Quizam Media to Provide $6.25 Million (USD) to Clarius Entertainment

Press Releases |

March 25th, 2015 – Beverly Hills, CA – Quizam Media Corporation (“Quizam” or “the Company”) (QQ:CA) , through its President Russ Rossi, today announced that it has completed negotiations with Clarius Entertainment, LLC, to provide a $6.25 million USD revolving credit facility as part of a $25 million financing for the marketing and distribution of feature-length motion pictures in North America.

“Participating with Clarius, a leading distributor of independent films, is a critical piece of our long-term entertainment strategy”, said Russ Rossi, CEO of Quizam. “Clarius has an impressive slate of films for 2015 and beyond. We’re veryexcited to contribute to the company’s success,” continued Rossi.
“We are thrilled to have Quizam as a capital partner”, said William Sadleir, Clarius Entertainment’s CEO. “We commend Russ and his colleagues at Quizam for their thoughtful analysis of the economic merits of participating in film distribution”, said Sadleir. “Marketing and distribution capital is last-in, first-out, and is traditionally a more predictable income stream,” continued Sadleir.

“Besides a monthly income stream from our initial participation with Clarius, the terms of our deal include attractive bonuses tied to box office results”, said Rossi. “We also have the option of increasing our participation with Clarius, as the company’s slate of films increases.”

About Quizam Media and ontrackTV

Quizam Entertainment is a wholly owned subsidiary of Quizam Media. Quizam Entertainment is a producer, aggregator, marketer and broadcaster of movie entertainment – www.quizamentertainment.com

About Clarius Entertainment

Clarius Entertainment is a wholly owned subsidiary of privately-held Clarius Capital, Inc., a Beverly Hills-based company. Clarius Entertainment delivers studio-quality marketing and distribution services to established film producers who value creative independence, lower distribution fees, and transparent accounting. Clarius Entertainment releases films theatrically, and currently sub-distributes DVD/Blu-ray, VOD, and EST through 20th Century Fox Home Entertainment. (www.clarius.com)

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and nature of potential acquisitions, joint ventures, partnerships, business dealings and financings, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.

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