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Last updated on April 25, 2014 at 1:22 EDT

Latest Film Distribution Stories

2013-10-11 04:20:29

LOS ANGELES, Oct. 11, 2013 /PRNewswire/ -- Seven Arts Entertainment Inc. (OTCQB: SAPX) ("Seven Arts" or the "Company") is pleased to announce that its film "Schism" will premiere during Screamfest, L.A. The first screening will take place on Saturday 12(th) October; the film will also be screened at the prestigious New Orleans Film Festival on both Saturday 12(th) and Monday 14(th) October. Director Adam Gierasch stated, "It's absolutely wonderful that Seven Arts gave me the...

2013-09-04 16:26:59

LOS ANGELES, Sept. 4, 2013 /PRNewswire/ -- Seven Arts Entertainment Inc. (OTCQB: SAPX) ("Seven Arts" or the "Company") announced today that, effective August 29, 2013, Mr. Vince Vellardita has resigned as Chairman and a Director of the Company. Mr Vellardita stated, "I realized that, with the multitude of things happening in my life, I simply cannot devote the time and commitment the Company needs from me at this time. I wish Seven Arts all the best in its future endeavors." About...

2013-08-26 12:22:14

LOS ANGELES, Aug. 26, 2013 /PRNewswire/ -- Seven Arts Entertainment Inc. (OTCQB: SAPX) ("Seven Arts" or the "Company") announced today that it has commenced negotiations for a corporate combination with a New York investor group which would result in the addition of substantial additional assets to the Company in return for its restricted securities. The Company has appointed Beaufort Securities of London, England as its advisor in this negotiation. The Company currently believes...

2013-08-15 12:24:25

LOS ANGELES, Aug. 15, 2013 /PRNewswire/ -- Seven Arts Entertainment Inc. (OTCQB: SAPX) ("Seven Arts" or the "Company") announced today it has announced it has successfully concluded an audit of tax credits associated with the motion picture, Schism, and sold those tax credits for cash under the Louisiana tax credit system for an amount in excess of $275,000. These funds will be primarily used to finish the post-production on Schism, which will be delivered on or about August 31,...

2013-06-04 12:24:50

LOS ANGELES, June 4, 2013 /PRNewswire/ -- Seven Arts Entertainment Inc. (OTCQB: SAPX) ("Seven Arts" or the "Company") has been made aware of an additional fraudulent and misleading press release issued by unknown persons today. The company believes this press release to have been the work of the same disgruntled assignee of another entity that may have invested a limited amount of money in a motion picture project of Seven Arts Pictures plc ("PLC"), the Company's listing predecessor,...

2013-05-24 20:20:39

LOS ANGELES, May 24, 2013 /PRNewswire/ -- Seven Arts Entertainment Inc. (OTCQB: SAPX) ("Seven Arts" or the "Company") became aware that the public relations agency of an entity known to the Company only as "IFSG" has issued defamatory and fraudulent statements regarding the activities of the Company at the recent Cannes Film Festival. IFSG is unknown to the Company, and the Company has not been able to locate any office or registered address. IFSG may be an assignee of another...

2013-05-14 12:24:25

LOS ANGELES, May 14, 2013 /PRNewswire/ -- Seven Arts Entertainment, Inc. (OTCQB: SAPXD) ("Seven Arts") To our stockholders: I want to thank you for your support in Seven Arts Entertainment. Let me take this opportunity to introduce myself and let you know that we appreciate the confidence you have shown in our company. In turn, our number one goal is to create stockholder value and maximize your investment in Seven Arts. We have received several inquiries regarding the...

2013-04-09 08:26:51

LOS ANGELES, April 9, 2013 /PRNewswire/ -- Seven Arts Entertainment Inc. (OTCQB:SAPX) (the "Company" or "Seven Arts") announced today the appointment of Vince Vellardita as the new Chairman of Seven Arts Entertainment's Board of Directors, as part of a contribution to Seven Arts of film and music assets controlled by Mr. Vellardita. Mr. Vellardita will be chief executive officer and president of a newly formed subsidiary, Seven Arts Music and Television Inc. ("SAMT"), pursuant to a...

2013-01-29 12:24:43

LOS ANGELES, Jan. 29, 2013 /PRNewswire/ -- Seven Arts Entertainment Inc. (NASDAQ: SAPX) ("Seven Arts" or the "Company") announced today that its affiliate, Seven Arts Filmed Entertainment Louisiana LLC ("SAFELA"), in conjunction with its previously announced joint venture partner Sixteen19, has entered into an agreement with CBS Sports for space at 807 Esplanade ("Property") to provide production support for this year's big game to be held on February 4(th) in New Orleans. This follows on the...

2012-12-20 12:24:58

LOS ANGELES, Dec. 20, 2012 /PRNewswire/ -- Seven Arts Entertainment Inc. (OTCQB: SAPX) ("Seven Arts" or the "Company") announced today that it has engaged investment advisors to explore a sale or merger of the company or its assets. The Company's net book value is approximately $14 million and management believes that the value of the Company's film and music assets may be greater than this amount. The current market capitalization of the Company is materially less net book value. The...