für den Monat August angesetzt und das Budget beträgt diesmal satte 30 Mio. US-Dollar.
Für das Gesamtjahr gehen die Aktien-Experten nun von einer 200%-igen Umsatzsteigerung auf 4 Mio. USD bei einem positiven Ergebnis aus und rechnen in den nächsten Wochen mit der Bekanntgabe von weiteren positiven Neuigkeiten. Die Aktie wird mit einem Kursziel von 0,25 US-Dollar auf Sicht von sechs Monaten zum Kauf empfohlen. Aktuell notiert die Aktie bei 0,09 US-Dollar. Das Papier wird auch spesengünstig in Berlin gehandelt. PDF-Datei laden
Der link dazu...http://www.financial.de/pdf/Ausgabe_33_2004.pdf
GN
In USA "nur" 4% im plus, aber schon über 1,7 Mio. Stücke gehandelt...
GN
GN
Deshalb...
Family Room Predicts Profits in 1st Quarter of 2005
LOS ANGELES--(BUSINESS WIRE)--July 22, 2004--Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY), is pleased to announce that it predicts it will be profitable for the first quarter of Fiscal 2005.
Based on the income to be derived from "AMITYVILLE" and "SUBMERGED," which are both scheduled to begin filming on August 2, 2004, Family Room anticipates being not only cash-flow positive, but to also be able to show a profit on the financial statements for the first quarter of fiscal 2005.
"AMITYVILLE" is scheduled to begin production for MGM and Miramax on August 2, which will trigger the payment due to Family Room. "SUBMERGED" is slated to begin filming on August 2nd in Sofia, Bulgaria. "SUBMERGED" will star Steven Seagal.
Family Room Entertainment Corporation, with its subsidiaries, Emmett/Furla Films Productions, Emmett/Furla Films Distribution and EFF Independent, is a publicly held company trading on the NASDAQ Bulletin Board under the symbol "FMLY." Family Room Entertainment develops, produces and performs production-related services for the entertainment industry. Family Room Entertainment`s aim is to create and produce high quality motion pictures with high profile talent that can be distributed to a worldwide audience. FMLY derives its income from producer fees, consulting and service fees as well as its participation in the profits of the various pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and produce motion pictures which are in the moderate to higher level budgets, which can be distributed to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, which are not historical facts, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those, projected.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward- looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
GN
Family Room Predicts Profits in 1st Quarter of 2005
LOS ANGELES--(BUSINESS WIRE)--July 22, 2004--Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY), is pleased to announce that it predicts it will be profitable for the first quarter of Fiscal 2005.
Based on the income to be derived from "AMITYVILLE" and "SUBMERGED," which are both scheduled to begin filming on August 2, 2004, Family Room anticipates being not only cash-flow positive, but to also be able to show a profit on the financial statements for the first quarter of fiscal 2005.
"AMITYVILLE" is scheduled to begin production for MGM and Miramax on August 2, which will trigger the payment due to Family Room. "SUBMERGED" is slated to begin filming on August 2nd in Sofia, Bulgaria. "SUBMERGED" will star Steven Seagal.
Family Room Entertainment Corporation, with its subsidiaries, Emmett/Furla Films Productions, Emmett/Furla Films Distribution and EFF Independent, is a publicly held company trading on the NASDAQ Bulletin Board under the symbol "FMLY." Family Room Entertainment develops, produces and performs production-related services for the entertainment industry. Family Room Entertainment`s aim is to create and produce high quality motion pictures with high profile talent that can be distributed to a worldwide audience. FMLY derives its income from producer fees, consulting and service fees as well as its participation in the profits of the various pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and produce motion pictures which are in the moderate to higher level budgets, which can be distributed to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, which are not historical facts, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those, projected.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward- looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
GN
Trading Spotlight
NEWS von gestern...liest sich doch gut...
Family Room Entertainment Project Status Report
LOS ANGELES--(BUSINESS WIRE)--July 27, 2004--Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY), would like to give a status report on projects that are in development and/or slated for production in calendar year 2004.
The following projects are slated for production in 2004:
-- "SUBMERGED," starring Steven Seagal, is scheduled to begin
filming August 1st.
-- "THE AMITYVILLE HORROR" is scheduled to begin filming on
August 2nd.
