Thrilled about today’s release (last post) regarding our acquisition of Blood Rites (http://www.bloodritesmovie.com) via wholly owned subsidiary, Saint James Films, LLC — Aside from the fact that the film is a well made, inspired piece of grindhouse/genre goodness, it signifies a major evolution for Saint James Films as a whole. Why, you may ask? How is this film different from the others on SJF’s slate for 2012. We’ve got Captain Battle: Legacy War, Agent Beetle, Lizzie Borden’s Revenge and more on their way to add to our assets/titles, so why is ‘Blood Rites’ so special?
Well, here it is– Blood Rites was not produced in house by Saint James Films– it also wasn’t financed by Saint James Films, LLC– that saves two things– money and manpower– neither of which we had to exert to assure a quality finished product with exponential revenue potential. But we do get to MAKE money with it, partnered with the film’s producers, who now have International Distribution on their project with a producer-friendly arrangement in which both parties win accordingly. So now, thanks to the work of SJF execs, we have a streamlined ability to pick up quality, saleable product, without any of the burden of budget or project management, all the while effecting similar ROI scenarios. So imagine this on a larger scale as we continue to grow. Saint James is producing 5-10 of its own films this year, possibly 10 or more next– all the while, acquiring quality projects from accomplished producers and up-and-coming filmmakers for a win-win, creating a multiplier effect on our output. The potential here is substantial as it positions the already successful business model for precipitous growth in terms of both revenues and title assets in its film library. SJF is a numbers game. We don’t make “Marvel: The Avenger’s” returns in terms of numbers. But we do, in fact have similar ROI. More Movies. More Revenue.
Very different from our Mike The Pike Productions slate, such as George R.R. Martin’s The Skin Trade or White Space, both of which hold tremendous potential for brand prestige, position and impressive returns. At the same time, they are very much the same, simply that they operate in different realms– as always, the overall model is that SJF provides consistent near-term revenues, while MTP prepares itself to bask as the next Summit or Lions Gate Entertainment… Summit, of course was acquired by LGF recently for $400,000,000. Not bad– and all justified by one little franchise called Twilight, based on a well received book….Lion’s Gate of course found its first footing with 2000’s ‘American Psycho’. Sounds like a familiar scenario, doesn’t it? A well received author under option by a budding film company turns out, arguably, two of the most successful mini-majors in the history of film.
Shareholders- to really get a feel for how powerful the low budget/microbudget model can be in supporting our more ambitious efforts– PLEASE I ask you do just a little bit of ‘homework’ — here’s a few reading assignments: