|
|
Article: Family Room Entertainment Anticipates Positive Cash Flow for Fiscal 2005.
- Article from:
- Business Wire
- Article date:
- May 21, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business Editors
LOS ANGELES--(BUSINESS WIRE)--May 21, 2004
Family Room Entertainment Corporation (OTCBB:FMLY) is excited to announce that it anticipates being "cash-flow" positive for the Fiscal Year Ending June 30, 2005.
Family Room's assumption is based on the producer fees it is to receive from four scheduled projects slated to film in early fiscal 2005: MERCENARY, starring Steven Seagal; SUBMERGED, also starring Steven Seagal; 88 MINUTES staring Al Pacino; and AMITYVILLE, which Dimension and MGM are scheduled produce this summer.
Family Room anticipates the producer fees expected to be generated by the four films that are already ...