Regret the Error

In a June 15 story about DF Indie Studios, The Associated Press reported erroneous claims by the company and founders Mary Dickinson and Charlene Fisher. In a news release and in interviews, DF Indie Studios and the founders said their movies will be produced by such Hollywood figures as Ridley and Tony Scott. Dickinson and Fisher also said they had $300 million in loans and distribution deals and were halfway to raising $100 million in equity. However, DF Indie Studios now acknowledges that it has not finalized its line of credit, its equity investments or all of its distribution deals. And a representative for the Scotts’ production company says it has no business or contractual relationship with DF Indie Studios. Link