MONTREAL, July 11, 2013 /CNW Telbec/ - The Quebec Culture Capital Fund
(QCCF) is pleased to announce an investment of $5 million into the Muse
International Television Fund, a fund of $ 6.25 million dedicated to
the acquisition of rights for the international distribution of Muse
Entertainment's original productions.. The fund will enable the Quebec
company to expand internationally and will help the distribution of
"Played," an original television series, which has been licensed by CTV
to broadcast this Fall in Canada.
"Our investment in the Muse International Television Fund completely
fits the mission of the Quebec Culture Capital Fund (QCCF), which is to
support the growth of cultural businesses and the development of their
projects on the international scene", says President and CEO of the
SODEC and QCCF Interim Chairman, Mr. François Macerola. "Such financial
commitments also demonstrate our dedication to job creation and the
growth of the economy. We are very pleased to contribute to the
consolidation and development of a leading Quebec company in the
international market place," adds Robert Charpentier, the FCCQ acting
"Muse Entertainment is pleased and proud of the FCCQ's decision to share
in our mission to export our productions on an international scale. Our
first project is the series about undercover police agents, "Played."
The dramatic series is scheduled for broadcast on CTV on September 26,
2013 and broadcast worldwide in January 2014," says Mr. Michael Prupas,
President and Founder of Muse Entertainment Enterprises Inc.
About the Quebec Culture Capital Fund
The Quebec Culture Capital Fund (QCCF) arose from the Quebec
government's desire to support the development of large-scale cultural
projects. The creation of this venture capital fund was announced in
the 2011 provincial budget and the official launch followed in November
of that same year. Endowed with a $100 million budget provided by the
Government of Quebec ($60 million) through Société de développement des
entreprises culturelles (SODEC) and by its partner, Fonds de solidarité
FTQ, the fund looks to make profitable investments in large-scale
cultural projects destined for export, notably live show production,
book publishing and the purchase and sale of publishing rights, film
and television production, cross-platform production, sound recording
and the purchase and sale of catalogues, as well as interactive digital
and video game production.
About Muse Entertainment Enterprises Inc.
Founded in June 1998, Muse today employs some of the country's best film
and television producers, talent and crews. A Canadian leader and one
of the most active companies on an international scale in the field of
international co-productions, Muse is widely recognized for its
high-quality film and television productions with strong global appeal.
Since its creation, Muse has produced, co-produced and provided
production services for over 175 television movies and mini-series, TV
series and feature films. The company has received 299 nominations and
95 awards, including 14 nominations for Emmy© Awards, of which it won
five. Headquartered in Montréal, Muse has development and production
offices in Toronto and Los Angeles.
SOURCE: Fonds Capital Culture Québec
For further information:
Information for journalists only:
Name: David Massé, Portfolio Manager
Quebec Culture Capital Fund
Phone: 514-940-6820 extension 223, E-mail: email@example.com
Name : Betty Palik, Vice President of Communications and Factual
Muse Entertainment Enterprises Inc.
Phone: 514 866-6873, E-mail : firstname.lastname@example.org
For more information on Muse Entertainment Enterprises, visit their website at : www.muse.ca