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EVN Environ Group

0.55
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Environ Group LSE:EVN London Ordinary Share GB00B50K2P36 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.55 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

EVN to co-produce new film

19/06/2007 3:29pm

UK Regulatory


RNS Number:6346Y
Europe Vision PLC
19 June 2007

                                
                                Europe Vision plc
                                (The 'Company')
                                        

                    Europe Vision to co-produce religious epic



Europe Vision, the AIM listed studio-to-screen European media company, announces
that it will be co-producing a major new motion picture involving financing and
expertise from Hollywood, Morocco, the United Kingdom and the United Arab
Emirates.


The film is called "The Message" and will tell the story of Islam. The producer,
Castro Khatib, has secured conditional financing commitments to ensure a
projected budget of Euro138m. The film will be produced in Morocco at the MFC
studios in Marrakech which is managed by Europe Vision and in which it has an
11pc interest. The Company will receive a co-producer fee of Euro3m payable during
shooting.


Commenting on the announcement Europe Vision's Chairman, David Lowe, said: "We
are delighted to be co-producing this important film of enormous current
interest. The deal will deliver key content to the distribution network we are
assembling. The Message will be one of four films that the Morocco Film City
development will facilitate in the next 12 months. Part of our management deal
is that we receive Scandinavian rights without charge for all of these films
including The Message."


"This is the first film to have been developed under the co-funding agreement
with EuropeInvestment A/S, (formerly known as Live Network Holdings) that the
Company announced on 17 April 2007 (other projects, like Sebastian's Love,
continue in development).


The enormous success of Mel Gibson's 'The Passion of the Christ' (over Euro500m
worldwide) shows that there is a market across all cultures and religions for
such subject matters."


Castro Khatib said: "This is a major 'event' project. The financial backing from
all denominations of investors in Europe and the UAE means that we can approach
the very best Hollywood talent. Right now we are targeting the likes of Academy
Award winner, Martin Scorsese, to work with us on the script and casting. We
will start shooting in Morocco and the UAE next spring."



                                    - Ends -



Enquiries:



Europe Vision plc

David Lowe, Chairman


Bell Pottinger Corporate and Financial

Olly Scott 078 1234 5205



Notes


1.  Castro Khatib is Managing Director of Aladdin Investments which now owns 
    31.58pc of the Company.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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