-- "MERCENARY," which stars Steven Seagal, is scheduled to begin
filming on October 15th.
-- "88 MINUTES," which stars Al Pacino, is scheduled to begin
filming in January of 2005.
Family Room, through its various subsidiaries, is in active development on the following projects:
-- Emmett/Furla Films is in final negotiations with two-time
Academy Award nominee, Bruce Beresford, to direct "THE
CONTRACT."
-- "MICRONAUTS," which is based on the 1970s and 80s toy line and
featured in almost 200 Marvel Comics issues, is in active
development.
-- "ABOMINABLE SNOWMAN" is in active development.
-- "ROOM SERVICE," based on the novel by Beverly Brandt, is in
active development.
-- "RIN TIN TIN," based on the true story of the abandoned puppy
found on a World War I battlefield, is in final stages of
legal clearance.
Family Room, through its various subsidiaries, has acquired the following new properties:
-- "LOVE AND HATE," by Roderick Taylor and Bruce Taylor, is the
story of an insane woman seeking retribution against her
childhood friend
-- "UNTRACEABLE," by Robert Fyvolent and Mark Brinker, is the
story of an FBI agent who must track down a serial killer who
is using the internet to trap and kill his victims.
The following project was recently completed:
-- "EDISON," which stars Morgan Freeman, Kevin Spacey, Justin
Timberlake and LL Cool J, along with the recent additions of
Piper Perabo, Dylan McDermott and Cary Elwes, has completed
principal photography and is currently in post-production.
Family Room Entertainment Corporation, with its subsidiaries, Emmett/Furla Films Productions, Emmett/Furla Films Distribution and EFF Independent, is a publicly held company trading on the Nasdaq Bulletin Board under the symbol "FMLY." Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment`s aim is to create and produce high quality motion pictures with high profile talent that can be distributed to a worldwide audience. FMLY derives its income from producer fees, consulting and service fees as well as its participation in the profits of the various pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and produce motion pictures which are in the moderate to higher level budgets, which can be distributed to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, which are not historical facts, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward- looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
CONTACT: Family Room Entertainment
Investor Relations, 310-659-9411, x127
SOURCE: Emmett/Furla Films
GN
Family Room Entertainment Project Status Report
LOS ANGELES--(BUSINESS WIRE)--July 27, 2004--Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY), would like to give a status report on projects that are in development and/or slated for production in calendar year 2004.
The following projects are slated for production in 2004:
-- "SUBMERGED," starring Steven Seagal, is scheduled to begin
filming August 1st.
-- "THE AMITYVILLE HORROR" is scheduled to begin filming on
August 2nd.
-- "MERCENARY," which stars Steven Seagal, is scheduled to begin
filming on October 15th.
-- "88 MINUTES," which stars Al Pacino, is scheduled to begin
filming in January of 2005.
Family Room, through its various subsidiaries, is in active development on the following projects:
-- Emmett/Furla Films is in final negotiations with two-time
Academy Award nominee, Bruce Beresford, to direct "THE
CONTRACT."
-- "MICRONAUTS," which is based on the 1970s and 80s toy line and
featured in almost 200 Marvel Comics issues, is in active
development.
-- "ABOMINABLE SNOWMAN" is in active development.
-- "ROOM SERVICE," based on the novel by Beverly Brandt, is in
active development.
-- "RIN TIN TIN," based on the true story of the abandoned puppy
found on a World War I battlefield, is in final stages of
legal clearance.
Family Room, through its various subsidiaries, has acquired the following new properties:
-- "LOVE AND HATE," by Roderick Taylor and Bruce Taylor, is the
story of an insane woman seeking retribution against her
childhood friend
-- "UNTRACEABLE," by Robert Fyvolent and Mark Brinker, is the
story of an FBI agent who must track down a serial killer who
is using the internet to trap and kill his victims.
The following project was recently completed:
-- "EDISON," which stars Morgan Freeman, Kevin Spacey, Justin
Timberlake and LL Cool J, along with the recent additions of
Piper Perabo, Dylan McDermott and Cary Elwes, has completed
principal photography and is currently in post-production.
