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Nexia Launches Film Distribution Company

11 November 2010

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Nexia Launches Film Distribution Company

Nexia Holdings, Inc. has launched a new company named Redline Entertainment, Inc. (Redline).

The company said that Redline was formed to assist filmmakers in securing distribution for their independent films.

Nexia noted that Redline would generate revenues by retaining distribution rights for each independent film it signs.

The Company said that the purpose of securing the distribution rights for a film like The Kane Files is to create an additional source of revenue by performing many of the same functions as an outside distribution company, while maintaining control over the proceeds from distribution.

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via Trading Markets

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