Film Regions International, Inc. (FRI)

Film Regions International, Inc. (FRI) Film Regions International (FRI) is an independent production, development and distribution entity. Film Regions International, Inc. Board of Directors:
John R.

(FRI) is an Independent production, development and distribution entity with both a domestic and international presence. FRI has produced and distributed several feature films including "My Amityville Horror", "Rumah dan Musim Hujan", "Booze, Broads and Black", "The New Hands" and "Border Brothers" as well as handling distribution of foreign films including "Zeta", "A Reckoning", "Seven Angels" an

d "The Curse". Blythe - Co-Chairman; Board Secretary/Treasurer
Ronald Puleio
Raaj Rahhi
Eric Reingrover - Co-Chairman/Co-Chief Executive Officer
Michael S. Russo
Myron Ward - Co-Chairman/Co-Chief Executive Officer
Stephen Wu

Meet the new Co-Chief Executive Officers of Film Regions International, Inc.! (Los Angeles, CA) There's a new management...
01/17/2026

Meet the new Co-Chief Executive Officers of Film Regions International, Inc.!

(Los Angeles, CA) There's a new management team in place at the indie production company, Film Regions International, Inc. (FRI) and this new team is excited to focus on a set of specific business objectives, not only to bring the company back to solvency, but also an opportunity for growth.

Following a restructuring of the company that took place at a special board of directors meeting in September, 2025 that saw longtime Chief Executive Officer John Blythe step aside from the position after a year of challenges. The board formally approved creating a shared management team of Co-Chief Executive Officers; which Myron Ward, longtime FRI board Co-Chair and Vice President who has been with the company since 2010, took over, as did Eric Reingrover, as part of FRI's management contract with Bonfire Entertainment which took place in May, 2025 that Reingrover is an executive with.

"The last few months of 2025 was really transitional. We needed to re-engage FRI has a viable indie film company again, and this included reaching out to our many clients and start focusing on core objectives, not just the same normalcy of business we had been doing for the past several years" said Ward. "This way we are better prepared for the new year ahead."

Reingrover, a producer and actor, admits that it may be a learning curve coming in as Co-CEO, however he shares Ward's sentiments about the company's opportunities moving into 2026. "We should see a few of our existing titles enter distribution and focus on developing a slate of new titles" Reingrover said, who has also been instrumental as producer on FRI's action war drama "Beyond Mosul".

Ward believes that FRI's goals for 2026 should be adopting a strategic business model similarly to Blumhouse and focusing on commercially viable film productions. "There's simply no reason why FRI cannot become a viable and profitable film company after all these years" Ward said. "The potential has been there, its just staying more focused, instead of so many programs that were not working and not contributing to the bottom line."

Reingrover meanwhile, has been working on trying to establish outside investments for the film company which would largely improve FRI's cash flow and enable the company to grow from there. "It would really help FRI grow into the next phase from just a small film company but to more of a competitive film company" Reingrover said. He is hoping in the next month or two to begin having meetings with investors to make this item a reality.
Ward and Reingrover both mutually concur that FRI's financial situation is of top priority.

FRI's annual shareholders meeting is scheduled for January 29th which Ward and Reingrover submitted their respective annual Co-CEO reports ahead of the meeting.

"Where we need to put our best efforts and how we will work together will ensure FRI's best interests for all of its members" Reingrover said.

Regardless of debate whether you think some movies are a Christmas movie or not, we want to wish all of our clients and ...
12/24/2025

Regardless of debate whether you think some movies are a Christmas movie or not, we want to wish all of our clients and colleagues in the motion picture industry a very Merry Christmas and most joyful holiday season!

12/22/2025

Financial viability top priority of FRI into 2026
> Plan is to concentrate on three pictures a year

(Los Angeles, CA) Film Regions International, Inc. (FRI) held its end of the year board of directors meeting on December 17th, and this was the first meeting since the restructuring of the independent film company took place at the end of summer. The new management team consisting of Co-Chief Executive Officers Myron Ward and Eric Reingrover, reported updates and the goals in mind for 2026. Financially however, FRI is not out of the woods when it comes to improving its cash situation and balance sheet since its problems began in 2024.

“The financial viability of FRI is of top priority” said Reingrover, who, as part of the Bonfire Group, has been dedicating a great deal on time on moving production along with “Beyond Mosul” as well looking at working capital options for FRI. “We have a couple of interested investors in mind and will be looking at setting up a meeting in January, and should investors purchase FRI’s available shares, it will propel FRI into the next phase of its business plan and enable it to support itself.”

