Seven Arts Pictures PLC (SAPXF.OB) operates through their wholly-owned subsidiary, Seven Arts Filmed Entertainment Limited. The company is engaged in the production and licensing of motion pictures around the world. The company operates in Europe, North America, South America, Africa, the Middle East, Asia, and Australia, but is based in London in the United Kingdom.
Seven Arts Pictures’ intends to finance, produce, and distribute approximately 4-7 films annually; films that have budgets under $10 million each. Their strategy includes using little of their own money and obtaining fees for their distribution services and for tax-preferred investments on certain motion pictures. The company’s strategy also includes distributing made-for-DVD pictures. In early 2007, Seven Arts owned a library that consisted of 21 films, and hopes to grow that number to 125 films by 2013.
Seven Arts Pictures creates a reduced financial risk for each film by pre-selling domestic and international rights to other distributors prior to production. The company expects high revenues through technology changes for direct downloads of movies. Seven Arts Pictures also expects success due to strong strategic relationships with other theatrical distributors like MGM, Sony, Paramount and Fox.
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