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MBC Execs to Launch Production Co.

Major Broadcasting Corp. cofounders Marlon Jackson and Alvin James announced
the development of a new multimedia-entertainment company Monday that will
produce as many as 14 films over the next two years.

The new venture, James & Jackson Media Group, will team up with veteran
actor and producer Tim Reid to create 'reality-based' movies focusing on
African-American and Hispanic events and personalities, James said.

The movies will be released through various outlets, including theaters,
cable networks and home video.

The company will fund the movies, but it hopes to keep costs down by allowing
actors and producers to share in distribution revenues, James said. One of the
first film projects will focus on the life of legendary actress and singer Lena
Horn, he added.

James and Jackson also said the company will develop content for distribution
via the Internet and video-on-demand. 'We want to expand beyond films and into
other content development to take advantage of the new distribution outlets,'
James added.