Remstar Media Partners: Strong leverage for the Movie industry



    MONTREAL, Nov. 5 /CNW Telbec/ - Remstar Corporation, a Canadian
entertainment company that specializes in production and distribution of film
and TV products, the Solidarity Fund QFL and Caisse de dépôt et placement du
Québec, have joined forces to invest in Remstar Media Partners. This newly
formed Québec company will acquire and exploit the distribution rights of some
25 movies-primarily Canadian-over the next five years.
    "We believe there is a tremendous growth opportunities in the Quebec and
Canadian film industry. With this new vehicle, we plan to significantly
increase our Canadian and international presence by assisting producers in
financing, distributing and promoting their movies," stated Remstar Media
Partners President, Maxime Rémillard.
    "This is good news for the Québec movie industry and particularly for
producers, actors and film makers. Remstar's presence right from the start of
the movie-making process as well as at the distribution and marketing stage
provides producers with significant leverage, which is particularly
interesting. The Fund is proud to contribute to a structuring sector for
Québec, one that creates jobs and is profitable for our shareholders, elements
that are key in each of our partnerships," added Gaétan Morin, Executive
Vice-President, Investments at the Solidarity Fund QFL.
    "With this investment, the Caisse is supporting a dynamic Québec company
that wants to speed up its growth," commented Normand Provost, the Caisse's
Executive Vice-President, Private Equity.

    Remstar Corporation, the parent company of Remstar Media Partners has
collaborated in the production of a number of Québec, Canadian films and
international films, including Death Instinct, featuring Vincent Cassel, Ma
Fille, mon ange, Head in the Clouds starring Penelope Cruz and Charlize
Theron, Battle in Seattle, directed by Stuart Townsend and starring Charlize
Theron and Woody Harrelson. It has also marketed several major movies
including Monster, An American Haunting, Elles étaient cinq and Les Triplettes
de Belleville.

    Solidarity Fund QFL

    With net assets of over $7.2 billion as at May 31, 2007, the Solidarity
Fund QFL is a development capital company that through its RRSP channels the
savings of Quebecers into investments in all sectors of the economy to help
create and maintain jobs and to further Québec's economic growth. The Fund is
a partner, either directly or through its network members, in 1,696 companies.
It currently has nearly 575,000 shareholders and has helped, on its own or
with other financial partners, to create, maintain and protect over 122,000
jobs. For more information, visit www.fondsftq.com.

    Caisse de dépôt et placement du Québec

    The Caisse de dépôt et placement du Québec is a financial institution
that manages funds primarily for public and private pension and insurance
plans. As at December 31, 2006, it held CA$143.5 billion of net assets. One of
the leading institutional fund managers in Canada, the Caisse invests in the
main financial markets as well as in private equity and real estate. For more
information: www.lacaisse.com.




For further information:

For further information: Note: The telephone numbers provided below are
for the exclusive use of journalists and other media representatives: Josée
Lagacé, Senior Advisor, Press Relations and Communications, Fonds de
solidarité FTQ, (514) 850-4835, jlagace@fondsftq.com; Brigitte Chabot,
Brigitte Chabot Communications, (514) 861-7870, bchabotcom@sympatico.ca


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890