NetworkNewsBreaks – Wonderfilm Media Corp. (TSX.V: WNDR) (OTCQB: WDRFF) Employs Lean Production Business Model

December 27, 2019 12:15:33

Wonderfilm Media (TSX.V: WNDR) (OTCQB: WDRFF), a producer of high-quality feature films and episodic television with international appeal, is strategically operating on a lean production budget model. A recent article discussing the company reads, “Wonderfilm begins receiving returns on its comparatively lean projects on the first day of principle photography, drawing line-item fees from the production budget that range from $50,000 to $500,000 depending on the total budget, according to the company (http://nnw.fm/eJ42V). . . . The average production cost of a feature film ranges from $70 to $90 million, with blockbusters reaching upward to the $350 million to $425 million heights demanded of box office successes “Avengers: Endgame” and “Avatar” (http://nnw.fm/hJBp9). Wonderfilm’s movie budgets since the recently released Nicolas Cage thriller “Primal” began shooting in January 2018 has ranged from $1.5 million to $12 million.”

To view the full article, visit http://nnw.fm/Z2yFq

About Wonderfilm Media Corp.

Wonderfilm currently has 13 films in or going into production with six scheduled to be delivered in the first quarter of 2020 as well as many significant movies and TV series in the development queue. Most notable among the $60 million total of green-lit features are the horror film “Amityville 1974,” in theatres October 2020, and the action film “Inside Game,” starring Tyrese Gibson, hitting theatres in fall 2020. The company is also currently developing secured valuable IP rights including the Steve McQueen story and the book adaptation, “Merchant of Death.” The Wonderfilm core producing team of Kirk Shaw, Shaun Redick and Dan Grodnik are busy broadening and burnishing the Wonderfilm brand by raising the profile of its films across the industry, attracting A-list stars to its productions and widening its theatrical releases. Wonderfilm is a leading, publicly traded (TSX Venture Exchange and OTCQB) entertainment company with offices in Beverly Hills, California; Vancouver, British Columbia; and Seoul. Wonderfilm’s main business is the production of high-quality feature films and episodic television that offer international appeal through the company’s guiding philosophy of bringing new financing solutions to an entertainment industry increasingly looking for funding and co-production alternatives. Wonderfilm is a producer and distributor only for the projects disclosed. The legal ownership of movie productions is held in a special-purpose legal entity held at arm’s length to the company to facilitate the qualification of various levels of domestic and foreign-government, tax-credit incentives that are customary in the film and production business. For more information, visit the company’s website at www.Wonderfilm.com.

NOTE TO INVESTORS: The latest news and updates relating to WDRFF are available in the company’s newsroom at http://nnw.fm/WDRFF

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