Family Room Entertainment Corporation, with its subsidiaries, Emmett/Furla Films Productions, Emmett/Furla Films Distribution and EFF Independent, is a publicly held company trading on the Nasdaq Bulletin Board under the symbol "FMLY." Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment`s aim is to create and produce high quality motion pictures with high profile talent that can be distributed to a worldwide audience. FMLY derives its income from producer fees, consulting and service fees as well as its participation in the profits of the various pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and produce motion pictures which are in the moderate to higher level budgets, which can be distributed to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, which are not historical facts, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward- looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
CONTACT: Family Room Entertainment
Investor Relations, 310-659-9411, x127
SOURCE: Emmett/Furla Films
GN
FAMILY ROOM macht ganz locker seinen Weg...jeden Tag ein paar Prozent...gerade 0,084 USD in New York...unbehelligt von den wilden Diskussionen hier on board...auch mal was schönes...
GN
GN
Was ist denn da in Frankfurt passiert ???
Ein Kauf zu 0,09 €, zwar nur 4.600 Stück, aber.....
Ob da Jemand eine heisse Info hat ????
Ein Kauf zu 0,09 €, zwar nur 4.600 Stück, aber.....
Ob da Jemand eine heisse Info hat ????
Der Käufer in Ffm ist unerfahren sonst würde er nicht diese geringe Menge in D kaufen. FMLY sollte man nicht in D handeln wegen der extrem geringen Volumina: Wie will er die Aktien eigentlich wieder verkaufen wenn in D kein Interesse besteht und er sie loswerden will!!! Sehr dumm da er in den USA seine paar Papiere nicht verkaufen kann wegen der Problematik der Aufbewahrung in D.
Anfang d.M. sollte der Drehbeginn für 2 Filme mit einem Kapital von 30 Mio Dollars sein. Sobald wir hier eine positive Mitteilung über den Drehbeginn mit den genannten Stars bekommen, dürfte der Kurs in USA eine Satz nach oben machen ( ich denke bis ca 0,15 USD !! )
....so schnell glaube ich trotz meines engagements in FMLY (break even $.77) nicht an 0,15, der Markt ist z.Zt. noch ziemlich bearish und FMLY muß weit mehr liefern als nur den Drehbeginn zweier Filmen selbst mit namhaften Stars. Der Martk ist nicht nur generell schweirig sondern Filmtitel sind besonders heikel.
Allerdings glaube ich an eine gute Story-Entwicklung ins Jahr 2005 hinein.
Wenn man aber wirklich profitieren wollte, ist es ein MU? jetzt zu kaufen. Charttechnisch geht seit langem kaum noch was nach unten, also ein exzellenter Boden. Und Kauf-Interesse ist ja bewiesenermaßen immer vorhanden gewesen.
Allerdings glaube ich an eine gute Story-Entwicklung ins Jahr 2005 hinein.
Wenn man aber wirklich profitieren wollte, ist es ein MU? jetzt zu kaufen. Charttechnisch geht seit langem kaum noch was nach unten, also ein exzellenter Boden. Und Kauf-Interesse ist ja bewiesenermaßen immer vorhanden gewesen.
Es geht voran...
NEWS!!!
Family Room Sings ``Love Song for Bobby Long`` in Venice
LOS ANGELES--(BUSINESS WIRE)--Aug. 10, 2004--Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY), is very excited to announce that "LOVE SONG FOR BOBBY LONG" has been accepted and will premiere at this year`s Venice Film Festival. "LOVE SONG FOR BOBBY LONG," which was co-executive produced by Emmett/Furla Film`s Randall Emmett and George Furla, stars John Travolta and two-time Golden Globe nominee Scarlett Johansson, who won last year at Venice for her performance in "LOST IN TRANSLATION."
"LOVE SONG FOR BOBBY LONG," which was filmed on location in New Orleans, was directed by Shaniee Gable and was produced by Bob Yari and Paul Miller. The Picture will be distributed by Screen Gems.
Co-Chairs Randall Emmett and George Furla stated: "Although `LOVE SONG FOR BOBBY LONG` will not have an overall positive impact on the bottom line of Family Room Entertainment, we believe that `prestige` pictures like `LOVE SONG FOR BOBBY LONG` are good for our company in that they allow us to grow and strengthen our relationships within the entertainment community."
