Deal co-financed for 3-D feature “Beast of Burden”

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Ris­ing India, Inc. a pub­licly traded com­pany, will co-finance the pro­duc­tion and dis­tri­b­u­tion of a major 3-D ani­mated fea­ture film, Beast of Bur­den, with Regal­Works Media Group, LLC.

The announce­ment was jointly made Tues­day in Omaha by Ris­ing India CEO and pres­i­dent Arthur Tay­lor and Regal­Works man­ag­ing part­ner Dane B. West.

Writ­ten, directed, and cre­ated by Kirby Atkins, Beast of Bur­den tells the tale of a myth­i­cal crea­ture and his jour­ney to save his fam­ily from a bru­tal farmer. Atkins has writ­ten fea­ture films for Mira­max, 20th Cen­tury Fox, Regency, and Robert DeNiro’s Tribeca Pro­duc­tions. The pro­duc­ers are antic­i­pat­ing a the­atri­cal release in early 2014.

Under the pro­posed terms of the deal, Ris­ing India Inc. and Inter­na­tional Ani­ma­tion & Film Group, Pte. Ltd., a Ris­ing India sub­sidiary, will pro­vide a fund­ing pack­age to be used for pro­duc­tion and mar­ket­ing of the film. The pro­duc­tion bud­get is approx­i­mately $32 million.

The deal was struc­tured and nego­ti­ated by Dane B. West on behalf of Regal­Works Media Group, LLC, who said: “We have a strong belief in this project. Beast of Bur­den will be a visu­ally stun­ning ani­mated fea­ture film with a time­less and com­pelling story that will appeal to view­ers of all ages around the world. We are very pleased to have Ris­ing India, Inc. as our part­ner in bring­ing this won­der­ful story to the screen.”

Com­mented Tay­lor: Beast of Bur­den is a very engag­ing story that is very much rep­re­sen­ta­tive of the films Ris­ing India seeks to bring to mar­ket. It is another fine project added to our portfolio.”

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