investor presentation
Transcription
investor presentation
INVESTOR PRESENTATION - OTCQB: CRCO - FEBRUARY 2015 1 MISSION YOUR MISSION IF YOU CHOOSE, IS TO INVEST IN ONE OF THE GREATEST STUDIO NAMES IN HOLLYWOOD, "CAROLCO PICTURES." CAROLCO IS THE NAME BEHIND SOME OF THE BEST KNOWN MOVIES EVER TO MAKE IT TO THE BIG SCREEN AND NOW THE CAROLCO PICTURES NAME IS BACK TOGETHER AGAIN WITH ITS LEGENDARY FOUNDER AND PRODUCER, MARIO KASSAR. FORWARD LOOKING STATEMENTS Certain statements in this presentation are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Any forward-looking statements included in this presentation are based on information available to management on the date of this presentation. Carolco Pictures undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Actual results may differ materially from those included in these statements due to a variety of factors. More information about these factors is contained in Carolco Pictures’(formerly known as Brick Top Productions) filings with the Securities and Exchange Commission. 2 MARIO KASSAR: The Man Behind… Carolco’s Chairman of the Board Mario Kassar, as producer and executive producer of films, has grossed over $3 billion dollars (in today's value) in worldwide theatrical box office receipts. Spanning a 30+ year career, he has released 36 motion pictures of which 16 were nominated for Academy Awards receiving a total of 6 Academy Awards. And now Mario Kassar is back with Carolco Pictures as the Chairman of the Board, once again, intent on producing his next great film "Audition", a remake of Ryu Murakami cult horror classic from the hit novel. Mario Kassar stated "One of my greatest joys in life was being the Chairman of Carolco Pictures, two decades ago. I am elated to return to that position, to produce the world's greatest movies once again under the Carolco brand for my fans and people everywhere to enjoy. The major difference between now and then are the advances in technology and cinematography not previously available to Carolco Pictures 20 years ago. Combined with these advances know that the best movies I will ever produce are still yet to come." 3 FILM PRODUCTION: AUDITION Audition is a remake of the Japanese cult bestseller of the same name written by Ryu Murakami. The book was made into a Japanese film in 1999, and is considered one of the best Japanese horror films. We plan to update the story, set the film in the US and leverage the cult status. Budget: $4 million+ Director: Richard Gray Producers: Mario Kassar, Richard Gray Writers: Richard Gray, Michele Gray 4 IN THE PRESS: AUDITION Eli Roth on Japanese language film adaptation of Audition: “..Audition is a brilliant movie about perfection, and the Japanese stereotype of wanting a perfect little subservient woman, and this man holds this fraudulent casting to find a new wife. Even though it’s creepy what he’s doing, and totally sexist, and he gets what’s coming to him, you do feel bad for him. It’s also about how people are blinded by love and obsession to the point where they don’t even listen to their friends’ warnings. It’s a brilliant exercise in tension just building up to that one horror scene, and the scene is relentless.” http://www.thedailybeast.com/articles/2013/09/14/eli-rothdirector-of-the-green-inferno-on-his-favorite-bloody-moviekills.html IMBD - Number 12, in "The 30 Greatest Horror Films Of The 1990s" On Japanese language film adaptation of Audition , Quentin Tarantino stated: “A true masterpiece.” https://www.youtube.com/watch?v=Zv0WlHbBhdc The New York Times By ELVIS MITCHELL: "The Japanese psychological horror film ''Audition'' has been responsible for throngs of shaken filmgoers staggering out of theaters for the last year or so". 