via NEWMEDIAWIRE -- Wonderfilm Media Corporation (TSXV: WNDR)
(OTC: WDRFF), (“Wonderfilm” or the “Company”) and Voltage
Pictures announced today the two companies have signed a
four-picture production and financing deal, bolstering their
growing relationship. The new action-thriller “The 2nd” starring
Ryan Phillippe (Crash), is the first of the four films to be
produced under the deal.
Co-Starring Casper Van Dien (Starship Troopers)
and Gene Freeman (The Murder of Nicole Brown Simpson), “The 2nd”
tells the thrilling story of an estranged father (Phillippe) who
goes to pick up his son “Shawn” portrayed by Jack Griffo
(Nickelodeon’s The Thundermans), from college for the summer and
together they discover a plot to kidnap the daughter of a Supreme
Court Justice.
Currently in post-production, Brian Skiba (A
Woman’s Nightmare) directed “The 2nd", Adam Biddl (Crank) is the
film’s cinematographer and Academy Award winner Scott Conrad
(Rocky) is editing the film.
The co-financed feature is produced by Grodnik,
Skiba and Joss Tessier, and executive produced by Voltage’s CEO
Nicolas Chartier and the company’s President and COO Jonathan
Deckter. Voltage will be representing the film worldwide.
Deckter and Wonderfilm Media’s Daniel Grodnik
negotiated the 4-picture deal. “We have long enjoyed a great
relationship with Kirk (Shaw) and Dan at Wonderfilm that started
with The Hurt Locker,” said Deckter. “They are the ultimate
professionals with great taste and an eye for what audiences and
the marketplace are looking for. It’s the perfect partnership with
proven producers and I know we will all reap great rewards.”
“This is the first of four action films Wonderfilm
is co-financing and co-producing with Voltage Pictures,” said
Daniel Grodnik, founding partner of Wonderfilm Media. “Our plan is
to produce action stories that are replete with characters that can
generate sequels and spin-offs and are anchored by movie stars like
Ryan Phillippe who bring both talent and marquee value for the
global marketplace.”
In addition, this movie is one of 17 films set for
this year with an anticipated combined production budget of $75-$90
million.
Wonderfilm is also pleased to announce that the
common shares of the Company have been approved for trading on the
OTCQB Marketplace (“OTCQB”) and began trading July 10, 2019.
“The listing of our common stock on the OTCQB is
an important milestone for the development of Wonderfilm Media
Corporation,” stated Kirk Shaw, Chief Executive Officer.
“While Wonderfilm has been a fully reporting company for many years
and we hold ourselves to the highest compliance standards, we
believe that the broad exposure of the OTCQB will raise our
visibility within the investment community and improve the
liquidity of our common stock.”
ABOUT VOLTAGE PICTURES
Voltage Pictures, established in 2005, is a
privately held, film and television production, financing and sales
entity. Voltage has won six Academy Awards including Best Picture
for The Hurt Locker, and three Academy Awards for Dallas Buyers
Club. Recently released by Voltage is the blockbuster comedy I Feel
Pretty starring Amy Schumer, Michelle Williams, Emily Ratajkowski,
and Naomi Campbell, which had a wide theatrical release via STX
Entertainment in April 2018 and has since generated nearly $100m in
worldwide box office. Extremely Wicked, Shockingly Evil and
Vile starring Zac Efron, Lily Collins, Kaya Scodelario, Jim
Parsons, and John Malkovich premiered at the 2019 Sundance Film
Festival to great acclaim.
After based on the internationally
best-selling series of books by Anna Todd, debuted number one at
the box office in 17 international territories including Germany
and Italy when released in April 2019 and is currently the highest
grossing independent film of the year. The company is currently in
post-production on Eve directed by Tate Taylor and
starring Jessica Chastain, Colin Farrell, John Malkovich, Common,
Geena Davis, and Joan Chen.
Other titles released by Voltage include Colossal
starring Anne Hathaway released in April 2017 by Neon and A Family
Man starring Gerard Butler, and Keep Watching, starring Bella
Thorne which released by Screen Gems.
Voltage was a co-financier and sales agent for the
acclaimed Wind River, from Taylor Sheridan in his directorial
debut, starring Jeremy Renner and Elizabeth Olsen, which premiered
to rave reviews at the 2017 Sundance Film Festival which took over
$44 million in worldwide box office. Chartier and Deckter were
executive producers on the project.
Recent titles on the Voltage sales slate include
the Toronto International Film Festival FIPRESCI Prize
winner Skin from the Academy Award-winning director, Guy
Nattiv, and starring Jamie Bell, Danielle Macdonald, and Vera
Farmiga. The film was also an official selection in the Panorama
section at the 2019 Berlin Film Festival and was released in the US
by A24. The short on which the film is based won the 2019 Academy
Award for Best Live Action Short. All Eyez on Me from director
Benny Bloom and starring Demetrius Shipp Jr., Danai Gurira and Kat
Graham took $53 million in worldwide box office. Her Smell,
starring Elisabeth Moss, Amber Heard, Cara Delevingne, and Dan
Stevens was released in April 2019.
ABOUT WONDERFILM MEDIA
Wonderfilm is a leading publicly traded (TSX
Venture Exchange) entertainment company with offices in Beverly
Hills, United States and Vancouver, Canada. Wonderfilm’s main
business is the production of high-quality feature films and
episodic television that offer international appeal through the
Company’s guiding philosophy of bringing new financing solutions to
an entertainment industry increasingly looking for funding and
co-production alternatives. Wonderfilm is a producer and
distributor only for the projects disclosed. The legal ownership of
movie productions is held in a special purpose legal entity held at
arm’s length to the Company to facilitate for the qualification of
various levels of domestic and foreign government tax credit
incentives that are customary in the film and production
business.Cautionary Statements
This press release contains forward-looking
statements that are subject to substantial risks, uncertainties and
assumptions. All statements other than statements of historical
fact contained in this press release are forward-looking
statements. These statements often include words such as “believe”,
“expect,” “target,” “anticipate,” “forecast,” “intend,” “plan,”
“projects,” “seek,” “will,” “may” or similar expressions.
Forward-looking statements are subject to a number of risks and
uncertainties, many of which involve factors or circumstances that
are beyond Wonderfilm’s control and Wonderfilm’s actual results
could well differ materially from those stated or implied in
forward-looking statements due to many various factors.
Although Wonderfilm believes that the expectations
reflected in the forward-looking statements are reasonable, the
Company cannot guarantee that the events and circumstances
reflected in the forward-looking statements will be achieved or
occur. The timing of events and circumstances and actual results
could differ materially from those projected in the forward-looking
statements. Accordingly, one should not place undue reliance on
forward-looking statements. All such reflect the date made
only.Wonderfilm undertakes no obligation to update or publicly
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
For further details, please see the Company’s
documents filed on the System for Electronic Document Analysis and
Retrieval at www.sedar.com.
Neither the TSX Venture Exchange Inc. (“Exchange”)
nor its regulation services provider (as that term is defined in
the policies of the Exchange) accepts responsibility for the
adequacy or accuracy of this press release.For further
information:
Voltage Pictures Public Relations
Maxine Leonard
Tel: 323-930-2345
Sales contact:Christian De Gallegos
| Christian@wonderfilm.com
Wonderfilm Investor Relations
Resources Unlimited
Mike Sheikh
860-908-4133
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