“Working capital will also help grow our existing filmed entertainment assets and turn some of FRI’s distribution contracts into a positive,” said Ward. FRI currently has worldwide distribution contracts through Buffalo8 for several horror films that Ward, after re-negotiating, reports should be in the black into 2026. For the 3rd quarter ending, FRI reported a net loss of $5,865 and the board voted that no shareholder dividends will be declared for the 2025 fiscal year end, ahead of its annual shareholder meeting which is held in January every year. “But once these contracts turn around and the working capital secured, there will be a 100% improvement cash flow wise, and this should ease concerns and build confidence in FRI’s shareholders and debt holders that we’re getting on the right track with a management change now in place.”

Ward, who has been with FRI since 2010, would like the company to adopt a business model similarly to Blumhouse or A24 and focus on more commercially viable film productions. In addition to “Beyond Mosul”, Ward recently re-negotiated FRI’s long time joint venture contract with Hectic Films and to consider trying to produce a feature film version of that company’s successful short film “Naked Zombie Girl”. In 2015, FRI had previously unsuccessfully tried to produce a feature version of the short; now however, with the film’s over 2 million views and followers, Ward feels there is an opportunity to capitalize on a built-in audience and accomplish what the “Terrifier” franchise has done with the same kind of genre film. “There is no reason why FRI cannot become not only a viable, but a profitable film company,” said Ward. The board voted to move forward on renewing the re-negotiated contract with Hectic Films. Ward is also working in development on “Our Amityville Horror” a contemporary take on the famous haunted house case and recently attended the American Film Market to begin building new relationships with sales and distribution companies. “We feel at least three pictures a year is a good plan in terms of producing product, in addition to potential acquisitions to sell for domestic distribution” said Ward.

Other areas that have been a priority include recruiting an external Chief Financial Officer, and for the interim, FRI has been looking through options for a potential candidate via SCORE and the SBA and bringing aboard a specialist in video-on-demand distribution to grow FRI’s business in this area of the market.

During the closed session portion of the meeting, the board voted to approve formal contracts for Ward and Reingrover as Co-CEO’s through 2028 and voted to approve a severance settlement for former CEO John Blythe.

FRI’s annual shareholders meeting will be held in January with a date to be determined. Reingrover, along with incumbent board members Raaj Rahhi and Stephen Wu will be up for a formal election since all three were previously appointed. The shareholder meeting will be followed by its first-of-the-year board of directors meeting with the new board seated.

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10/06/2025

John Blythe resigns as CEO of FRI
> Indie film company with Bonfire unveils restructuring; operational oversight handed to joint management team.

(LOS ANGELES, CA) Film Regions International, Inc. (FRI) announced the resignation of its long-time Chief Executive Officer John Blythe last week. Blythe, who originally co-founded the company in 2005 and spearheaded its incorporation in 2009 served both as CEO and a consultant to independent film producers. Blythe relinquishing the title as CEO came as a result of a special board meeting which entailed a corporate restructuring since Bonfire Entertainment entered into a joint venture/management sharing contract with FRI that occurred over the summer.

The former head of the company will be replaced by a newly created joint management team as Co-Executive Officers consisting of current FRI Co-Chairman Myron Ward who has been with the company since 2010; and Bonfire Entertainment Vice President/COO Eric Reingrover, who was also named Co-Chairman.

Ward expressed interest in stepping up to more management responsibilities since July and with his financial planning experience, will take on the task of revamping the indie film company’s strategic plan objectives and improving its balance sheet; and Reingrover has been taking the lead on Bonfire’s behalf on film production development and looking at outside working capital.

An external Chief Financial Officer will also be retained in the coming months to help oversee the company’s fiscal position and to assist in bridging the two.

Blythe will, however, continue as non-executive Co-Chairman and retain his seat on the company’s seven-member Board of Directors.

“This is a tough business, there is zero question about it, and we certainly thank John for his amount of time and dedication to building FRI into an independent film company,” said Ward. Reingrover echoed the same sentiments, “we hope that our plan will stabilize FRI’s operations and provide it to prosper into the future.”

“FRI can now draw from the team we have assembled and help lead the company through its next phase,” Blythe said in a statement. “As a shareholder, I firmly believe that this new team going forward will work to bolster FRI’s operational and financial strengths during an extremely challenging time in the film industry.”

Blythe’s track record as CEO in the past year and a half had been in question, and to appease company shareholders and debt holders, the Board voted to take him out of the chief executive position, in favor of more managerial and operational oversight handed jointly between FRI and Bonfire Entertainment.

