Image Entertainment Acquires Hannibal Classics' Tokarev Starring Nicolas Cage
CANNES, FRANCE -- (Marketwired) -- 05/15/13 -- Image Entertainment,
an RLJ Entertainment (NASDAQ: RLJE) brand, has acquired all US and
Canadian rights to Hannibal Classics' new action-thriller Tokarev,
starring Nicolas Cage. Tokarev (working title) is scheduled for
release in the first quarter of 2014. The deal was announced today by
Image Entertainment's Chief Acquisitions Officer, Bill Bromiley.
"We are excited to add this action-thriller to our slate next year,"
said Bromiley. "Nicolas Cage elevates the film to new heights,
reaching a wider audience not only domestically but internationally
Tokarev begins physical production in Alabama in June. Hannibal
Classics' sales division will handle worldwide sales and will be
selling the film in Cannes.
"Our experience with Image Entertainment has always been positive,"
says Hannibal Classics' CEO and Tokarev Producer, Richard Rionda Del
Castro. "The commitment of their key executives to aggressively
distribute Hannibal Classics and Hannibal Pictures' films makes us
all winners. We are thrilled they have teamed with us once again and
with equal dedication to Tokarev."
Tokarev marks Spanish Director Paco Cabezas' American debut. Final
casting is underway. Joining Rionda Del Castro as Producer is Michael
Mendelsohn. Executive Producers are Nicolas Cage, Patricia Eberle,
Mike Nilon, Hayley Magouirk, Jim Agnew, Sean Keller, Cam Cannon,
Martin J. Barab and Frederico Lapenda.
Tokarev tells the story of Paul Maguire (Cage), a former criminal in
search of his daughter's kidnappers.
The deal was negotiated by Bromiley, Mark Ward and Michael Bayer on
behalf of Image Entertainment and on behalf of Hannibal Classics by
Rionda Del Castro and Martin J. Barab of Hamrick & Evans, LLP.
Tokarev is being financed by Union Patriot Capital Management, LLC.,
a film finance company with a large lending capacity, and produced by
Michael Mendelsohn who was the former head of BNP Paribas
Entertainment Media Group which specialized in financing motion
pictures such as Reservoir Dogs, Red Rock West, Air Force One,
Underworld, Analyze This, What Women Want, and Lord of War, which
also starred Nicolas Cage.
About RLJ Entertainment
RLJ Entertainment, Inc. (NASDAQ: RLJE) is a premier independent
licensee and distributor of entertainment content and programming in
North America, the United Kingdom and Australia with over 5,200
exclusive titles. RLJE is a leader in numerous genres via its owned
and distributed brands such as Acorn (British TV), Image (stand-up
comedy, feature films), One Village (urban), Acacia (fitness),
Slingshot (faith), Athena (educational), Criterion (art films) and
Madacy (gift sets). These titles are distributed in multiple formats
including DVD, Blu-Ray, digital download, digital streaming,
broadcast television (including satellite and cable), theatrical and
Via its majority-owned subsidiary Agatha Christie Limited, RLJE
manages the intellectual property and publishing rights to some of
the greatest works of mystery fiction, including stories of the
iconic sleuths Miss Marple and Poirot. And through its
direct-to-consumer business, RLJE has direct contacts and billing
relationships with millions of consumers.
RLJE leverages its management experience to acquire, distribute, and
monetize existing and original content for its many distribution
channels, including its nascent branded digital subscription
channels, and engages distinct audiences with programming that
appeals directly to their unique viewing interests. RLJE has
proprietary e-commerce web sites for the Acorn and Acacia brands, and
owns the recently launched Acorn TV digital subscription service.
About Hannibal Classics
Hannibal Classics, founded in 2010 by Richard Rionda Del Castro,
specializes in the financing and distribution of Feature Length
Theatrical Motion Pictures with budgets above $20 Million.
Hannibal Classics has several films in pre-production, including the
heart-pounding WWII epic USS Indianapolis: Men of Courage, the
action-packed Red Squad, the survival adventure Beneath the Deep, the
buddy-action-thriller Into the Black and the action film Escobar.
Hannibal Classics will also soon make its first foray into animated
films with and the action-adventure Resistance, based on the
worldwide bestselling Sony Playstation video game.
About Union Patriot Capital, Inc. and Patriot Pictures, LLC.:
Union Patriot Capital, Inc. and [Fund Manager, CEO - Entertainment
and Media Portfolio] Patriot Pictures, LLC. [CEO and Producer] Mr.
Michael Mendelsohn currently manages a senior debt fund of $250
million for film production project finance. Mr. Mendelsohn is a lead
advisor in negotiating content library acquisitions and valuations,
and the sale and acquisition of entertainment properties for
international television conglomerates. During his career, Mr.
Mendelsohn has structured and placed over $3.8 billion in senior debt
for such banks as, BNP Paribas (media and entertainment), Citibank
(entertainment), Union Bank of California (entertainment) and
As a Banker and advisor, he has arranged over $1.8 billion in film
project production financing or foreign distribution and
co-production deals for such entertainment companies Lakeshore
Entertainment (Paramount), Beacon Communications (Universal
Pictures), Icon Productions (Paramount), and Patriot Pictures (MGM,
Lions Gate, Warner Bros.) In addition, Mr. Mendelsohn advises
corporate clients in areas of acquisition of entertainment
properties, film production finance, international distribution,
corporate sponsored programming, foreign television and satellite
broadcasters, international co-production funds, theatre chains,
commercial and music video production and digital production
businesses and live shows.
Image Entertainment Contact:
Katrina Wan PR
Hannibal Classics Contact:
EWOLFE Public Relations
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