Production Central Studio is a plan to build a
film and television production studio complex in South Florida. This
plan reduces the initial capital requirement by 50-75% over similar
proposed projects. We project a $2.4 million dollars gross profit by
the end of the second year of operation.
Some highlights of the plan are:
The 30 acre property and existing 160,000 sq. ft
building was appraised in 1987 for $15 million. It can be purchased for
approximately $5 million.
KPMG conducted a feasibility study for the city of
Miami. They determined that it would take 50 million dollars to build
four sound stages, would be profitable, and recommended to proceed. In
comparison, this plan will consist of five sound stages at a cost of
A recent study has determined that Dade County is
a BILLION dollar media industry. This did NOT include economic
multipliers, companies without headquarters here, nor the rest of South
Florida, Broward & Palm Beach counties.
South Florida is the 3rd largest market for film
& television production in the USA, after Los Angeles and New York.
While many studio complexes operate in both these and many smaller
markets, no such facilities currently exist in south Florida.
There is a severe lack of available studio space
in North America and the few in this area are unsuitable for major
Phase 2 of this project is the addition of a state
of the art wet stage.
click to view: wet stage.
Co-founded by Jim Weinberg in 1988,
annual revenue exceeded 27 million in 1997.
A Video Services Company
providing high speed duplication,
fulfillment sevices and mobile uplinks.
Miami Herald called MagneTech the 26th fastest
growing business in South Florida.
Publicly traded on the American Stock Exchange symbol DCT.
(Src. Miami Herald 5/16/94)
Nite Lite Studios
Post Production facility. In business for 12
years, the owner of the company reported no profit for over a year.
After joining the company as President returned company to
profitability after the first month. Met first year's profit goals in 5
months, allowing the owner to sell the business.
Set up thousands of long distance tour buses
across the country to play nostalgic TV programs and movies. Revenue
was derived from selling ads to major advertisers which were edited
into the program. Co-founder.