High Profile Video Release Slate for 2011 Helps Hannover House Sign New Wholesale Accounts
February 09 2011 - 3:51PM
Marketwired
Hannover House, the entertainment division of TARGET Development
Group, Inc. (PINKSHEETS: TDGI), has signed wholesale distribution
agreements with four additional, major video distributors that will
assist with the retail placement of the company's extensive 2001
line up of new release DVD and Blu-Ray video products. The addition
of these new accounts to the company's wholesale roster completes
the distribution plan set-forth in early 2010 by C.E.O. Eric
Parkinson, and provides Hannover House with nationwide, retail
reach comparable to the major studios.
Newly entered pacts have been made with A.E.C. Wholesale,
Navarre Corporation, Super-D Distributors and Westcott Marketing.
Key accounts serviced by these wholesalers include Target Stores,
K-Mart, Barnes & Noble, Borders Group, Family Christian Stores,
Christian Book Outlet, Berean Christian Stores, and dozens of other
chains collectively representing over 15,000 storefronts
nationwide. Hannover House currently sells to twelve key
wholesalers that service over 50,000 storefronts, including
Blockbuster and WalMart. The addition of these four new wholesale
distributors for Hannover House video products complements the
existing sales network and provides the company with access to
every major video retail chain in the United States that sells or
rents video products.
"We are excited about these new relationships," said Parkinson.
"As the company embarks on a major release slate of 36 or more new
video items this year, it was critical that we maximize our reach
to all major chains."
Hannover House has scheduled eight films for theatrical release
in 2011, and an additional 36 items for release to the video
market, including DVD, Blu-Ray and Video-On-Demand. Previously
announced video releases during 2011 include "Boiler Maker," "Cook
County," "Bobby Dogs" and "Championship Soccer." Previously
unannounced video releases for spring 2011 include the David
Carradine action-thriller, "Black Ops: Predator Drone," a four-pack
of Gladiator adventures entitled "Thor and More," and the Jules
Verne Collection of animated features, "Journey to the Center of
the Earth," "Around The World in 80 Days" and "20,000 Leagues Under
The Sea."
In addition to its vast and growing network of retail video
customers, Hannover House also services most major Video-On-Demand
suppliers, as well as Redbox kiosks.
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.
For more information on Hannover House and Target Development
Group, Inc., contact: Lauren Sterling 479-751-4500 Email:
Lauren@HannoverHouse.com
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