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Final Draft Scripts Next Act with Acquisition of Script Magazine Deal Establishes Company as Most Comprehensive Resource for Scriptwriters Revamped Script Magazine Set to Launch With January/February 2007 Issue October 16, 2006 – Final Draft Inc. announced today that they have acquired the assets of Forum Publishing, publishers of Script magazine, and all of its ancillary businesses, including the Scriptwriters Showcase, Take A Meeting and ScriptXpert, as well as all related web sites and domains. Terms of the acquisition are confidential. The addition of Forum Publishing positions Final Draft, Inc. as the premier end-to-end resource for the scriptwriter, offering education, software and support, as well as publications, events, access and public recognition. "We couldn't be more excited about this acquisition," said Marc Madnick, CEO of Final Draft, Inc. "We've had a long relationship with Shelly Mellott and her team at Script. This will be the keystone in our efforts to provide tools, support, services, access and recognition for scriptwriters. We'll provide everything they need, from A to Z." Final Draft’s first initiative as part of the acquisition is a complete redesign and re-launch of Script magazine in January 2007. The new look features more pages, UV gloss coated cover and streamlined design throughout, including high-end photography and more full-page ads. New content features will include columns written by working writers and development executives, industry news and trend reports, television and new media coverage, new scriptwriting technology and tools, guides and tips for success in pitching, selling and management.Script’s experienced editorial staff will remain in place to help shepherd the transition and relaunch under the guidance of Editor in Chief of twelve years Shelly Mellott and Managing Editor of five years Andrew J. Schneider. Mellott will serve Final Draft, Inc. as Vice President of Events & Publications, overseeing the magazine, events, conferences and web forums and blogs. Most long-time staff writers will remain on board to realize the new vision for the magazine and new hires will help redefine the magazine and its goals. "Script has been a family business since 1989," said Mellott. "We would never have sold our company to anyone but the Final Draft family. We share a unified vision for the future of Script. The publication can now realize its full potential as part of the Final Draft brand. We look forward to growing along with Final Draft and becoming the source that scriptwriters turn to for information and inspiration." In addition to newly acquired tools and services, Final Draft, Inc. publishes Final Draft, the world’s best-selling scriptwriting program, as well as the award-winning Final Draft AV software, the only dedicated multi-column script processor specifically designed for writing commercials, corporate videos, documentaries, presentations and DV shorts. Additional Final Draft, Inc. initiatives include:
Final Draft, Inc. had previously partnered with Script on Scriptwriters Showcase and Take A Meeting, and is now taking full ownership of these events as a result of the acquisition. About Final Draft, Inc. Final Draft, Inc. educates, advances and celebrates the scriptwriter with a suite of offerings that include software, events, support and access. The company was founded in 1991 to develop a scriptwriting program that allows writers to concentrate on the creative process and not on Hollywood’s stringent formatting rules. Since then, Final Draft has become the Hollywood professional’s choice and the world’s #1-selling scriptwriting program.More information about Final Draft and its products can be found at www.finaldraft.com. West Coast Office East Coast Office
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