5 PEER COMPS: AUDITION American Remake of Japanese Horror Film Production Budget Gross Sales ROI The Ring $48 million $249 million 418.7% The Ring 2 $50 million $161 million 222% The Grudge $10 million $187 million 1770% The Grudge 2 $20 million $70 million 250% Dark Water $30 million $49 million 63% Pulse $20.5 million $30 million 46.3% The Eye $12 million $56 million 366.7% Shutter $8 million $47 million 487.5% Mirrors $35 million $77 million 120% One Missed Call $20 million $45 million 125% 6 FILM PRODUCTION: LOVE BITES In Love Bites, an LA detective joins forces with a famous Hollywood starlet Vampire in a race against time to catch an undead serial killer preying upon Hollywood’s secret supernatural population. The screen adaptation of this fan favorite is sure to be as thrilling as it is funny. Budget: $1.5 million Director: B Harrison Smith Screenwriters: B Harrison Smith, Adrienne Barbeau Adrienne Barbeau is the best selling author of Love Bites. With her customary wit and dead-on satire, Barbeau skewers Hollywood and vamp lit alike, casting the paparazzi as werewolves and certain Hollywood “monsters” as the genuine article. “Adrienne has taken a very tired genre and super-injected it with a hyper-charged blast of raw sexual energy. A wild, tense, exciting ride that instantly grabs you by the neck and doesn't let go!" -- Rob Zombie, director of The Devil’s Rejects and Halloween "Love Bites is pure fun from beginning to end." --David Morrell, New York Times bestselling author of Creepers "A fast, funny, sexy take on Hollywood vampires. Her vampires are not only divine, they're famous!" 7 --Anne Stuart, New York Times bestselling author of Fire and Ice B HARRISON SMITH Head of Independent Genre Division B Harrison Smith's first film was the acclaimed thriller, The Fields starring Oscar winner Cloris Leachman. His follow up venture into horror was the Corey Feldman cult hit, 6 Degrees of Hell. Smith's directing debut was the slasher Camp Dread starring Oscar Nominee Eric Roberts, horror veteran Danielle Harris and cult horror favorite, Felissa Rose. Anchor Bay releases his zombie action film Zombie Killers: Elephant's Graveyard on February third. The film stars Billy Zane, Dee Wallace, Mischa Barton and Felissa Rose. His reality show, Hang Men debuted successfully on Discovery in March 2014. Smith joins Felissa Rose as Co-Head of Carolco's Independent Genre Division. With a solid slate of films, they are coming out of the gate with Love Bites, an adaptation of the popular vampire novel by horror legend Adrienne Barbeau. Smith and Rose plan to expand their division into original series programming and secure a solid pool of talent to their roster of quality commercial genre product. 8 FELISSA ROSE Head of Independent Genre Division Felissa Rose is a fan favorite on both sides of the camera who brings tremendous buzz to every project she works on. At 13 she portrayed the first female, teenaged, serial killer, Angela in "Sleepaway Camp" and has developed a rabid fan base that has grown in size and intensity since then. After graduating NYU, Tisch School of the Arts, she decided to work in theatre in NYC and soon after returned to film. "Return to Sleepaway Camp", "Satan's Playground", "Dead and Gone", and "Horror" are among the list. Felissa became a consultant with Fangoria TV and produced several shows about Scream Queens and how to make horror films. Having worked on over 60 horror films to date, she recently produced several including "No Solicitors" starring Eric Roberts and Kim Poirier. In 2014 Image entertainment released Camp Dread, starring Danielle Harris, Eric Roberts and Felissa. She recently worked on Zombie Killer's alongside Billy Zane, Mischa Barton and Dee Wallace. Felissa just wrapped Blood Reservoir and has a slate of upcoming films. GeekNation is collaborating with her and Sean Whalen on a new TV project, Rewind. Along with producing partner, Harrison Smith, as Co-Head of the Independent Genre Division for Carolco Pictures, she expects to expand on her commercial viability and create more success for Carolco. 9 TV/FILM PRODUCTION: NICK THE DOORMAN Financing, development and production of the television pilot titled “Nick The Doorman,” an urban dramatic comedy, was completed in 2012 on a budget of $85,000. The pilot was written and directed by Nicholas Turturro (pictured below), who also starred in the pilot. “Nick The Doorman” is an urban dramatic comedy pilot set in New York City. It is centered on the life experiences of Nick, a funny, light-hearted doorman, at a historic and upscale Central Park South hotel. Nick and his colorful cast of friends, through interactions with one another and the hotel’s upper class celebrity and high society guests, provide a unique, comedic perspective of everyday life in the big city, and similarities and distinctions between the classes filtering in and out of the posh hotel. Currently there is interest in making it into a full length feature film. 10 TV PRODUCTION: HIGH FIVE Founded in