From a purely design point of view (i.e. nothing to do with the movie):
- if using a smaller font for "PRESENT" it should be centred below the producers' names (use tight line-spacing)
- needs space either side of the word MERIDIAN, not just because lots of space (around text) is a golden rule of poster design but also for practical reasons : you can't control how the poster will be displayed, and if it's in a frame, you risk losing the M and the N!
- unless you plan on filling it with the tagline and the actors names, there's an awful lot of empty sky at the top and then the title superimposed over an already detailed lower half.
As for the conception/artwork, regardless of the genre, I would expect to see a visual representation of meridian in the title : either a clear line through the buildings in the background, or a left-right split in the design. Alternatively, a thin line above/below/through the text separating the built-up background from the devastation in the foreground. One way or another, a meridian is a dividing line (notional or otherwise) so that should be in the image rather than floating over the top.