MIAMI, Jan. 31, 2005 (PRIMEZONE) -- Stock Market Alert's watch list includes: Doc Hollywood Kidz (Pink Sheets:DHYK), The Gillette Company (NYSE:G), Sanmina-SCI Corp. (Nasdaq:SANM) and Yahoo! (Nasdaq:YHOO).
Doc Hollywood Kidz (Pink Sheets:DHYK) issued a press release that may really get investor's attention. Late Friday afternoon, the company announced that it is finalizing terms with Raju Patel for the North American release of the soundtrack to the $32-million-dollar-budgeted feature film "George and the Dragon." According to CEO Steven Saxton, the release will include "kid friendly" tunes in the pop music genre. Before the news was released, the company's stock closed at seventeen cents a share.
The press release stated that Doc Hollywood Kidz also recently announced that it has teamed with parent company DH1 Studios to release the soundtrack to the highly anticipated feature film thriller "Hide and Seek" on Doc Hollywood Records. In a joint venture with Dallas-based Kirtland Records and featuring music composed by John Ottman ("Cable Guy," "Gothika," the sequel to "X Men" -- "X2," "Lake Placid," "The Usual Suspects" -- and set to complete "Superman Returns"), the domestic soundtrack distribution will be handled by SONY RED. 20th Century Fox's "Hide and Seek" opened wide and arrived in theaters on Friday, January 28, 2005.
In its debut foray into feature film production and distribution, DH1 Studios' Doc Hollywood Kidz announced that the company has formalized a comprehensive agreement to facilitate the prints and advertising financing from a major P&A funding source for the family-friendly motion picture, "George and the Dragon." The movie is expected to hit theatres in 2005.
Doc Hollywood Kidz, a strategic subsidiary of DH1 Studios, Inc., is devoted to the creation, development, production and acquisition of live-action, CG (Computer Generated) and animated feature films, recorded music soundtracks and compilations. Targeted towards the kid, "tween," and family genres, these unique and commercial entertainment properties are designed to have a mass appeal, and are to be distributed domestically and internationally through both strategic relationships with the world's largest and longest-standing film and music distribution companies as well as growing Internet distribution channels.
Other stocks of interest yesterday were: The Gillette Company (NYSE:G) up 12.9% on 45.8 million shares traded, Sanmina-SCI Corporation (Nasdaq:SANM) down 14.1% on 45.6 million shares traded and Yahoo! Inc. (Nasdaq:YHOO) down 0.3% on 17.8 million shares traded.
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