Seven Arts Entertainment Inc. Breaks Silence and Announces Multi-Million Revenue Deals
Seven Arts Entertainment (OTC:SAPX) has announced several major business developments. The company has partnered with Crusher Films to co-produce a live-action franchise starring WWE wrestler Adam Scherr, with Crusher raising up to $50 million for the project. The deal includes franchise expansions into action figures, video games, and a restaurant chain.
The company confirmed its previous Lionsgate Films Output Agreement has been transferred to Starz following Lionsgate's restructuring. Additionally, SAPX has signed a Letter of Intent to acquire a revenue-generating subsidiary in entertainment marketing and branding, to be finalized within two weeks using cash and preferred stock. The company is also strengthening its governance by appointing a new independent board member with expertise in turnaround management.
Seven Arts Entertainment (OTC:SAPX) ha annunciato importanti sviluppi aziendali. La società ha stretto una partnership con Crusher Films per co-produrre un franchise live-action con protagonista il wrestler WWE Adam Scherr, con Crusher che raccoglierà fino a 50 milioni di dollari per il progetto. L'accordo prevede l'espansione del franchise in action figures, videogiochi e una catena di ristoranti.
La società ha confermato che il suo precedente Accordo di Distribuzione con Lionsgate Films è stato trasferito a Starz a seguito della ristrutturazione di Lionsgate. Inoltre, SAPX ha firmato una Lettera di Intenti per acquisire una controllata redditizia nel marketing e branding dell'intrattenimento, con finalizzazione prevista entro due settimane tramite pagamento in contanti e azioni privilegiate. L'azienda sta anche rafforzando la governance nominando un nuovo membro indipendente del consiglio con esperienza nella gestione di risanamenti aziendali.
Seven Arts Entertainment (OTC:SAPX) ha anunciado varios desarrollos empresariales importantes. La compañía se ha asociado con Crusher Films para coproducir una franquicia de acción real protagonizada por el luchador de la WWE Adam Scherr, con Crusher recaudando hasta 50 millones de dólares para el proyecto. El acuerdo incluye expansiones de la franquicia hacia figuras de acción, videojuegos y una cadena de restaurantes.
La empresa confirmó que su anterior Acuerdo de Distribución con Lionsgate Films ha sido transferido a Starz tras la reestructuración de Lionsgate. Además, SAPX ha firmado una Carta de Intención para adquirir una subsidiaria generadora de ingresos en marketing y branding de entretenimiento, que se finalizará en dos semanas mediante efectivo y acciones preferentes. La compañía también está fortaleciendo su gobernanza nombrando un nuevo miembro independiente en la junta con experiencia en gestión de reestructuraciones.
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Seven Arts Entertainment (OTC:SAPX) a annoncé plusieurs développements majeurs. La société s'est associée à Crusher Films pour coproduire une franchise en live-action mettant en vedette le lutteur WWE Adam Scherr, Crusher levant jusqu'à 50 millions de dollars pour le projet. L'accord inclut des extensions de la franchise vers des figurines, des jeux vidéo et une chaîne de restaurants.
La société a confirmé que son précédent Accord de Distribution avec Lionsgate Films a été transféré à Starz suite à la restructuration de Lionsgate. De plus, SAPX a signé une Lettre d'Intention pour acquérir une filiale générant des revenus dans le marketing et le branding de divertissement, finalisée sous deux semaines via un paiement en espèces et en actions privilégiées. L'entreprise renforce également sa gouvernance en nommant un nouveau membre indépendant du conseil avec une expertise en gestion de redressement.
Seven Arts Entertainment (OTC:SAPX) hat mehrere bedeutende Geschäftsentwicklungen bekannt gegeben. Das Unternehmen hat eine Partnerschaft mit Crusher Films geschlossen, um eine Live-Action-Franchise mit dem WWE-Wrestler Adam Scherr zu koproduzieren, wobei Crusher bis zu 50 Millionen US-Dollar für das Projekt aufbringen wird. Der Vertrag umfasst Franchise-Erweiterungen in Form von Actionfiguren, Videospielen und einer Restaurantkette.
Das Unternehmen bestätigte, dass die frühere Lionsgate Films Output-Vereinbarung nach der Umstrukturierung von Lionsgate an Starz übertragen wurde. Zusätzlich hat SAPX eine ٲäܲԲ unterzeichnet, um eine umsatzgenerierende Tochtergesellschaft im Bereich Entertainment-Marketing und Branding zu erwerben, die innerhalb von zwei Wochen mit Bargeld und Vorzugsaktien abgeschlossen werden soll. Das Unternehmen stärkt zudem seine Unternehmensführung durch die Ernennung eines neuen unabhängigen Vorstandsmitglieds mit Erfahrung im Turnaround-Management.
