ATLANTA GEORGIA / ACCESS CABLE / August 1, 2022 / Seven Arts Entertainment Inc. (OTC PINK:SAPX), the “Company”, is pleased to inform shareholders of new partnerships and provide additional updates.
On July 20, 2022, Seven Arts established a new partnership with Ascended Entertainment. Ascended was formerly a West Coast production company now operating in the Atlanta market. Ascended will oversee film post-production work for Seven Arts and its subsidiary, Muse Media (Seven Arts/Muse). Post-production tasks overseen by Ascended would include, but are not limited to, film editing and ADR (automatic dialogue replacement) on Seven Arts/Muse projects. Ascended will maintain a office at the Seven Arts facility in Atlanta and post-production work will be done on-site.
In addition, the company has hired an experienced Pro Tools certified engineer to oversee all of Seven Arts/Muse’s audio production and mixing needs. Pro Tools is the movie industry standard for cinematic audio engineering and Dolby Atmos mixing. The Company is very excited to have found an engineer who has worked in some of Atlanta’s largest studios and on projects for major artists willing to join the Seven Arts/Muse team.
Both additions to Seven Arts/Muse come in anticipation of the upcoming completion of the company’s production facility in Atlanta. The Company believes that the infrastructure it is developing places it at the forefront as Atlanta continues to establish itself as the Hollywood of the East Coast.
Finally, as previously announced, the Company continues to address the small convertible note it took last year to cover fees inherited by new management. On July 29, the Company presented the lender with a Debt Settlement Agreement. The Company is confident after prior negotiations that the Agreement will be signed in the coming days.
Jason Black, CEO of Seven Arts, said: “We continue to move quickly and add new partnerships every month. This has been made much easier in part because many people within the Atlanta film industry are aware of the facilities we are building and are increasingly interested in synergizing with the Company. Unlike Los Angeles, there are still few dedicated studios in Atlanta, despite its continued growth in the film industry. Most of the post-production and audio mixing is still shipped to Los Angeles after filming wraps up in Atlanta. We strongly believe that our facility will be a welcome solution for productions already operating in and around Atlanta. We will continue to update shareholders on additional developments as they occur.”
Forward-Looking Statements:
East Press release contains forward-looking statements. The words ‘believe’, ‘may’, ‘estimate’, ‘continue’, ‘anticipate’, ‘intend’, ‘should’, ‘plan’, ‘could’, ‘target’, ‘potential’, ‘is likely’ , ‘will’, ‘expect’ and similar expressions, to the extent they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Any forward-looking statement made by us in this document speaks only as of the date made. Factors or events that could cause our actual results to differ may arise from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
Contact:
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FONT: Seven Arts Entertainment, Inc.
See source version at access cable.com:
https://www.accesswire.com/710351/Seven-Arts-Entertainment-Adds-New-Partnerships-and-Personnel-Provides-Further-Updates