Seven Arts Entertainment
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Seven Arts Entertainment Announces New Joint Venture Agreement
Seven Arts Entertainment Inc. (SAPX) has formed a joint venture with Hanger Ink, aiming to leverage Hanger’s production capabilities in marketing materials, set design, and branded merchandise. The venture is projected to generate $5-8 million in revenue over the next 18 months. SAPX also secured a 90-day window for a potential acquisition of Hanger Ink and is undergoing extended due diligence. The partnership seeks to capitalize on cross-promotion and Hanger’s industry relationships.