Los Angeles in 1983, High Five Entertainment (“HFE” or “High Five”) is an internationally recognized, Emmy Award-winning, profitable entertainment production company based in Nashville, Tennessee. High Five’s team specializes in the development and presentation of quality television programming including music series, specials, unscripted television, live events and award shows. Client list includes: 11 BODY OF WORK UN-SCRIPTED/REALITY MUSIC SPECIALS/SERIES DRAG RACE HIGH (REALITY SERIES) BURNOUT (REALITY SERIES) MEET THE WILSONS (REALITY SERIES) THE WILSONS FLIP OUT (REALITY SERIES) STARS FOR STRIPES (DOCUMENTARY) RED CARPET SHOWS (LIVE) PASS TIME (GAME SHOW) COUPON LIVE (HOME SHOPPING SHOW) NAPA NOW (ONLINE MAGAZINE FORMAT) NOTEWORTHY (MUSIC SERIES) INVITATION ONLY (MUSIC SERIES) THE ROAD (MUSIC SERIES) MONDAY NIGHT CONCERTS (MUSIC SERIES) ALABAMA & FRIENDS (MUSIC SPECIAL) THE MAVERICKS (MUSIC SPECIAL) DARIUS RUCKER TRUE BELIEVERS (MUSIC SPECIAL) JAMES LAST (MUSIC SPECIAL) MUSIC 101 (MUSIC SPECIAL) OPRY AT CARNEGIE HALL (MUSIC SPECIAL) HOW GREAT THOU ART (MUSIC SPECIAL) SONG OF THE YEAR (MUSIC SPECIAL) LEVON HELM: RAMBLE AT THE RYMAN (MUSIC SPECIAL) ALISON KRAUSS: 100 MILES OR MORE (MUSIC SPECIAL) AQUAPALOOZA WITH ALAN JACKSON (MUSIC SPECIAL) GREAT PERFORMANCES: GARRISON KEILLOR (MUSIC SPECIAL) LIVE AMERICANA MUSIC AWARDS (AWARD SHOW) DOVE AWARDS (AWARD SHOW) OPRY LIVE (MUSIC SERIES) JASON ALDEAN FOR LIVE CMT MUSIC AWARDS FLOOD BENEFIT / NASHVILLE FLOOD TWISTER BENEFIT / OKLAHOMA AMERICAN RED CROSS BENEFIT / KATRINA HURRICANE SPORTS REAL PRO WRESTLING (OLYMPIC/COLLEGIATE WRESTLING SERIES) THE MOVE (REALITY RUNNING SHOW) SECRETS OF THE HUNT (OUTDOOR HUNTING SERIES) 12 MARKET STATS: TV PRODUCTION Solid and stable: TV Production growth can be attributed to revival in financing this sector that began in late 2010. U.S. Television Production Market (2009 – 19): – 2014 Revenue: $37 billion – Expected Annualized Growth Rate: 2.7% – Expected Annualized Growth Rate of GDP: 2.6% U.S. Movie & Video Production Market (2009 – 19): *Produce and distribute motion pictures and films. 2014 Revenue: $33 billion Expected Annualized Growth Rate: 2.7% Source: IBISWorld 13 MANAGEMENT Mario Kassar, Chairman of the Board. Mario has grossed over $3 billion dollars (in today's value) in worldwide theatrical box office receipts as producer and executive producer of films. Spanning more than a 30 year career, he has released 36 motion pictures of which 16 were nominated for Academy Awards receiving a total of 6 Academy Awards. He is well regarded as one of the best producers and executive producers in Holllywood's history. And now Mario Kassar is back with Carolco Pictures intent on producing his next great film, "Audition", a remake of Ryu Murakami cult horror classic from the hit novel. Alexander Bafer, Chief Executive Officer + Board Member. Alex is devoted to fueling the Company’s growth with capital and strategic vision. He is predominantly focused on ensuring the operations and capital needs of the Company and its businesses are being met, all while evaluating potential opportunities for organic and acquisition growth. Alex is a former hedge fund manager and former Managing Director of Preferred Securities Group in Boca Raton, Florida, where he oversaw operations of the firm's three trading offices. He has been responsible for assisting in the management of a $500mm portfolio and has an extensive financial services sector background. He has worked for venture capital firms, incubators and digital media companies. Having previously worked on some of the most noteworthy financing vehicles in the United States, Alex brings to Carolco tremendous experience and insight into profitable transactions. Frank Esposito, Chief Legal Officer + Board Member. Frank is the former general counsel to several notable production companies and previously counsel to software development and social media companies. He has also represented artists including a Grammy Award nominee and feature film directors. On the business side, Frank has papered multibillion dollar transactions and has litigated some of the most noteworthy cases in American jurisprudence. He has been serving as Carolco’s (formerly Brick Top) Chief Legal Officer since July, 2014. 