Family Room Entertainment Corporation, with its subsidiaries, Emmett Furla Films Productions, Emmett Furla Films Distribution and EFF Independent, is a publicly held company trading on the NASDAQ Bulletin Board under the symbol "FMLY." Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment`s aim is to create and produce high quality motion pictures with high profile talent that can be distributed to a worldwide audience. FMLY derives its income from producer fees, consulting and service fees as well as its participation in the profits of the various pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and produce motion pictures which are in the moderate to higher level budgets, which can be distributed to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, which are not historical facts, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward- looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
GN
NEWS!!!
Family Room Sings ``Love Song for Bobby Long`` in Venice
LOS ANGELES--(BUSINESS WIRE)--Aug. 10, 2004--Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY), is very excited to announce that "LOVE SONG FOR BOBBY LONG" has been accepted and will premiere at this year`s Venice Film Festival. "LOVE SONG FOR BOBBY LONG," which was co-executive produced by Emmett/Furla Film`s Randall Emmett and George Furla, stars John Travolta and two-time Golden Globe nominee Scarlett Johansson, who won last year at Venice for her performance in "LOST IN TRANSLATION."
"LOVE SONG FOR BOBBY LONG," which was filmed on location in New Orleans, was directed by Shaniee Gable and was produced by Bob Yari and Paul Miller. The Picture will be distributed by Screen Gems.
Co-Chairs Randall Emmett and George Furla stated: "Although `LOVE SONG FOR BOBBY LONG` will not have an overall positive impact on the bottom line of Family Room Entertainment, we believe that `prestige` pictures like `LOVE SONG FOR BOBBY LONG` are good for our company in that they allow us to grow and strengthen our relationships within the entertainment community."
Family Room Entertainment Corporation, with its subsidiaries, Emmett Furla Films Productions, Emmett Furla Films Distribution and EFF Independent, is a publicly held company trading on the NASDAQ Bulletin Board under the symbol "FMLY." Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment`s aim is to create and produce high quality motion pictures with high profile talent that can be distributed to a worldwide audience. FMLY derives its income from producer fees, consulting and service fees as well as its participation in the profits of the various pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and produce motion pictures which are in the moderate to higher level budgets, which can be distributed to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, which are not historical facts, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward- looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
GN
Und jetzt geht es nach oben...0,083 USD...+8%...
GN
GN
Per 23.09. pusht der OBB nochmals den Wert; zukaufen oder mit einem blauen Auge -statt 3 - 5- aussteigen 
Zukaufen und 12 Monate liegen lassen
PS. Was heißt hier `pushen`? Was gibt es bei diesem Kurs zu pushen? Wir sind unter $ .10 und bei historisch niedrigstens Kursen. Wer hier Angst hat einzusteigen sollte seine Finger von OTC Aktien lassen!
Ich bin meine 25.000 Stück heute morgen um 9.5o Uhr in Berlin noch für 0,079 € losgeworden: !!!!
Von da an ging`s bergab.
Ich meine, dass ich -wenn ich möchte-- diesen Wert etwa Mitte Oktober für 0,05 € wieder kaufen kann !!
!!!!Von da an ging`s bergab.
Ich meine, dass ich -wenn ich möchte-- diesen Wert etwa Mitte Oktober für 0,05 € wieder kaufen kann !!
Habe meine 25.000 Stück heute morgen um 9.5o Uhr in Berlin noch für 0,079 € vertickt!
Von da an ging`s bergab !!!
Ich denke dass man FMLY in 4 bis 6 Wochen, sofern man will, wieder für ca. 0,05 € kaufen kann um dann evtl. bis in 2005 liegen zu lassen !
Von da an ging`s bergab !!!
Ich denke dass man FMLY in 4 bis 6 Wochen, sofern man will, wieder für ca. 0,05 € kaufen kann um dann evtl. bis in 2005 liegen zu lassen !
# 18 geschrieben weil mein PC mir anzeigte, dass # 17 getilt sei. Nun denn, doppelt genäht hält besser !!!
€ 1900 umgesetzt? Na, macht wohl sagenhafte 200-300 Gewinn?!Umwerfend LOL
Interessanter aktueller Newsletter des OTC-Journals. Schließe mich der Meinung an daß erst 2005 entscheidendes bei FMLY geschehen wird. Bis dahin imo Flaute.
