Gener8Xion Entertainment's 'One Night With The King' Debuts in the Top 10 Grossing Films in America
Gener8Xion Entertainment's 'One Night With The King' Debuts in the Top 10 Grossing Films in America
LOS ANGELES, Oct. 17 /PRNewswire-FirstCall/ -- Gener8Xion Entertainment, Inc. (BULLETIN BOARD: GNXE) , announced today that the theatrical release of its epic feature film "One Night With The King" (http://www.8x.com/onenight) (the "Film") has grossed over $4 million in its debut weekend, landing the film in the top ten bracket of highest grossing Films in the country. In addition, the Company is announcing that the Film placed 4th amongst this weekend's nationally released films for the coveted 'per-screen' average number. This average is a good indicator of overall audience enthusiasm for a film and subsequent word-of-mouth marketing that occurs among movie going audiences.
Commenting on the announcement, Matthew Crouch, Chairman and CEO of Gener8Xion Entertainment, Inc. said, "This is truly a historical time for Gener8Xion Entertainment and a time to celebrate."
According to the Los Angeles Times, "Gener8Xion Entertainment Inc.'s biblical saga "One Night With the King," featuring Peter O'Toole and Omar Sharif, fared slightly better than expected, placing ninth with an estimated gross of $4.3 million."
The Hollywood Reporter wrote, "Arguably, the most surprising film performance of the weekend came from indie company Gener8Xion Entertainment, which opened "One Night With the King" on 909 screens nationwide. The biblical story of Queen Esther earned a remarkable $4.1 million for a ninth-place showing and a solid per-theater average of $4,518.
Variety commented, "In other new rollouts, the Gener8Xion label's indie religious pic "One Night With the King" made a strong bow in just 909 markets. Pic landed $4.3 million to put it solidly in the top 10, just edging out Paramount's heathen holdover "Jackass Number Two."
Gener8Xion Entertainment, Inc. is an integrated media company engaged in various operating activities including family feature films and television production and distribution, sales and rentals of film and video equipment, systems integration and studio facility management.
This press release contains or may contain forward-looking statements such as statements regarding the growth of Gener8Xion Entertainment, Inc. (the "Company") (http://www.8x.com/) and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect. Gener8Xion Entertainment, Inc. disclaims any obligation to update forward-looking statements. Gener8Xion Entertainment, Inc. is located at 3400 Cahuenga Boulevard, Hollywood, CA 90068.
Corporate Contact: Investor Contact:
Marcos M. De Mattos Redwood Consultants, LLC
Corporate Vice President +1-415-884-0348
Gener8Xion Entertainment, Inc. InvestorInfo@RedwoodConsultants.com
+1-323-874-9888
marcos@8X.com
Press Contact:
Dea Shandera
+1-310-396-9153
deashandera@yahoo.com
Source: Gener8Xion Entertainment, Inc.
CONTACT: Marcos M. De Mattos, Corporate Vice President of Gener8Xion
Entertainment, Inc., +1-323-874-9888, marcos@8X.com; or Investors, Redwood
Consultants, LLC, +1-415-884-0348, InvestorInfo@RedwoodConsultants.com; or
Press, Dea Shandera, +1-310-396-9153, deashandera@yahoo.com, both for
Gener8Xion Entertainment, Inc.
Web site: http://www.8x.com/onenight
Web site: http://www.8x.com/
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