Partners & Customers
1About Medient Studios
Medient Studios (OTCQB: MDNT) is an entertainment content creation company with a strong presence in North America, Europe and India. Medient's management team has approximately 150 years of experience in the motion picture industry and is responsible for producing and/or financing over 250 movies. Medient is realigning the content creation process to enable efficiencies of scale and eliminate process waste by building a fully integrated movie and electronic game production facility as part of its Studioplex on a 1,550-acre property in Effingham County, GA. Once operational this production facility will be the largest of its kind in the United States.
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Latest Medient Studios News
Oct 6, 2020
Oct 6, 2020 MELDRIM, Ga. (AP) — A coastal Georgia location once planned for a movie studio that collapsed in scandal will now host a warehouse aimed at distributing goods moving through the Port of Savannah. WTOC-TV reports that Panattoni Development Co. is buying part of the land near Meldrim and will build a 518,000 square-foot (48,000 square-meter) building that will be expandable to 1.2 million square feet (111483.7 square meter). Effingham County Industrial Development Authority CEO Brandt Herndon said the development will bring tax revenue and potentially 200 to 300 jobs to the location just off Interstate 16 about 20 miles (32 kilometers) west of Savannah. The building is supposed to be complete in July, although Panattoni, a private company based near Los Angeles, has yet to secure a tenant. The land had been planned as the site of Moon River Studios. But the company, also known as Medient Studios, failed in its attempt to develop a 1,560-acre (630-hectare) site once billed as the nation's largest movie studio. In 2018, the company agreed to pay $1.8 million after the U.S. Securities and Exchange Commission sued Medient and executives alleging security fraud. Herndon said infrastructure work done for the studio was reused to market the land as an industrial park. “Not to say it wouldn’t have been great to have a movie studio but I think the highest and best use for this property is warehouse distribution," Herndon said. For copyright information, check with the distributor of this item, WTOC-TV.
Medient Studios Acquisitions
1 Acquisition
Medient Studios acquired 1 company. Their latest acquisition was ATLAS International on January 28, 2014.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
1/28/2014 | Acquired | 1 |
Date | 1/28/2014 |
|---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acquired |
Sources | 1 |
Medient Studios Partners & Customers
1 Partners and customers
Medient Studios has 1 strategic partners and customers. Medient Studios recently partnered with Tarantella Pictures on May 5, 2014.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
5/6/2014 | Partner | Malaysia | EFFINGHAM COUNTY , GA -- -LRB- Marketwired - May 6 , 2014 -RRB- - Medient Studios , Inc. -LRB- : MDNT -RRB- -LRB- ` Medient Studios , Inc. ' -RRB- announced today that , as part of the Company 's strategy to create a content and distribution pipeline for diversified audiences worldwide , Medient Studios , Inc. has entered into a joint venture with Tarantella . | 1 |
Date | 5/6/2014 |
|---|---|
Type | Partner |
Business Partner | |
Country | Malaysia |
News Snippet | EFFINGHAM COUNTY , GA -- -LRB- Marketwired - May 6 , 2014 -RRB- - Medient Studios , Inc. -LRB- : MDNT -RRB- -LRB- ` Medient Studios , Inc. ' -RRB- announced today that , as part of the Company 's strategy to create a content and distribution pipeline for diversified audiences worldwide , Medient Studios , Inc. has entered into a joint venture with Tarantella . |
Sources | 1 |
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