LOS ANGELES--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions.
The corrected release reads:
NEW PARTNERSHIP TO BRING BILINGUAL FILMS TO MARKET
Mucho Mas Media will finance, produce and distribute films for Latino market
A new partnership between Pelican Point Media, LLC and Texican Media, LLC aims to capitalize on the burgeoning bilingual English & Spanish ‘crossover’ market by financing and distributing films with mainstream appeal and a focus on the Latino community.
The management team will include co-founders Ike Suri, Javier Chapa and Labid Aziz. Chapa will lead Mucho’s creative team – and is just coming off his recent production of AZTEC WARRIOR starring Luis Guzman and Eugenio Derbez distributed by Pantelion/Lionsgate Films.
“In a landscape where Latinos represent a significant amount of box office sales, we have a unique opportunity,” Chapa said. “We are committed to create compelling content which speaks to this audience.”
Labid Aziz will take a lead role in overseeing Mucho’s day-to-day business and strategy leveraging his 20 years of media experience as a Content Producer and Executive. “With our core team and partners, we will be a one-stop shop for financing, producing, marketing and distributing Latino projects in the $2,500,000 budget range and below,” he said. “Outside of our own projects, we are also looking to distribute finished films by and for Latinos.”
Ike Suri is the co-founder and co-CEO of Pelican Point Capital Partners, LLC., parent of Pelican Point Media, which is a boutique merchant bank with several investment and operating focus areas including film production and finance. Ike and the partners at Pelican Point Capital have backgrounds in finance, investing, strategy and business development across consumer finance, real estate and mortgage finance, media, telecom, tech, asset management and hospitality to name a few.
Mucho has slated its first couple of projects, which will go into production this year focusing primarily on high-concept comedies and thriller/horror films.
For additional information or to get in touch with Mucho Mas Media, please contact Labid at Info@PelicanPointCapital.com.
