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Article: Family Room Entertainment Project Status Report for July 2006.
- Article from:
- Business Wire
- Article date:
- July 26, 2006
CopyrightCOPYRIGHT 2006 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)
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LOS ANGELES -- Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY), would like to present the following status report on some of its recent motion picture productions.
Family Room Entertainment does not anticipate any back-end profit participation or additional revenues in connection with the motion picture projects "EDISON" or "16 BLOCKS." As was previously stated by FMLY's CEO, George Furla, a particular project would have to generate a minimum of Forty Million Dollars (US$40,000,000) at the US Box Office in order for Family Room to have a possibility of receiving any sort of back-end profit participation during ...