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Hannover House Acquires Worldwide Rights to Halloween-Themed Thriller "Clown Town"

Jul 03, 2014

OTC Disclosure & News Service

Los Angeles, CA -

Independent entertainment distributor Hannover House, Inc., (OTC: HHSE) has acquired the worldwide distribution rights to Truman Nicholson's Halloween-themed thriller, "Clown Town," the company announced today.  The film is now in preproduction for an October, 2014 shoot, which is expected to occur primarily in and around Fayetteville, Arkansas.

 

"Clown Town" tells the story of an abandoned amusement park, shuttered since a bankruptcy that followed a tragic roller coaster accident.  But the park is not uninhabited.  The son of Bonkers the Clown - who was sentenced to death for allegedly sabotaging the roller coaster - has grown into a very angry man, bent on revenge against the town that unjustly prosecuted and killed his father.  On Halloween night, the new Bonkers sets out on a rampage to make Halloween a night that the local residents will never forget.

 

"We were attracted to this project for a variety of reasons," said Hannover House C.E.O., Eric Parkinson.  "The film is written and designed to seek a PG-13 rating, as opposed to a more restrictive rating that would likely occur if gore and violence were shown.  The frights in 'Clown Town' are from scenes of suspense, and not from scenes of graphic horror, so this will give the film a strong appeal to younger audiences as well as to mainstream television.  Also, the seasonality theme enables us to remarket the film each year for video and television. Next, the structure of the private financing for the film's production was attractive as it enabled Hannover House to acquire worldwide rights without encumbering the company's cash position.  Lastly, the principal team and cast members include some very competent and proven filmmakers and actors and this should result in a quality film with commercial stature."

 

Hannover House will commence sales of "Clown Town" at the American Film Market / IFTA conference in Santa Monica this November.  Domestic release plans, including the decision for theatrical distribution, will be made upon completion of the film.  Key theatrical exhibition chains that carry Hannover House titles include (alphabetically) AMC Theatres, BowTie Cinemas, Carmike, Cinemark-Century, Clearview Cinemas, Emerging Pictures, Harkins, Malco, National Amusements, Pacific, Rave Motion Pictures and the Regal Entertainment Group (including Regal, Edwards and United Artists Theatres).

 

SAFE HARBOR STATEMENT

This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although the company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.

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