14 MANAGEMENT CONT’D Martin Fischer, President of High Five Entertainment + Board Member. Martin is the founder of High Five and the guiding force in the continuing evolution of the company responsible for overseeing all areas of production and development across the company's diverse programming slate. Under his direction, High Five Entertainment has been nominated for 10 regional Emmy Awards and has won five. Edie Lynn Hoback, VP, CFO + Producer of High Five Entertainment. Edie is responsible for all financial and business operations, as well as the supervision of all television productions including budget planning and analysis, staffing, scheduling and technical logistics. B Harrison Smith, Head of Independent Film Genre Division. Harrison is a renowned director and producer. His first film was the acclaimed thriller, The Fields starring Oscar winner Cloris Leachman. His follow up venture into horror was the Corey Feldman cult hit, 6 Degrees of Hell. Smith's directing debut was the slasher Camp Dread starring Oscar Nominee Eric Roberts, horror veteran Danielle Harris and cult horror favorite, Felissa Rose. Anchor Bay releases his zombie action film Zombie Killers: Elephant's Graveyard on February 3rd starring Billy Zane, Dee Wallace, Mischa Barton and Felissa Rose. He joined Carolco in December 2014. Felissa Rose, Head of Independent Film Genre Division. Felissa has worked on over 60 horror films to date. She recently produced several including "No Solicitors" starring Eric Roberts and Kim Poirier. In 2014 Image entertainment released Camp Dread, starring Danielle Harris, Eric Roberts and Felissa. She recently worked on Zombie Killer's alongside Billy Zane, Mischa Barton and Dee Wallace. Felissa just wrapped Blood Reservoir and has a slate of upcoming films. 15 GeekNation is collaborating with her and Sean Whalen on a new TV project, Rewind. BOARD MEMBERS Robert "Rob" Ortiz. Rob is the industry veteran who has worked on such Academy Award winning films as Slingblade and Monster's Ball. He is one of the most innovative producers currently working in both film and television. As the Unit Production Manager on top rated NCIS: New Orleans, as well as Co-Producer of past box office hits like Texas Chainsaw Massacre 3D and Homefront, Ortiz knows how to create notable, and profitable, content. Ortiz joined the Board in December 2014. Jason Goodman. The three time Lumiere Award winning Innovator of motion picture production technology, Stereographer, Director of Photography, inventor and well-known speaker, Jason is at the vanguard of modern filmmaking. He has innovated both creatively and technically, providing optical technology for the 3D cameras on Sony’s Amazing Spider-Man and bringing award winning stereoscopic motion pictures to IMAX, RealD and Discovery channel screens around the world. His most recent advancements in the fields of virtual reality and unmanned aerial cinematography are as ground breaking as they are well-documented. He routinely speaks around the world about modernization and disruptive filming techniques. Mr. Goodman joined the Board in November 2014. Donovan J. Leitch. The son of Donovan, a Scottish singer, songwriter and guitarist who is also a Rock n Roll Hall of Fame inductee, Donavan J. Leitch spent his entire life in the entertainment industry. He brings to Carolco’s Board of Directors a keen understanding of all things creative and deep ties to industry leaders in film and television, music, fashion, technology, branding, hospitality, and nightlife. He joined the Board in April 2014. 16 KEY INFORMATION/CONTACTS State of Incorporation Florida Year End 12/31 Symbol CRCO Recent Price $1.00 Market Capitalization Shares Outstanding ~$54.24 million ~54.24 million Shares Authorized 400 million Transfer Agent Island Stock Transfer CEO & Chairman of the Board Alexander Bafer Chief Development Executive Mario Kassar For more information on Carolco, please visit us on the web at www.carolcopictures.com or email us at info@carolcopictures.com. Be sure to stay in touch! Tweet us @CarolcoPictures and like us on Facebook at https://www.facebook.com/carolcopictures OFFICE LOCATIONS LOS ANGELES: 9107 Wilshire Boulevard, Suite 450, Beverly Hills, CA 90210 – 310.957.2999 NEW YORK: 295 Madison Avenue, 12th Floor, New York, NY 10017 – 646.383.6090 NASHVILLE: 500 Church Street, Ste 410, Nashville, TN 37219 – 615.321.2540 BOCA RATON: 5550 Glades Road, Suite 500, Boca Raton, Florida 33431 – 561.826.9307 17