Since 2024, under Blythe’s leadership FRI has struggled financially and compounded by a debt default, sought outside consulting assistance as it began to cut costs and develop a turnaround plan which included the following:

- Dramatically scaling back its film productions in development for 2025.
- Canceling underutilized contracts including one with the post-facility Finalé-Picture Shop in Vancouver, Canada.
- Re-negotiating existing distribution contracts such as those with Buffalo 8 where FRI’s current films have been underperforming financially.
- Contacting other indie companies in an effort to establish stronger joint venture ties and raise working capital equity.

This plan was adopted by FRI’s Board of Directors in the summer of 2024 in an effort to avoid slipping towards potential insolvency. After a second plan to garner shareholder support for working capital failed in January of this year, FRI began to explore the possibility of looking at another company to partner with, and Bonfire was selected as the alternative. The Board voted to approve its operational action plan which will also include revitalizing FRI’s production and distribution operations, finding working capital to improve its cash position and selecting specific films to put into production based on market trends and appeal.

In recent months Reingrover and Bonfire have been attempting to strike partnerships to finance or co-finance some of FRI’s pricier film projects such as the war action/drama “Beyond Mosul”. FRI should also have two available independent films “How to Kill Your Co-Workers” and its sequel “How to Kill Your Family at Christmas” in the coming months as well. “But the biggest task is getting these long-term film investment debts paid down,” said Ward.

And a slight cash flow turnaround after the end of the third fiscal quarter is evidence that the financial drain may gradually be plugged. FRI’s net position was "good enough so that the company was back in compliance with all requirements regarding its immediate contractual obligations, for now" said FRI board member Ron Puleio.

Nonetheless, it was apparent that debt holders had been getting anxious and were determined to see new management brought into the indie film company.

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09/06/2025

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08/10/2025

Bonfire steps up commitment to FRI
> Action plan discussed and restructuring proposed in effort to begin turning indie film company around.

The year-long strain on Film Regions International, Inc. (FRI) may begin to finally turn around as Bonfire Entertainment committed to helping the independent film company succeed and turnaround financially as was discussed its recent quarterly board of directors meeting. Eric Reingrover, vice president of operations for Bonfire and who initiated the management joint venture contract between both indie film companies, answered questions from the board regarding its action plan moving forward:

- Continue to push for film financing on viable film projects through Bonfire’s relationships.
- Potential available FRI stock for equity capital investors to purchase.
- Consideration of selling undeveloped film assets which would free up cash flow to help reduce debt on its corporate balance sheet.

“We want to see FRI succeed financially and become a viable film company, as that has been the end goal since last year when we were informed of the problems” said Reingrover.

Since last year, FRI began to retrench and was forced to scrutinize its business plan, cut costs and figure out a way to raise working capital. The complete turnaround plan was in part a result of demands by FRI’s debt holders to begin realizing annual profits. The plan, adopted last year, included the following:

- Dramatically scaling back its film productions in development for 2025.
- Canceling underutilized contracts including one with the post-facility Finalé-Picture Shop in Vancouver, Canada.
- Re-negotiating existing distribution contracts such as those with IFC Films and Buffalo 8 that are underperforming financially.
- Contacting other indie companies to establish stronger joint venture ties and raise working capital and equity.

Reingrover points out that the latter on the turnaround plan is what brought Bonfire to FRI when initial plans for securing working capital at the beginning of this year had failed.

And evidence of a financial turnaround may finally see a realization as FRI’s second quarter financials ending June 30, saw net profitability for the first time since the company’s fiscal crisis hit last year.

FRI will schedule another special meeting to discuss a more in-depth proposed company restructuring which will include a concrete delegation of duties over FRI’s administrative, financial, production and distribution operations as Bonfire begins to step up its management partnership role. Initial plans to have a meeting in July did not transpire due to schedule conflicts and Chief Executive Officer John Blythe and Board Co-Chairman and Secretary Myron Ward were either out of town or unavailable at that time. But through a formal restructuring of the company, it will further solidify all expectations and share more authority to do what needs to be done.

Review for “How to Kill Your Co-Workers and Get Away with It” courtesy of iHorror !
06/14/2025

Review for “How to Kill Your Co-Workers and Get Away with It” courtesy of iHorror !

How to Kill Your Co-Workers and Get Away With It is a dark comedy-horror film that blends office satire with twisted revenge fantasy. The

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Film Regions International (FRI) is an Independent development, production and distribution entity with both a domestic and international presence. FRI has produced over ten films including critically acclaimed and award winning features such as “My Amityville Horror” and “Rumah dan Musim Hujan”and has developed an extensive networking relationship with producers, sales agents and major film distributors worldwide.