Family Room Entertainment (OTC BB: FMLY); 2005 Should Be a Breakout Year
Family Room has not joined the post summer rebound party yet, but it`s still early in the game. The best moves generally come after the third week in October. The stock, which started 2004 at $.105, jumped up a little in the first quarter, but has been in the doldrums ever since. It currently trades between $.07 and $.08 as if it were asleep.
As of the end of June there were 87 million shares issued and outstanding, equating to a $6.5 million market valuation. Family Room engaged in several toxic equity financings in 2003, and the dilutive effect of excess supply is being felt in the stock to this day.
FMLY, through wholly owned subsidiary Emmett/Furla Productions, is an independent film producer. The company has produced dozens of movies, most of which went straight to cable. Their revenues have come from producer fees which only amount to several hundred thousand dollars per movie. The upside is in the producer profits the company could make off a hit movie.
Emmett/Furla is beginning to prosper in a meaningful way. In the spring they finished production on Edison, starring Kevin Spacey, Morgan Freeman, Justin Timberlake, and LL Cool J. The film is in post production right now. FMLY is getting ready to show the film to potential distributors. The film should show up in movie theaters in the late Spring or early Summer of next year. If the film eclipses $40 million at the box office, FMLY stands to make substantial money from producer profits.
88 minutes, starring Al Pacino, is scheduled to begin production in January. This film is a major breakthrough for the company. For the first time in the history, Family Room will have box office bonuses. In the past, Family Room has only had a percentage of the producer profits, which can be an elusive result. On this film, Family Room will have bonus payments as the film hits certain box office performance levels. No profit calculation is required. Therefore, the upside for shareholders on this one is much enhanced.
Friday, after the market closed, Family Room announced it will begin production on another Steven Seagal movie. They just wrapped up production on one Seagal movie, and are already beginning work on another.
They are currently producing a previously undisclosed movie starring Snoop Dog- details to be disclosed at a future time. Family Room has not publicized the film, but it has been reported on in Variety.
Family Room expects to go into production on approximately seven new movies in the first half of 2005. These projects have not been formally announced. Several have scripts, budgets, and directors. Commitments are being solicited from the prospective cast members, and the names being discussed take the company to a whole new level.
The American Film Markets Convention takes place the first week of November. At the convention, Family Room will be disclosing the number and scope of the films it plans to produce in the first half of 2005. We will then learn the details of 2005`s calendar.
The chart you see tracks the performance of FMLY in 2004. The formation is known as a "Regression Channel". This stock needs to reverse course and break out of this long term bearish regression channel. A solid break above the blue line would be very bullish.
I believe three factors are working in our favor. First, the toxic supply of stock which has been plaguing this particular issue has been mostly absorbed by the market. Volume like we had in the first quarter should send the stock back up. The caveat- there have been technical disappointments in the past and my track record is poor on this stock.
Second, the size, scope, and talent associated with the slate of new films scheduled for next year should bring some interest to the stock.
Third, FMLY has publicly stated it will turn cash flow positive off operations from producer fees alone in fiscal 2005 (it started July 1). This means the company doesn`t need to engage in any more toxic financings.
In short, I believe long suffering shareholders are on the brink of seeing a recovery. For you penny stock lovers, look for FMLY to follow the likes of NWKI, VTSI, and HYPD over the next month.
Family Room Entertainment (OTC BB: FMLY); 2005 Should Be a Breakout Year
Family Room has not joined the post summer rebound party yet, but it`s still early in the game. The best moves generally come after the third week in October. The stock, which started 2004 at $.105, jumped up a little in the first quarter, but has been in the doldrums ever since. It currently trades between $.07 and $.08 as if it were asleep.
As of the end of June there were 87 million shares issued and outstanding, equating to a $6.5 million market valuation. Family Room engaged in several toxic equity financings in 2003, and the dilutive effect of excess supply is being felt in the stock to this day.
FMLY, through wholly owned subsidiary Emmett/Furla Productions, is an independent film producer. The company has produced dozens of movies, most of which went straight to cable. Their revenues have come from producer fees which only amount to several hundred thousand dollars per movie. The upside is in the producer profits the company could make off a hit movie.
