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Deadline Hollywood Exclusive: 'Terminator,' 'Basic Instinct' Producer Piecing Together 'Audition' Remake

Wednesday, 28 January 2015 10:22 AM

Carolco Pictures Inc.

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BOCA RATON, FL / ACCESSWIRE / January 28, 2015 / Carolco Pictures, Inc. (OTCQB: CRCO), announced today that Carolco Pictures' Chief Development Executive, Mario Kassar, was the subject of a Deadline Hollywood, story exclusive entitled: "'Terminator', 'Basic Instinct' Producer Piecing Together 'Audition' Remake". The story goes on to say (paraphrased) "exec producer Mario Kassar is assembling an English-language adaptation of Audition, the infamous 1997 novel by Japanese author Ryu Murakami and the new Kassar-produced version is based on the original Murakami novel and will transplant the story to an American setting." Deadline Hollywood (http://www.deadline.com), has become the authoritative source for breaking news in the entertainment industry and is regularly included on lists of top entertainment websites. The story can be found at http://deadline.com/2014/06/audition-remake-mario-kassar-murakami-miike-797419.

Mario Kassar, a Carolco Pictures original founder, was recently named Chief Development Executive at Carolco pursuant to the meeting of a multi-million dollar contractual condition precedent to fund his newest film project "Audition", a psychological horror-drama. "Audition" would be the second production to carry the new Carolco label. To date, he has released 36 motion pictures, of which 16 have been nominated for Academy Awards. Kassar served as Executive Producer of such hits as the Rambo films, Terminator 2: Judgement Day, Basic Instinct, Total Recall, Terminator 3: Rise of the Machines, Cliffhanger and Stargate, among others. In total, his films as producer and executive producer have grossed more than $3 billion (today's value) in worldwide theatrical box office. For more information see Mario Kassar, www.mariokassar.com.

About Carolco Pictures:

For more information on Carolco Pictures, and its subsidiaries, please visit, www.bricktopproductions.com, www.carolcopictures.com and www.highfiveentertainment.net. Carolco Pictures has offices in New York City, Beverly Hills, Boca Raton and Nashville. Carolco's most recent regulatory filings and financial information can also be found on the Securities and Exchange Commission's website at www.sec.gov.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.

CONTACT:

For further information contact:
Kimberly Mulloy
Public Relations
[email protected]
(561) 826-9307

SOURCE: Carolco Pictures, Inc.

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