|By Marketwired .||
|June 18, 2014 04:45 PM EDT||
NEW YORK, NY--(Marketwired - June 18, 2014) - Grand Schema Entertainment and its parent company VGTel, Inc. - 360entertainmentandproductions.com (OTCQB: VGTL), announced today that Los Angeles-based film distributor K2 Communications was awarded worldwide distribution rights for a Giant Screen 3D documentary film about high altitude climber and wing-suit explorer Joby Ogwyn.
VGTel recently formed Grand Schema Entertainment ("GSE") with the New York-based film studio Grand Schema NYC to privately fund and produce independent films. VGTel's CEO Greg Wells stated, "As we grow VGTel and implement our global growth initiatives in new media and entertainment, we are looking for partners that are best in class in their respective industries. We chose to work with K2 Communications because it is one of the world's leading distributors for IMAX® and Giant Screen films."
The currently untitled wing-suit documentary will be directed by GSE's Christopher J. Scott and will take viewers along with Ogwyn as he pursues his quest to be the first human being to base jump and fly in all seven continents. "The culmination of the expeditions across seven continents to some of the highest and most dangerous places on earth will truly be one of the greatest human feats ever captured on film," said Scott.
K2 represents a large catalog of 3D, 4K and Full Dome films including such blockbuster titles such as the Ultimate Wave Tahiti featuring eleven-time world champion surfer Kelly Slater. "We're very excited to bring wing-suit flyers to museum audiences worldwide. This film has all the elements of a winner in our industry -- the science of human flight, spectacular settings, and man's passion for travel and adventure," said Mark Kresser President of K2 Communications.
Wing-suit flyers will be produced in 3D and 2D for museums, science centers and other specialty theaters. As GSE's first major project, VGTel executives are collaborating on the production and will earn a percentage of revenue from the worldwide distribution rights.
Already in production, the film is slated for a worldwide release in March 2015 and will also be released in all ancillary media including Ultra HD (4K) and HD TV, VOD, Blu Ray, download-to-own, streaming and other platforms. Former member of The Scorpions, Ralph Rieckermann, will compose an original score for the movie.
About K2 Communications:
K2 Communications is one of the world's leading studios for IMAX® and other Giant Screen films exhibited in museums, science centers and other specialty theaters. Since entering the industry in 1998, K2 has served as an Executive Producer and/or Distributor of some of the most successful films in the industry.
About VGTel, Inc.
VGTel, Inc. is a multi-platform company offering products and support in the entertainment industry and is focused on a strategy of growing and building business units through investments and acquisitions. For further information, go to www.360entertainmentandproductions.com.
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VGTel, Inc. dba 360 Entertainment & Productions
Phone: (845) 368-1011
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