updated 5/18/2011 4:46:24 PM ET 2011-05-18T20:46:24

WESTLAKE VILLAGE, Calif., May 18, 2011 (GLOBE NEWSWIRE) -- Empire Film Group, Inc. (Pink Sheets:EFGU) has announced that Tayrona Entertainment Group has agreed to co-finance and distribute Empire Film Group's previously announced feature film "Did You Get My Text." The film is a contemporary romantic comedy centered on two people who meet and fall in love almost entirely through text messaging.

Producer Dean Hamilton Bornstein, Writer Jaleel White, Producer Ken Gord and other production personnel have recently scouted and approved locations in Toronto. Pre-production activities have begun in Toronto with a proposed late summer start date.

"We are excited to be moving forward on this very commercial project. The script and production team will attract an exciting ensemble cast," commented Mr. Dean Hamilton Bornstein, CEO of Empire Film Group, Inc. 

Empire and Tayrona are also in pre-production on the feature film "Havana Heat" which will be filmed in Cartagena, Colombia and is scheduled to begin production in June. The company is finalizing talent negotiations and will announce the entire cast shortly.

Tayrona currently manages a U.S. P&A Fund of $100,000,000 and a Latin American P&A Fund of $80,000,000 for theatrical feature film releases in the United States and Latin America, as well as direct co-financing capabilities.  Under the terms of the agreement Tayrona will arrange the production financing of these projects and commit over $10 Million per project to P&A in the United States and Latin America.  Tayrona's recent successful releases include "Agora," the second highest grossing film in Spain in 2009 behind "Avatar."  Release schedule for 2011 includes international blockbusters Roland Joffe's "There Be Dragons," "Kites," "O Apostolo," "Standing Ovation," "Four Saints" and "6 Days Dark," among others.

Empire Film Group, Inc. is a fully-integrated film and television production and distribution company with distribution capabilities to reach theatrical, video, television, video-on-demand and international markets. Empire Sports Group, Inc. is a wholly owned subsidiary of Empire Film Group set up to develop, acquire, produce, market and distribute sports related entertainment properties in film, television and in various multimedia and digital environments.


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.

CONTACT: Empire Film Group, Inc.
         Jim Townsend

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


Discussion comments


Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 3.79%
$30K home equity loan FICO 4.99%
$75K home equity loan FICO 4.69%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.83%
Cash Back Cards 17.80%
Rewards Cards 17.18%
Source: Bankrate.com