RCR Media Group Extends Partnership With Sony Pictures Worldwide Acquistions

RCR Media Group Extends Partnership With Sony Pictures Worldwide Acquistions

LOS ANGELES, March 9, 2011/PRNewswire/ --

- African Investor to Finance Films with Major Studio Partners

Rui Costa Reis and Eliad Josephson of RCR Media Group, a private equity
film financing company in Beverly Hills announced an extension of their deal
with Sony Pictures Worldwide Acquisitions (SPWA) to co-finance a slate of
feature films for 2011 and 2012. RCR and SPWA first partnered in 2009 to
produce blockbuster sequels such as 30 Days of Night: Dark Days and Stomp the
Yard: Homecoming.

The 2011 slate will include S.W.A.T.: Firefight, Hostel Part III, and
Quarantine 2: Terminal. It will also include acquisitions such as The Hit
List starring Cuba Gooding Jr. (Jerry Maguire, Men of Honor).

RCR Media Group Chairman Rui Costa Reis said: "We are looking to partner
with like-minded studios on the world-wide release of high-quality,
commercial films. With long term business plans in place and a diversified
film slate, we are positioned to become a brand name in film financing."

Through this financing unit, Costa Reis plans to announce additional
studio deals and partnerships in the coming months.

RCR Media Group Chairman Rui Costa Reis and CEO Eliad Josephson will
serve as the executive producers on all titles. Commenting on the recent
deal, Josephson said: "We are proud to have the opportunity to co-finance
with Sony Pictures Worldwide Acquisitions multiple films over a number of
years. After finding an ideal partner in Sony, it was only natural to extend
our relationship."

Costa Reis was born and raised in Angola, and splits his time between
Angola, Portugal, Monaco and the United States. A self-made businessman, he
is dedicated to improving the quality of life in Angola and closing the
cultural circle between the United States and Angola.

Please contact for more information:

DDA Public Relations
Dana Archer
dana.archer@ddapr.com
+1-310-205-4868

Source: RCR Media Group

Please contact for more information: DDA Public Relations, Dana Archer, dana.archer@ddapr.com, +1-310-205-4868

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