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News - Hannover House (OTC: $HHSE) New Division announces JOURNEY TO UTOPIA,
A.I. Animated Feature Production; @hannover_house
New York, NY, September
18, 2023 -
Breaking AI and Entertainment stock news
from Investorideas.com
InteliMation AI, a newly formed division of
indie studio Hannover House, Inc. (OTC:
HHSE), has secured a private investment
commitment to produce the world’s first fully A.I. and CGI generated feature
film, the family appeal fantasy film, “Journey to Utopia.” Featuring a
voice talent cast of Academy Award winning actors and box office stars, the
film’s visuals will be fully generated using cutting-edge Artificial
Intelligence visual rendering, based on producer-supplied scene structure input
and character designs.
Read this in full at https://www.investorideas.com/news/2023/technology/09181HHSE-JOURNEY-TO-UTOPIA.asp
“We
have been trying to produce this film for the past ten years,” said Eric Parkinson,
C.E.O. of Hannover House. “But the visual demands of creating the land of
Utopia made the production costs prohibitive and financially risky. That has
changed now with the new A.I. technology and our improved strategy to make the
film animated as opposed to live-action,” he concluded.
“The
Artificial Intelligence CGI technology has reached a point where we can create
an animated feature that is visually comparable to a $200-million-dollar studio
production, but completed for a fraction of the cost and time,” said Parkinson.
“From script to theatrical DCP, we can produce a major studio quality animated
feature in less than eight months.”
“The
technology from InteliMation should herald in a major paradigm shift in
entertainment,” said Christian Large, an independent producer and advisor to
Hannover House. “High-end animated features will no longer take multiple years
and hundreds-of-millions of dollars to produce. This technological breakthrough
will enable a broader range of stories to be created and released, which
ultimately will help expand the market,” he concluded.
The
script for “JOURNEY TO UTOPIA” was written by Mike Snyder (“Wildfire”) based on
a story by Eric Parkinson. The
production is in negotiations to secure three Academy Award winning actors as
voice talent for the film. Shirley
MacLaine is pegged for the role of “Mother Goose;” Forest Whitaker is being
pursued to portray the principal antagonist, “Valkerna,” and Kim Basinger is
being pursued in the role of “Connie Hammonds,” the mother of one of the kids
who becomes trapped in the land of Utopia.
Pending
receipt of a Screen Actors Guild waiver for the production, recording of voice
talent is expected to start in late November.
A promo reel is planned for the Cannes 2024 festival with a USA Theatrical
launch targeted for July 2024.
The
world animation market will generate over $411-billion dollars in 2023,
according to Statista Research Department – and is expected to grow to over
$580-billion by the year 2030. The A.I.
fueled software technology pioneered by Hannover House and InteliMation will
revolutionize how animated features and television programming are made.
Hannover House
and InteliMation are targeting to complete two animated features in 2024, with
three set for 2025 and four features per year beginning in 2026. Hannover House will handle the sales
representation of the films worldwide, and will coordinate North American
theatrical and ancillary sales campaigns with exhibitors, partner studios and
major video-on-demand platforms.
Hannover House was formed in 1993 and has found success in a variety of
indie film distribution arenas, from DVD and VOD distribution to theatrical
exhibition.
The release plans
for “Journey To Utopia” will follow a traditional model of a wide USA
theatrical launch, followed by Video-On-Demand and physical goods (DVDs /
BluRay units).
About Eric Parkinson and Hannover House
Eric Parkinson is
an indie film distribution veteran of over thirty-five years, best known for
his long reigns as CEO of both Hannover House, Inc. and Hemdale
Communications. Parkinson has been
directly involved with the release of more than 1,500 feature titles, including
notable release campaigns for commercial hits including “Terminator,”
“Highlander 2” and Best Picture Oscar winners “Platoon” and “The Last Emperor.”
Animated features distributed by Parkinson include three #1 Billboard Magazine
Top Selling hits, “Little Nemo: Adventures in Slumberland”, “The Magic Voyage”
and “The Princess and the Goblin.” On
the production side, Parkinson has over fifty feature film credits as a
Producer or Executive Producer, and just completed his directorial debut with “WILDFIRE:
The Legend of the Cherokee Ghost Horse,” starring Anne Heche in her final
feature release. Hannover House was
formed in 1993 as a book publisher, but grew into a top ten Walmart DVD
supplier by the mid ‘2000’s with dozens of indie releases populating the
popular DVD Budget Bins nationwide. The company expanded into theatrical
releases, which were a transitional business model to service the growing
Video-On-Demand market. Hannover House stopped representing third-party / indie
films in 2018 in favor of a business model that focuses resources on the
creation of original, high-profile feature productions.
For
More Information Contact:
ERIC
PARKINSON, Hannover Studios AI, Eric@HannoverHouse.com
/ 818-481-5277
DESIREE
GARNIER – MyFlix, Desiree@HannoverHouse.com
/ 479-283-8318
Director
ERIC PARKINSON is targeting a trio of Academy Award winning actors for “JOURNEY
TO UTOPIA” – the first-ever fully AI and CGI generated animated feature film. Pictured
above: SHIRLEY MACLAINE, FOREST WHITAKER, KIM BASINGER and director ERIC
PARKINSON.
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