5/9/2023 0 Comments Kite liberator e2IT'S HOW THE INDUSTRY WORKS FILM LIBRARIES! Now that our HHSE sales staff and infrastructure has been expanded (under Tom Sims and his team), the HHSE library will be aggressively re-promoted during 20, and should break north of $5-mm in revenues. Then, every few years when reseeded under a planned cycle, the land produces a bumper crop, and can then be left alone to recharge and repeat. A Film Library can be looked at like a portfolio of Farm Land: there's an inherent value in the property itself, even if the ground is allowed to fallow for a few years to recharge. Granted, HHSE does not own titles of the caliber of " Gone With the Wind" or " The Wizard of Oz", but MGM-UA has these and almost all other items in their Library on repeated cycles for re-release every 5-to-7 years (with a shelf moratorium in between). Already, it has been placed into two promotions for Walmart, and is being considered for Best Buy and Target as well. Take a look at the current (first-ever) re-release activities now occurring for " GRAND CHAMPION." This title was a big home video hit for HHSE in 2005, but has not been re-promoted as a catalog title until THIS MONTH. Can a company be in possession of distribution rights worth $28-mm+ if the catalog sales for the previous two years were less than $1-mm each? Absolutely, because many distributors (including HSHE) intentionally hold titles on moratorium for later re-release under sales cycles. Ask the replicators and retailers if the HHSE video sales are on a decline! We're setting sales records, not just through our dramatically enhanced release volume (4-X more titles), but on individual title unit volumes as well!Īnother issue of fictional misdirection by the " monkey squad" is the lack of understanding about Film Library Valuations and what they represent. One of the issues of such baloney that longs have shared with HHSE Management, is the absurd declaration that the " core" business for HHSE (the sale of DVD's and Blu-Rays) is on a decline. In the midst of this justifiable impatience, the " monkey squad" of chat room residents has been injecting a sewage-flow of outrageous misinformation and total fabrications. There has been a lot of chatter amongst shareholders - mostly negative - about the Company's delays in posting the Form 10 Registration Statement. BOOM-BOOM! It's a big day for HHSE sales! Some of these current shipments and titles " street" in February - but will still be invoiced in January as they ship out from our replication labs and warehouse. This is the biggest month for "direct sales" ever by Hannover House, and is surpassed only by January, 2011 when you add in the video sales from 20th Century Fox of " TWELVE." Happy New Year friends & followers - As the culmination of a lot of work and effort into the company's "core" activities of DVD and Blu-Ray distribution, the sales for January (now in production and now shipping) have set a Company sales record! Lead by video releases of " AMERICAN JUSTICE" and " ON ANY SUNDAY" (but supported with sales of five other titles, including " GRAND CHAMPION", " SUNSHINE", " VALLEY OF THE WITCH", " ASALTO AL CINE' / CINEMA HOLD-UP" and additional catalog sales), the Company has over $1,068,000 in new shipments / new A.R.!
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