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Monday, 31 May, 2010 5:33 PM
Wylie
Studios Commits to Detroit Area
Logo
credit: www.theglobalrenaissance.com
DETROIT
-- Global Renaissance Entertainment Group
Inc. (GREG) will build its movie studios in the Detroit area, CEO
Arthur
Wylie announced. Wylie Studios has secured commitments from some
of
Hollywood's most successful movie producers for six major films
to be
made at the new facility over the next three years.
Wylie Studios
is the latest commitment of Arthur Wylie to the Detroit
area. Expanding and combining his Los Angeles, Atlanta and Charlotte
operations, he moved the headquarters of Global Renaissance
Entertainment Group to Allen Park earlier this year. Wylie Institute
for the Study of Entrepreneurship (WISE), a Film and New Media Division
is located on the campus of Stautzenberger Institute, also in Allen
Park.
"The
movie industry is blossoming in Michigan, and we are finalizing
our
location for a major studio complex to meet the needs of our
productions," Wylie said. "We have committed our future
to movie-making
in the Detroit area."
Michigan
is becoming the "hotspot" in American movie production
making
it the fifth most popular state in the United States for filming.
It
has the best film incentive in the United States with a tax credit
of up
to 42 percent of the production company's expenditures incurred
during
film production. An estimated $325 million has been generated so
far in
Michigan with more than 87 major film productions and TV projects
creating 7,000 jobs. Films include Gran Torino, Dreamgirls,
Transformers, Up In the Air and 8 Mile to name a few. In 2010, three
more major studios are expected to open in Michigan with the number
rapidly growing.
Wylie said
he hopes that GREG can build the studios at Allen Park
alongside his corporate headquarters and education institute but
there
are several attractive options in the downtown Detroit area. "I
have
never been more thrilled to be part of a project such as this, because
in this instance, we can benefit one of the regions hardest hit
by the
recent recession," said Wylie. "We hope to add value to
these
communities by creating opportunities for local businesses while
supporting the education and training required for current and future
generations of workers to thrive in industries such as entertainment."
Among producers
currently in discussions with Wylie Studios are Mark
Ordesky, executive producer of the Lord of the Rings trilogy and
Scott
Mednick, executive producer of 300 and Superman Returns.
"Detroit is becoming a major film city, and we intend to be
a leader as
the movie industry grows in Michigan," Wylie said.
About
Global Renaissance Entertainment Group Inc.:
Global Renaissance
Entertainment Group Inc. is a full service film and
television production company located in California and Michigan.
Its
primary focus is to develop solid brands that have built in audiences,
facilitating the successful release of content across multiple platforms
of media. This consists of films originating from Global Renaissance
Entertainment Group, as well as outside content from top production
companies. We strategically structure the financing, marketing,
distribution and production for films and television content to
be
released globally.
About
Wylie Institute for the Study of Entrepreneurship:
Wylie Institute
for the Study of Entrepreneurship: Film and New Media
Division is a Master Class Program within Stautzenberger Institute.
WISE is dedicated to entrepreneurship in various businesses. The
WISE
Film and New Media Division will take the top students in Stautzenberger
to develop their entrepreneurial skills, and upon graduation, support
them in developing the startup of their own production companies,
studios and marketing/PR firms. An additional goal of WISE is special
placement of graduates with established entertainment-related companies.
Source: Wylie Studios
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