Greetings HHSE Friends & Followers - We cannot stress how material and monumental the news of today is: that we are going to be the FIRST production company to make a fully CGI - Artifical Intelligence generated animated feature with JOURNEY TO UTOPIA.
For decades, Disney, Pixar, Fox and Universal / Amblin have controlled the $400+BILLION annual world animation market - due to the obstacles of the HUGE production costs and multi-year schedules that animated features have traditionally required. That all goes away with the advent of Ultra-HD quality AI generated animation, following top-shelf character designs, scene structures and built atop a solid script with Academy Award level voice actors.
Suddenly, a (currently) small company like Hannover House (and our new INTELIMATION AI division) can produce a film that looks and feels comparable to the top studio releases.
But we can do it for $4-million and finish it in less than 8-months. Best of all, the production costs are fully covered by production incentives, bank gap credit and private investors... so HHSE does not have to struggle to find capital or dilute the company's share structure with stock issuances.
This is a seminal moment in the company, and one that will be further enhanced by our uplist filings and the MyFlix division.
Get ready, friends. It's going to be an exciting ride!
UPDATE: JUNE 2024 - Although our announcement last September had virtually no impact on the price or volume of the HHSE stock - some shareholders have still requested an UPDATE on this project. Our private equity fund supporting this release gave us only one condition: that the three top characters be Academy Award winning actors. While we are pleased to have Forest Whitaker and Kim Basinger still committed to this project, we regret to announce that the agent for Shirley MacLaine does not feel she is physically "up" to the project - even with our offer to send a sound recordist to Santa Fe to record the character in her home. We have been pursuing replacement actresses to portray "Mother Goose" - on the condition that the performer be an Oscar winner. Thus far, we have not secured a suitable replacement. SO - the project has been delayed by about 9-months due to this casting development. Fortunately, no other studio has beaten us to the "first ever AI Generated Animated Feature" prize... so that's still an exciting position for HHSE.
Hannover House forms InteliMation AI for
first major A.I. Animated Feature Production
JOURNEY TO UTOPIA to begin production
in December with A-List Voice & Music Talent
Major launch planned for Cannes and
Summer (2024) Theatrical Release
New York, NY - 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.
“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