Bigfoot Entertainment - Background

Background

Bigfoot Entertainment was founded in 2002 by German entrepreneur Michael Gleissner to finance and develop feature films, documentaries, and reality TV shows. Productions have been filmed at the company's Bigfoot Studios in the Philippines as well as on location in the United States, Hong Kong, China, Africa, Europe, the Philippines, and Vietnam.

The studio facilities includes six sound stages and a post-production site. It was initially constructed in 2004 to serve as a production facility for Bigfoot Entertainment and Bigfoot Films. The company also acquired the franchises for Fashion TV(FTV) in Singapore and Philippines.

The company's facilities was expanded in November 2008 after Bigfoot negotiated a 25-year lease, marking Bigfoot Studios as the first international movie studio in the country. It consists of the six sound stages, an underwater filming tank, editing suites, sound mixing, and Foley studios.

Bigfoot also founded the International Academy of Film and Television (IAFT) as an international film school providing aspiring filmmakers with a competitive education under the mentorship of industry professionals. IAFT is located in Mactan with offices in Los Angeles. In April 2009, Bigfoot Entertainment, through their subsidiary Bigfoot Films, made its first offering to Chinese movie audiences with the release of Hui Lu in over 700 theaters across China. The film was shot on location in Hong Kong, and underwent post-production at the Bigfoot Studios in Mactan, in Cebu, Philippines.

In April 2010, Bigfoot Entertainment launched Hong Kong based 24/7 fashion network the "Fashion One." It is broadcast internationally and presents a unique mix of lifestyle, travel, entertainment, film and fashion.

Bigfoot Entertainment also owns the Majestic Crest Theatre in Westwood, California, a building that, in 2008, was designated as an Historic-Cultural Monument by the City of Los Angeles. They purchased the facility in October 2010, as a venue in which to screen mainstream independent releases and to showcase their own films.

In September 2010, it was announced that Bigfoot was acquiring an interest in the Miami Film School in Hollywood, Florida, and the Palm Beach Film School in West Palm Beach, Florida.

In November 2010, Bigfoot acquired Ascendent Pictures and formed Bigfoot Ascendant Distribution as a theatrical and home entertainment division to offer theatrical, home video, and video on demand distribution, as well as foreign sales representation and domestic television sales representation.

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