In 1987, the Davis-Panzer company received an agreement with upstart film distributor New Century/Vista Film Co., and the projected budget is at $70 million, and represents the departure of key points from prior Davis-Panzer distribution deals with major film studios, and Davis-Panzer would fully funding through home video sales and foreign pre-sales, representing the 80% interest between the two, and 20% equity investment, and New Century/Vista is preparing to forgo any hold on home video release as a condition for supplying prints and advertising as part of the distribution package.
In 1987, the Davis-Panzer company entered into an agreement with fledgling film distributor New Century/Vista Film Co., with a projected budget of $70 million, marking a significant shift from previous Davis-Panzer distribution agreements with major film studios. Under the terms of the deal, Davis-Panzer would cover all costs through home video sales and foreign pre-sales, representing an 80% stake in the venture, while New Century/Vista would hold a 20% equity interest. As part of the agreement, New Century/Vista would relinquish its control over home video releases in exchange for supplying prints and advertising as part of the distribution package.