Based in Kuala Lumpur, Tarantella Pictures is the leading production house in Malaysia, producing films such as Lagenda Budak Setan and Ombak Rindu. Ombak Rindu is the third highest box office grosser in Malaysia’s history. Deeply entrenched in the Far East Market, Tarantella Pictures was established in 1995 in Indonesia by Sharad Sharan. The company has produced more than 70,000 minutes of programming. Out of the 38 television shows the company produced, 30 were listed on the top ten list of Indonesian television.
Several films from the region have broken out to be box office smash hits in the USA including last year’s Raid Redemption and Ang Lee’s Crouching Tiger Hidden Dragon which did $128M in US domestic revenue.
Manu Kumaran, Chairman of the Board of Medient Studios, stated: “Approximately 60% of the world’s population lives in Asia. We see a comprehensive presence in Asia as a cornerstone of our strategy for the future. This relationship will leverage our existing strength in the Indian market and create a viable pan Asian platform. Tarantella’s Founder Sharad Sharan’s keen understanding of the Far Eastern market is the fundamental reason of this JV. Over the last 20 years Tarantella has built a formidable reputation in the region and we are excited by the possibilities. Medient continues its journey to build a truly global entertainment enterprise.”
Sharad Sharan, Founder and Managing Director of Tarantella Pictures, said, “We are excited to be part of this dramatic re-engineering of the entertainment industry. With the Studioplex in Effingham County and Atlas International in Europe Medient have all the elements required for great success and we expect to play a vital role in this plan.”
For more information on Tarantella Pictures, please visit – http://www.tarantellapictures.com/
About Medient Studios, Inc.
Medient Studios, Inc. (OTCQB: MDNT) (‘Medient’)
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