Business & Finance
Business and Finance
Business and Finance
Mon, June 28, 2010 MTP Gets 'Graphic' With Publishing for Feature Film Rights; Indie Production
LOS ANGELES, CA--(Marketwire - June 28, 2010) - (
SpokeFish will launch with three (3) novels hand selected by MTP and SL from Spoke Lane Entertainment's current offerings. The deal entitles Mike the Pike Productions to act as Executive Producer on the project with a Producer's Fee and 50% of the books' profits. As well, per the Agreement, Mike the Pike Productions will be entitled to 15% of Gross Film Rights Proceeds for any such adaptation. If any project on the slate is produced independently as a film, partners agree to negotiate mutually agreed terms for considerations to each party herein accordingly. The team plans to ensure that each novel is marketed for film rights sales or independent production.
"These are exciting projects to say the least, ranging from fantasy to sci-fi to gritty crime noir," states MTP CEO Mark B. Newbauer. "Phase 1 on the books is already under process with Ryan serving as project manager for each novel."
Colucci, a producer on Mike the Pike's adaptation of George R.R. Martin's 'The Skin Trade,' is no stranger to graphic novels, nor to selling projects to Hollywood as evidenced by his screenplay, 'Lobo,' a werewolf action thriller set in Brazil with John Stockwell ('Blue Crush,' 'Turistas,' 'Into the Blue') set to direct; and 'Harbor Moon' ([ www.harbor-moon.com ]) to be launched at this year's Comic-Con ([ www.comic-con.org ]) with a release by Arcana Studios ([ www.arcanastudio.com ]) in August.
"Ryan is extremely talented and we're thrilled to be partnering with what I feel will be a very fruitful adventure," comments Newbauer. "It's been great to work together so far on 'The Skin Trade' and I'm confident his expertise in this industry will be a big win for MTP and its shareholders, in terms of profitability, further industry position and enhancing our library toward overall value and long-term growth. Disney's $4 billion buyout of Marvel Entertainment is just a sign of the times and times to come regarding graphic novels as tied directly to the film industry. MTP is on the cutting edge as an independent studio with SpokeFish. CNN's Breeanna Hare put out a great article on the current and future trends of the worth of (even insignificant) graphic novels in terms of feature film production and film rights sales for those that wish to expand their understanding of the impact this deal can have for MTP Studios ([ www.mikethepikeprods.com ]): [ http://www.cnn.com/2010/SHOWBIZ/02/08/graphic.novels.mainstream/index.html ]."
Details about the three books under this banner are forthcoming en tandem with the strategic launch of the SpokeFish website with links to Spoke Lane, MTP and each individual project under the SpokeFish banner. "We'll announce each book individually and release them online with continual updates on production all the while so as to keep fans and shareholders on the pulse of every phase of this exciting addition to the MTP universe," concludes Newbauer.
Producers Ryan Colucci, Beth Newbauer and Mark B. Newbauer present: George R.R. Martin's 'THE SKIN TRADE':From the best-selling author of the Song of Ice and Fire series comes this white knuckle chiller with a string of unsolved murders immersed deep in lycan lore: When a series of grotesque killings strikes her small hometown, private detective Randi Wade becomes suspicious. The grisly murders remind her all too much of her own father's death nearly 20 years ago. Now there is a killer in town who not only slays his victims, but also takes their skin. Undaunted, Randi takes the case head-on as the murders continue, each more brutal than the last. When a close friend suddenly becomes a target, he is forced to reveal a startling secret about himself and Randi is quickly pulled into a dark world within her own town where monsters do exist and even they have something to fear...
MTP Studios & Horseplay, LLC present: 'HORSE' -- a wild ride through the streets of Ft. Wayne on a night no one will forget... if they live to remember... as they take part against some not-so-friendly parties on the prowl for a missing bag of Heroin. It's a race against time for a club-owner, a drug mule, two college kids and a sadistic Irish kingpin in from Chicago to reclaim his stake.
FOLLOW EVERYTHING MIKE THE PIKE: UPSTREAM on TWITTER: $MIKP $ADCS [ www.Twitter.com/mtpprods ]
MOTION PICTURES, EVENTS, LITERARY ACQUISITIONS & BUSINESS VENTURES: Want to know what MTP is all about? Check out [ www.mtpworldwide.com ]
$ADCS: CopSwap -- Get ready sworn officers and civilians alike -- the ONLY web portal for social networking, auctions, retail and officer geared news and events... Private Beta underway! [ www.copswap.org ]
$ADCS: ServeNation -- Attention Non-Profits, Charities and Caring Consumers... PRE-PAY IT FORWARD! ServeNation is Passive Giving for the Active Consumer -- Read all about it as MTP prepares the launch of Micro-Giving at its finest; coming to a money-clip near you Summer 2010...
Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
