CalTrade Report, california, California global, California international, Hollywood, Dubai, United Arab Emirates, Fortitude Entertainment Group, motion picture production - FORTITUDE ENTERTAINMENT IN DUBAI DEAL - CalTrade ReportAsia Quake Victims LOS ANGELES – 04/03/06 – Fortitude Entertainment Group is preparing to launch its newest venture, a division called Fortitude Gulf in Dubai, United Arab Emirates (UAE); the new company will develop a motion picture production studio aimed at rivalling the biggest majors, and a theme park, in an effort that could, the company says, create the next Hollywood in Dubai. - LOS ANGELES – 04/03/06 – Fortitude Entertainment Group is preparing to launch its newest venture, a division called Fortitude Gulf in Dubai, United Arab Emirates (UAE); the new company will develop a motion picture production studio aimed at rivalling the biggest majors, and a theme park, in an effort that could, the company says, create the next Hollywood in Dubai. - FORTITUDE ENTERTAINMENT IN DUBAI DEAL CalTrade Report, california, California global, California international, Hollywood, Dubai, United Arab Emirates, Fortitude Entertainment Group, motion picture production - FORTITUDE ENTERTAINMENT IN DUBAI DEAL

 

Saturday, July 04, 2009 – CTR – ">

 

Become a CalTrade Member--It's Free!
Front Page
Page Two
PR Newswire
Opinion
Profiles
Trade Leads
Calendar
Mission
Editor
Press Releases
Partner Orgs
Advertise Opp.
Contact Us
Int.Time Clock
Currency Calc
Cal Links
Free Services


Page Two

E-mail PagePrint Version



FORTITUDE ENTERTAINMENT IN DUBAI DEAL

LOS ANGELES - 04/03/06 - International media conglomerate Fortitude Entertainment Group is preparing to launch its newest venture, a division called Fortitude Gulf in Dubai, United Arab Emirates (UAE). 

The venture calls for Fortitude Gulf to develop a motion picture production studio that will rival the biggest majors, as well as a theme park, in an effort that could, the company says, create the next Hollywood in Dubai.  

Fortitude will reportedly be taking some of their 20 picture productions to Dubai for filming this year.

In addition, the company is planning a theme park, movie theaters and a major studio facility in Dubai, then branching into other areas of the region including bringing several studio brands into the Middle East.

"We believe the gulf region and specifically Dubai, is a prime multi-cultural market capable of becoming the next Hollywood.  The people are great and it is a progressive, beautiful area," said Steve Delaportas, CEO of Fortitude Entertainment.

"Many people are asking 'why Dubai', our answer is that Dubai is the Diamond of the Middle East.  It is very progressive and multi-national and has become the hotspot for vacationers worldwide, especially from Europe and Australia," said Lisa Marie Butkiewicz, President of the Los Angeles-based entertainment company.

Delaportas and founded Fortitude in 2004 and within a few months of its inception, it inked a deal with Universal Studios to produce the Shadowmancer, a fantasy film that drew critical international acclaim.

The company operates as a conglomerate with studio facilities from pre-production to post-production including animation, special effects, web design and a shooting stage in Burbank, California. 

Its music division took over the Fleetwood Mac recording studio in Phoenix, Arizona, last year and operates a 150-plus seat animation house is in Mumbai, India; merchandising offices in the Toy Building in New York City, and Fortitude Jadran, a 30 acre studio facility in Zagreb, Croatia. 

The company also has regional locations in Hamburg, Germany and Cape Town, South Africa, as well as Dubai, UAE.

Go back, or read the latest Page Two stories:

MATTEL ACQUIRES FRENCH GAME COMPANY

EL SEGUNDO – 01/26/09 – Toy and game giant Mattel Inc. has acquired France-based Sekkoia SAS, which produces the Blokus family of games; Blokus was launched in September 2000 and now ranks as one of the best selling board game packages in the world.


GLOBAL DEMAND FOR CAL ALMONDS FALLS

SACRAMENTO – 01/12/09 – A decrease in international demand and a bumper crop have combined to reduce by half the price almond growers are receiving for this season's crop; prices for the nut are about $1 per pound, down from about $2 a year ago, says the California Almond Board.


DISNEY TO LAUNCH TV CHANNEL IN RUSSIA

BURBANK – 12/31/08 – The Walt Disney Company has said it will team-up with Media-One Holdings Ltd. to launch a Disney-branded television channel in Russia in 2009; Disney will have a 49% stake in the venture in exchange for a cash investment and content acquisition, according to a recent piece in the Los Angeles Business Journal.


GOLDEN SPOON ENTERS THE GLOBAL MARKET

RANCHO SANTA MARGARITA – 12/12/08 – Frozen yogurt giant Golden Spoon has accelerated its international expansion with the announcement of two additional stores for Japan; the new stores will be located within Tokyo Station and the Kansai International Airport and are slated to open for business this month.


PORT OF STOCKTON EXPANDS ITS FTZ

STOCKTON – 12/05/08 – The Port of Stockton has received approval from the US Dept. of Commerce (DOC) Foreign Trade Zones Board for expansion of its Foreign Trade Zone No. 231; the expansion at the nearly 475-acre Opus West Park in East Stockton is the eighth site approved in Stockton by the DOC and is sited adjacent to the Burlington Northern and Santa Fe Railroad line linking Central California with points throughout the country.


NETSUITE GOES LIVE IN SINGAPORE

SAN MATEO – 10/28/08 – Business management software developer NetSuite Inc. has launched a new venture - NetSuite OneWorld in Singapore; the move was spurred by forecasts that that Asia-Pacific software as a service (SaaS) revenues will grow from $274 million in 2007 to around $1.8 billion by 2011.



 



 

 


Web Design & Development by Turn-It-Digital in Los Angeles