Emmett/Furla is beginning to prosper in a meaningful way. In the spring they finished production on Edison, starring Kevin Spacey, Morgan Freeman, Justin Timberlake, and LL Cool J. The film is in post production right now. FMLY is getting ready to show the film to potential distributors. The film should show up in movie theaters in the late Spring or early Summer of next year. If the film eclipses $40 million at the box office, FMLY stands to make substantial money from producer profits.
88 minutes, starring Al Pacino, is scheduled to begin production in January. This film is a major breakthrough for the company. For the first time in the history, Family Room will have box office bonuses. In the past, Family Room has only had a percentage of the producer profits, which can be an elusive result. On this film, Family Room will have bonus payments as the film hits certain box office performance levels. No profit calculation is required. Therefore, the upside for shareholders on this one is much enhanced.
Friday, after the market closed, Family Room announced it will begin production on another Steven Seagal movie. They just wrapped up production on one Seagal movie, and are already beginning work on another.
They are currently producing a previously undisclosed movie starring Snoop Dog- details to be disclosed at a future time. Family Room has not publicized the film, but it has been reported on in Variety.
Family Room expects to go into production on approximately seven new movies in the first half of 2005. These projects have not been formally announced. Several have scripts, budgets, and directors. Commitments are being solicited from the prospective cast members, and the names being discussed take the company to a whole new level.
The American Film Markets Convention takes place the first week of November. At the convention, Family Room will be disclosing the number and scope of the films it plans to produce in the first half of 2005. We will then learn the details of 2005`s calendar.
The chart you see tracks the performance of FMLY in 2004. The formation is known as a "Regression Channel". This stock needs to reverse course and break out of this long term bearish regression channel. A solid break above the blue line would be very bullish.
I believe three factors are working in our favor. First, the toxic supply of stock which has been plaguing this particular issue has been mostly absorbed by the market. Volume like we had in the first quarter should send the stock back up. The caveat- there have been technical disappointments in the past and my track record is poor on this stock.
Second, the size, scope, and talent associated with the slate of new films scheduled for next year should bring some interest to the stock.
Third, FMLY has publicly stated it will turn cash flow positive off operations from producer fees alone in fiscal 2005 (it started July 1). This means the company doesn`t need to engage in any more toxic financings.
In short, I believe long suffering shareholders are on the brink of seeing a recovery. For you penny stock lovers, look for FMLY to follow the likes of NWKI, VTSI, and HYPD over the next month.
Was denkt ihr wo Family room stehen wir wenn 88 minutes mit Al Pacino über 100 Millionen Dollar einspielen sollte,bei 0,40,oder vielleicht sogar bei 0,50 euro?
Family Room Revenue Up by 1407% Over Previous Quarter
Wednesday November 17, 6:30 am ET
LOS ANGELES--(BUSINESS WIRE)--Nov. 17, 2004--Family Room Entertainment (OTCBB:FMLY - News) is pleased to announce that for the first quarter of Fiscal Year 2005, revenues have increased by 731% over the same quarter of 2004. Revenues for the first quarter of 2005 totaled $975,557; up from $133,500 for first quarter 2004. In addition, this increase in revenues is an increase of 1409% over fourth quarter of Fiscal Year 2004, which had revenues of only $69,233.
The first quarter of Fiscal 2005 marks the first time in the company`s history that it has reported a Net Income. Net Income was $44,719 for the first quarter 2005, compared to a Net Loss of ($549,891) for the same period of Fiscal 2004, marking a 1,330% turn-around.
Family Room Co-chairman and CEO George Furla stated, "We are very pleased with the results of the period ending September 30, 2004, and we are very excited about the future of Family Room."
Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment, is currently prepping two $25 million plus projects: "88 MINUTES," with James Foley at the helm, and "THE CONTRACT," with two-time Academy Award Nominee Bruce Beresford directing. Currently in postproduction is Emmett/Furla`s "EDISON," writer/director David Burke`s feature film debut. "EDISON" stars Morgan Freeman, LL Cool J, Justin Timberlake and Kevin Spacey. Emmett/Furla Films recently world-premiered "A LOVE SONG FOR BOBBY LONG" at the Venice Film Festival. The Pic stars John Travolta and Scarlett Johansson. In addition, "THE AMITYVILLE HORROR," which Emmett/Furla Films set up with Millennium Films and Miramax/Dimension, is in post-production. Also in the early stages of pre-production is "THE ABOMINABLE SNOWMAN," which Emmett and Furla will produce with Ilya Salkind (Superman I, II, III).
