STARZ ANIMATION TORONTO, MULTIPLE MEDIA ENTERTAINMENT, AND GIGAPIX STUDIOS ANNOUNCE THE COMMENCEMENT OF PRODUCTION OF AN ADAPTATION OF L. FRANK BAUM'S "THE WONDERFUL WIZARD OF OZ"

STARZ ANIMATION TORONTO, MULTIPLE MEDIA ENTERTAINMENT, AND GIGAPIX STUDIOS ANNOUNCE THE COMMENCEMENT OF PRODUCTION OF AN ADAPTATION OF L. FRANK BAUM'S "THE WONDERFUL WIZARD OF OZ"

TORONTO, April 6 /PRNewswire/ - Starz Animation Toronto, Multiple Media
Entertainment (MME), and Gigapix Studios announced that they are set to
begin production on the stereoscopic CG animated feature film, with the
working title OZ3D, a humorous and contemporary adaptation of the L. Frank Baum classic
book, "The Wonderful Wizard of Oz."

The film is budgeted at $20 million with Michael Taylor and Drew Craig
of MME Executive Producing.  The deal was brokered by Starz Animation's
EVP Jeff Young.  The script was penned by Connor Pritchard (co-creator
of the new Comedy Central series Workaholics).

According to Taylor, "Coming off the tremendous job that Starz Animation
Toronto did on the hit CG animated feature film Gnomeo and Juliet, they were undeniably the place to go for world class production talent
and experience to execute on such an internationally known and beloved
property like OZ." Young adds, "We're thrilled to now step into the
producing role and maximize the strength of our studio on all levels."
Young continued, "Creatively, the OZ3D project is hilarious, perfect
for the modern audience and at the same time is respectful of the
underlying material."

President of Gigapix Studios, David Pritchard commented, "Working with
Starz Animation and MME gives us an unparalleled combination of
creative talent and executive experience that provides an excellent
foundation for building a long lasting relationship to create and
produce high quality animation for OZ3D as well as other projects to
come."

Worldwide distribution for the film will be handled by MME. MME and
Gigapix have entered into a US representation agreement with Gigapix
Studios' distribution company, Gigapix Releasing, securing through its
newly formed P&A fund, a minimum commitment of $10MM for a theatrical
release on a minimum 1,000 screens.

Starz Animation's Rob Silvestri will be directing. Previously Rob
created and directed the multiple award-winning animated short Ormie and worked extensively on Gnomeo & Juliet and the Tim Burton produced animated film "9".

About Starz Animation

Starz Animation is Canada's leading CG-animation and Visual Special
Effects studio. Starz Animation is a partnership with majority
ownership recently purchased by a Canadian investor group. Starz LLC, a
controlled subsidiary of Liberty Media Corporation remains a minority
partner in the new Canadian operations.

About Multiple Media Entertainment, Inc.

Multiple Media Entertainment was founded by Drew Craig and Michael
Taylor, who are the company's Chairman and CEO respectfully. Multiple
Media Entertainment is a full service media content distribution
company with offices in Toronto and Vancouver. It is involved in all
aspects of the entertainment content industry, including
co-development, co-production, distribution, product integration,
branded content and barter distribution.

About Gigapix Studios, Inc.

Gigapix Studios is a diversified independent entertainment company
encompassing film, television, new media, and distribution through the
newly formed Gigapix Releasing.  The company features an experienced
and award winning management team of veteran film and television
executives, along with digital media and marketing experts. Gigapix
Studios and Gigapix Releasing takes a strategic approach towards
creating and distributing content with a focus on creating distinct
entertainment brands across multiple platforms. Gigapix Studios
co-produced the acclaimed feature film, Captain Abu Raed (Winner of the World Cinema Audience Award at Sundance) as well as the
award winning documentary, Baker Boys: Inside the Surge. The Company recently completed production on the scripted comedy series "Workaholics" for Comedy Central, based on a web series developed in-house at
Gigapix.

SOURCE OZ3D Productions Ltd.

OZ3D Productions Ltd.

CONTACT: Steven Hecht
Starz Animation
Steven.Hecht@Starz.com
(416) 682-5296 Alfred Hopton
Gigapix Studios
ahopton@gigapixstudios.com
(818) 592-0755

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