Ascent Media Corporation (“Ascent Media” or the “Company”) (Nasdaq: ASCMA) today announced the execution of a definitive agreement to sell the Creative Services and Media Services businesses of Ascent Media Group (“AMG”) to Deluxe Entertainment Services Group Inc. (“Deluxe”) for aggregate cash consideration to Ascent Media of approximately $68 million (after the assumption of certain indebtedness). The purchase price has been allocated as follows: 79% to the U.S. businesses and 21% to the U.K. businesses. Deluxe is a leading provider of a broad range of entertainment industry services and technologies to major Hollywood Studios and an international client base.

Starting from MAAC, Wilson Louis has come a long way. His first film HO SAKTA HAI established him as a director in the horror genre. Wanting to get into mainstream cinema, Louis did MALLIKA that failed. But his third, film KAALO has been bagging plaudits for him. Recently the film won the best feature film award at the South African Horrofest held at Cape Town. Louis in a freewheeling interview with Glamsham.com.

You must be feeling great with your film having won the best feature film award at the SA horror fest.