Milestone Group PLC Milestone Group Plc : Distribution Of First Independent Film

 
TIDMMSG 
 
 
   MILESTONE GROUP PLC 
 
   ("Milestone" or the "Company") 
 
   Distribution of First Independent Film 
 
   07 October 2016 
 
   Milestone, the AIM quoted (AIM: MSG) provider of digital media and 
technology solutions announces that its Nexstar joint venture with Black 
Cactus has just distributed its first independent film, Brash Young 
Turks, to the Amazon Prime global streaming service. 
 
   Following the announcement on 21 September 2016, Brash Young Turks is 
now available globally through the Amazon Prime service and is the first 
high profile independent film to fully utilise this new opportunity 
between Nexstar and Amazon Prime. Brash Young Turks is a film by award 
winning British director Naeem Mahmood and features such high profile 
names as Julian Glover CBE of Star Wars, Game of Thrones and James Bond 
fame, Grime music legend D Double E and former Mayor of London Boris 
Johnson. 
 
   The soundtrack is also being distributed by Nexstar and is now available 
through all major music services including Google Play, iTunes, Spotify, 
Deezer and Tidal. 
 
   With two new features in the works, also to be distributed by Nexstar, 
Naeem Mahmood is creating a new wave of British films. Production is 
underway on his stylized crime thriller 'Us' starring Billy Huxley and 
the dark psychological thriller 'In2ruders' starring the Bloom Twins. 
 
   Nexstar will earn a percentage of between 15% and 20% of all the revenue 
earned on streaming, rental or purchase of every title it distributes 
through its global distribution network, which now includes the 60 
million plus members of Amazon Prime.  The team behind Brash Young Turks, 
and those of all subsequent assets published by Nexstar will have access 
to the largest media customer base in the world while retaining control 
over their art and being able to uniquely manage the whole payment 
process. 
 
   Naeem Mahmood, Director of Brash Young Turks commented: 
 
   "I'm excited to be teaming up with Nexstar as we share the same vision 
of raising the bar for what British independent films can accomplish and 
how they're distributed." 
 
   Deborah White, CEO of Milestone commented: 
 
   "I'm delighted to be able to announce that our first distribution deal 
has gone live over Amazon Prime so soon after revealing the Amazon Prime 
opportunity. Nexstars' product suite is perfectly positioned to be 
exploited by the next generation of young creatives including the target 
audience of our flagship initiative, Passion Project. Having award 
winning Naeem Mahmood's new film as our first distribution and an 
agreement for his next two films is an excellent endorsement of the 
Nexstar suit of innovative technology. 
 
   For further information: 
 
 
 
 
Milestone Group PLC 
Deborah White, Chief Executive                   Tel: 0207 929 7826 
 
Cairn Financial Advisers LLP, Nominated Adviser 
Liam Murray                                      Tel: 0207 148 7900 
 
Hybridan LLP, Broker 
Claire Louise Noyce                              Tel: 0203 764 2341 
 
Walbrook PR Limited, PR 
Gary Middleton/Paul Cornelius/Paul Whittington   Tel: 0207 933 8780 
 
 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Milestone Group PLC via Globenewswire 
 
 
  http://www.milestonegroup.co.uk/

(END) Dow Jones Newswires

October 07, 2016 02:00 ET (06:00 GMT)

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