OMAHA, Neb., Nov. 8, 2011 (GLOBE NEWSWIRE) -- It was announced today that Rising India, Inc. (RSII.PK) a publicly traded company, will co-finance the production and distribution of a major 3-D animated feature film, "Beast of Burden", with RegalWorks Media Group, LLC. The announcement was jointly made by Rising India's CEO and President, Arthur Taylor, and RegalWorks Managing Partner, Dane B. West.
Under the proposed terms of the deal, Rising India Inc. and International Animation & Film Group, Pte. Ltd., a Rising India subsidiary, will provide a funding package to be used for production and marketing of the film. The production budget is approximately $32 million.
The deal was structured and negotiated by Dane B. West on behalf of RegalWorks Media Group, LLC who said, "We have a strong belief in this project. "Beast of Burden" will be a visually stunning animated feature film with a timeless and compelling story that will appeal to viewers of all ages around the world. We are very pleased to have Rising India, Inc. as our partner in bringing this wonderful story to the screen."
Commented Taylor, "Beast of Burden'' is a very engaging story that is very much representative of the films Rising India seeks to bring to market. It is another fine project added to our portfolio."
Written, directed, and created by Kirby Atkins, "Beast of Burden" tells the tale of a mythical creature and his journey to save his family from a brutal farmer. Mr. Atkins has written feature films for Miramax, 20th Century Fox, Regency, and Robert DeNiro's Tribeca Productions. The producers are anticipating a theatrical release in early 2014.
About Rising India, Inc.
Rising India, Inc. is a United States based public company with an international market in the development and production of innovative digital special effects and 3D character animation for films and TV production. Rising India, Inc. has on-going business relationships with a number of Asian companies that provide extensive background and expertise in the animation field as well as the financing of animation and family-friendly movie projects. As a result of its international scope and relationships, Rising India is involved in the development, creation and marketing of animation projects for the European, Asian and United States markets and anticipates significant growth in this expanding industry and technology.
About RegalWorks Media Group, LLC:
RegalWorks Media Group, LLC is an independent film studio dedicated to the development, financing, production and distribution of feature films. Working with a variety of writers and producers, the company is focused on family films across multiple genres that appeal to audiences from 8 to 80.
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