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HHSE Hannover House Inc (PK)

0.0074
0.0005 (7.25%)
06 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hannover House Inc (PK) USOTC:HHSE OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0005 7.25% 0.0074 0.006 0.0095 0.0085 0.005 0.006625 702,694 20:58:51

Hannover House Pacts with VUDU for V.O.D. Release of 40 Titles

26/09/2013 7:31pm

OTC Markets


Hannover House, Inc., (OTC Markets: HHSE), has signed an agreement with VUDU for the Video-on-Demand release of Hannover House films and videos. The initial slate includes forty titles, comprised of twenty catalog hits and twenty new releases, and will commence in January with the day-and-date retail availabilities of Hannover House DVD and Blu-Ray titles into Walmart Stores. VUDU is a leading Video-On-Demand portal for the streaming of HD Movies to consumers, offering the world's largest selection of HD movies from the major studio suppliers.


Current and upcoming new releases from Hannover House covered under the VUDU agreement include: Amityville Asylum, Blues for Willadean, The Coffin, Dinosaurs of the Jurassic World, Frankenstein 2014, The Midnight Horror Show, Ingloda: The Possession Within, Sunshine, To.Get.Her: The Spring Break Murders, Valley of the Witch and ten additional new release titles pending public announcement. Key catalog titles under the venture include: Animal Clinic, Come Away Home, Future Shock, Grand Champion, Joyriders, Pink Skies and Zombie Warz.



"We are very excited to have this direct relationship with VUDU," said Fred Shefte, President of Hannover House. "As the media of Video-On-Demand continues to grow, we see the establishment of direct relationships with key portals such as VUDU as being an important component of our growth strategy. VUDU's relationship with Walmart Stores has enabled them to experience growth at a greater rate than the Video-On-Demand category as a whole, so we feel that this relationship is a major step forward for Hannover House."



In the past, Hannover House has utilized third-party sales agencies for access to key Video-On-Demand outlets, including HULU, VUDU, I-Tunes, Amazon.com and Time Warner Cable. Hannover House continues to make in-roads in building direct relationships with these and other key V.O.D. portals, as a complementary revenue source to the company's forthcoming launch of the VODwiz.com, consumer-direct website and IPTV channel.



Some of the catalog titles from Hannover House may be posted for available streaming or download through VUDU within the next few weeks.



ABOUT VUDU - A leader in HD streaming, VUDU offers the world's largest selection of HD movies, including thousands of blockbusters, Hollywood classics and indies available in stunning HDX 1080p with Dolby Digital Plus 5.1 and 7.1 Surround Sound. Movies are available the same day they are released on DVD or Blu-ray, and can be rented or purchased without a subscription. VUDU is available on Internet-capable HDTVs and Blu-ray Disc players from FUNAI Electronics (Magnavox, Sylvania), LG Electronics, Mitsubishi Digital Electronics, Panasonic, Philips, Samsung, SANYO, Sharp, Sony, Toshiba and VIZIO, and on the PlayStation?3 computer entertainment system from Sony. VUDU is a wholly owned subsidiary of Walmart Stores, Inc., and is headquartered in Santa Clara, CA. For more information, visit: www.Vudu.com



ABOUT HANNOVER HOUSE - Hannover House is a full-service, independent media company, established in 1993 and specializing in home video releases and book publishing. The company has a film library of more than 180 titles, and a new release slate of 24 titles over the next 9-months. Key new releases for the company include the November launch of the John Lennon tribute CD ("Lennon Bermuda") and the Kennedy Assassination expose book, "The Verdict" by best-selling author Barr McClellan. Current DVD and Blu-Ray hits include "Zombie Warz" (at both Walmart and Redbox) and the upcoming Sundance Film Festival award winner, "To.Get.Her: The Spring Break Murders". Key accounts include Wal-Mart, Redbox, Netflix, SAMS, Harps, Best Buy and Barnes & Noble. Hannover House is headquartered in Springdale, Arkansas nearby to the world headquarters for Walmart Stores, Inc. For more information, visit: www.Hannoverhouse.com, or to view financials and disclosures, visit: www.OTCMarkets.com, ticker symbol: HHSE.



SAFE HARBOR STATEMENT


This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although the company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.


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