Wednesday November 17, 6:30 am ET
LOS ANGELES--(BUSINESS WIRE)--Nov. 17, 2004--Family Room Entertainment (OTCBB:FMLY - News) is pleased to announce that for the first quarter of Fiscal Year 2005, revenues have increased by 731% over the same quarter of 2004. Revenues for the first quarter of 2005 totaled $975,557; up from $133,500 for first quarter 2004. In addition, this increase in revenues is an increase of 1409% over fourth quarter of Fiscal Year 2004, which had revenues of only $69,233.
The first quarter of Fiscal 2005 marks the first time in the company`s history that it has reported a Net Income. Net Income was $44,719 for the first quarter 2005, compared to a Net Loss of ($549,891) for the same period of Fiscal 2004, marking a 1,330% turn-around.
Family Room Co-chairman and CEO George Furla stated, "We are very pleased with the results of the period ending September 30, 2004, and we are very excited about the future of Family Room."
Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment, is currently prepping two $25 million plus projects: "88 MINUTES," with James Foley at the helm, and "THE CONTRACT," with two-time Academy Award Nominee Bruce Beresford directing. Currently in postproduction is Emmett/Furla`s "EDISON," writer/director David Burke`s feature film debut. "EDISON" stars Morgan Freeman, LL Cool J, Justin Timberlake and Kevin Spacey. Emmett/Furla Films recently world-premiered "A LOVE SONG FOR BOBBY LONG" at the Venice Film Festival. The Pic stars John Travolta and Scarlett Johansson. In addition, "THE AMITYVILLE HORROR," which Emmett/Furla Films set up with Millennium Films and Miramax/Dimension, is in post-production. Also in the early stages of pre-production is "THE ABOMINABLE SNOWMAN," which Emmett and Furla will produce with Ilya Salkind (Superman I, II, III).
LOS ANGELES--(BUSINESS WIRE)--Nov. 18, 2004--Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY - News), is pleased to announce that it has completed principal photography on motion picture entitled THE TENANTS, starring Dylan McDermott (TV`s THE PRACTICE) and Snoop Dogg (STARSKY AND HUTCH). Danny Green, who collaborated on the screenplay with David Diamond, is directing. The screenplay is based on the critically acclaimed novel of the same name by Pulitzer Prize winner Bernard Malamud. Malamud also wrote the novel, THE NATURAL, which as a movie went on to receive four Academy Award nominations. Rose Byrne and Seymour Cassel also star. Wiersma, Emmett and Furla along with Heidi Jo Markel and Lati Gorbman will produce the Picture with McDermott and Ted Chung co-producing and Chris Bongirne executive producing. Millennium Films is distributing the Picture.
Set in New York, THE TENANTS is the story of a writer, "Harry Lesser" (McDermott), struggling to finish his third novel, which he believes will restore his literary reputation. In the nearly abandoned apartment building in which he lives, another writer, "Willie Spearmint" (Snoop Dogg), moves in as a squatter and begins to write his first novel with an unmatched fervor. The two develop a tenuous friendship until a woman (Byrne) and their own demons come between them.
Co-chairs Randall Emmett and George Furla stated: "We are very excited about THE TENANTS. We believe major talents like Snoop Dogg and Dylan McDermott along with the vision of Danny Green will combine to produce a picture which could achieve critical and financial success."
Set in New York, THE TENANTS is the story of a writer, "Harry Lesser" (McDermott), struggling to finish his third novel, which he believes will restore his literary reputation. In the nearly abandoned apartment building in which he lives, another writer, "Willie Spearmint" (Snoop Dogg), moves in as a squatter and begins to write his first novel with an unmatched fervor. The two develop a tenuous friendship until a woman (Byrne) and their own demons come between them.
Co-chairs Randall Emmett and George Furla stated: "We are very excited about THE TENANTS. We believe major talents like Snoop Dogg and Dylan McDermott along with the vision of Danny Green will combine to produce a picture which could achieve critical and financial success."
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