- Partnership with Crusher Films for $50M franchise project without issuing new debt or stock
- Output Agreement with Starz (formerly Lionsgate) remains active
- Pending acquisition of revenue-generating entertainment marketing subsidiary
- Addition of experienced independent board member for improved governance
- Extended period of silence and lack of communications with shareholders
- Details of major projects still under NDA or pending future announcements
- Specific financial terms and revenue impacts not disclosed
ATLANTA, GA / / July 11, 2025 / Seven Arts Entertainment Inc. (OTC PINK:SAPX), the "Company", a legacy film and music production company, is pleased to announce the following updates:
Recently Seven Arts has partnered with Crusher Films, to co-produce a live action franchise starring WWE wrestler and professional strongman, Adam Scherr. Crusher Films is headed by Max Zell who has been a producer across film, television and sports entertainment. Zell's credits include the sci-fi film "Code 8", documentaries such as "Ghostheads" and "RoboDoc: The Creation of RoboCop". Alongside Zell's mentor, Cary Woods of Independent Pictures, Zell helped develop Apple TV's first unscripted series, "Home". Under Independent Pictures Zell also helped produce "Scream", "Godzilla", "Rudy", and "So I Married an Axe Murderer".
Although specific details surrounding the project remain temporarily under NDA, both Seven Arts, Crusher and additional partners intend to produce the film and its sequel in simultaneously as well as develop a host of other licensable properties around the franchise, such action figures, video games, and a restaurant chain.
Crusher has begun raising up to
Approximately a year ago the Company, through its "X" social media account, made several announcements regarding an Agreement with Lionsgate Films. During this time Lionsgate had also embarked on a significant restructuring that was outside of the scope of Seven Arts. The Company was encouraged not to make any formal announcements ahead of Lionsgate as to not unintentionally mislead Lionsgate shareholders. As a result of Lionsgate's changes, the Seven Arts Output Agreement was assigned to Starz during its spinout as an independent entity. The Agreement, now through Starz, remains in effect. Seven Arts is currently in the process of leveraging this relationship with regard to the Adam Scherr/Crusher Films project.
In addition to these developments, Seven Arts has recently entered into a Letter of Intent to acquire an additional subsidiary. The target company, which generates significant revenue, is focused on marketing and branding on behalf of a large roster of entertainment industry clients in both music and film. The acquisition, which is expected to close within the next two weeks, is being executed through a combination of cash and preferred stock. There will be no convertible debt or common stock issued in conjunction with the Agreement. Further details will be announced in the days to come.
Finally, the Company's board of directors has approved the appointment of an additional independent board to objectively oversee the long-term health of Seven Arts. The first independent board member, which is expected to be announced next week, is a dynamic international business consultant and turnaround specialist, known for his deep expertise across real estate, oil and gas, and tribal governance as a proud native of Chickasaw and Choctaw descent.
His family owns one of the largest turnaround management firms, specializing in receivership's, court-appointed oversight, forensic accounting, fraud investigation, and tribal governance. The company currently manages hundreds of millions of dollars in assets across various industries.
With a proven track record of success and a diverse range of expertise, as an independent board member, he is committed to helping Seven Arts navigate complex challenges and achieve sustainable growth.
Stated Max Zell of Crusher Films: "We're extremely excited to be working with Seven Arts on a project that we believe will be wildly successful and take the film industry by storm."
Stated Seven Arts director, Thom Hazaert: "As Adam Scherr and I are both natives to Wisconsin, we immediately hit it off and I couldn't be more pleased to play a small part in helping bring his vision for this film to life."
Stated Seven Arts CEO, Jason Black: Despite a quiet period of Company announcements, shareholders can be assured we have been actively working behind the scenes to bring significant value to Seven Arts. I am hyper focused on executing strong revenue deals for the Company and showing the market how obscenely undervalued we are. Announcements will be going from zero to a hundred over the next several weeks as we unveil the specifics of what we're developing.
About: Seven Arts Entertainment Inc. is a media and entertainment company developing a diverse portfolio of intellectual properties in the film and music industries.
Forward-Looking Statements:
This press release contains forward-looking statements. The words 'believe,' 'may,' 'estimate,' 'continue,' 'anticipate,' 'intend,' 'should,' 'plan,' 'could,' 'target,' 'potential,' 'is likely,' 'will,' 'expect' and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Contact:
X: @SAPX_7arts
SOURCE: Seven Arts Entertainment, Inc.
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