HOLLYWOOD, CA / ACCESSWIRE / January 28, 2015 / Mass Hysteria Entertainment Company, Inc. (OTC Pink: MHYS) (PINKSHEETS: MHYS), announced today it has signed a screenplay development deal with Watson & Holmes Story Labs. Watson & Holmes is the brainchild of businessman C.W. Mahne and screenwriter D. Michael Robinson. The company focuses on the development of broad ranging content, including literary, film and television. Robinson explained, "With Story Labs, we've funded a kind of creative greenhouse where we can grow content for film and television."
Said Mahne, "As the industry increasingly pushes the expense and risk of development out to the independents, we see an opportunity with Daniel Grodnik's Mass Hysteria Entertainment for a type of development factory."
The first project on the development slate is the screen adaptation of the New York Times best selling novel, "THE DEVIL IN PEW NUMBER SEVEN" for Affirm Films, the faith based label of Sony Pictures. Grodnik produces and Mahne and Robinson will serve as Executive Producers on the film.
Said Grodnik, "Story development for film and television is capital intensive. This venture with Chris and David enhances Mass Hysteria’s ability to work with talented writers and filmmakers by underwriting the purchase and development of books, scripts and teleplays. We believe by increasing our creative bandwidth in development, we'll also be able to increase our production capability. Watson & Holmes is a strategic building block toward Mass Hysteria becoming a full service studio."
Mass Hysteria Entertainment recently announced its' entry into the film finance business. Under their Remark Pictures label, Mass Hysteria co-financed "DAUGHTER OF GOD" starring Keanu Reeves and Ana De Armas.
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SOURCE: Mass Hysteria Entertainment Company, Inc.