Reliance Entertainment Studios, Risee Entertainment Acquired by Spac International Media Acquisition
Shibasish Sarkar’s New Jersey registered special purpose acquisition company (Spac) International Media Acquisition Corp. (Imac), of which he is chair and CEO, is acquiring India’s Reliance Entertainment Studios and Risee Entertainment.
A filing with the U.S. Securities & Exchange Commission (SEC) on Oct. 22 reveals that the deal for the two companies is in the form of a total of 102 million in cash and 38 million in investment, spread over four tranches.
Sarkar was formerly CEO of Reliance Entertainment, which recently backed “Vikram Vedha,” starring Hrithik Roshan and Saif Ali Khan and “Goodbye,” featuring Amitabh Bachchan and Rashmika Mandanna, both of which underperformed at the box office. Coming up for Reliance Entertainment is “Cirkus,” starring Ranveer Singh.
Imac, set up to target the Indian media industry, raised more than 200 million through an IPO on the Nasdaq exchange in 2021. It also attracted a galaxy of Indian entertainment industry heavyweights as backers.
A filing with the U.S. Securities & Exchange Commission (SEC) on Oct. 22 reveals that the deal for the two companies is in the form of a total of 102 million in cash and 38 million in investment, spread over four tranches.
Sarkar was formerly CEO of Reliance Entertainment, which recently backed “Vikram Vedha,” starring Hrithik Roshan and Saif Ali Khan and “Goodbye,” featuring Amitabh Bachchan and Rashmika Mandanna, both of which underperformed at the box office. Coming up for Reliance Entertainment is “Cirkus,” starring Ranveer Singh.
Imac, set up to target the Indian media industry, raised more than 200 million through an IPO on the Nasdaq exchange in 2021. It also attracted a galaxy of Indian entertainment industry heavyweights as backers.
- 11/1/2022
- by Naman Ramachandran
- Variety Film + TV
Stay in tune with younger generations and be open to fresh perspectives while remaining true to a core remit were among tips meted out by top film execs on a Zurich Summit panel on Saturday, exploring how to future-proof independent film businesses in an era of rapid change.
“You need to listen to the younger people on your staff and to work with a generation where there is a different resonance to material from that we may have through the filter of working in the industry for the last 20-plus years,” said Anonymous Content president Robert Walak.
“That is something that is always in the back of my mind, how to feed and nurture that young audience.”
Walak was joined on the panel by CAA agent Sarah Schweitzman, Neon CEO & Founder Tom Quinn, Library Pictures Chief Executive David Taghioff and Amblin Partners president of production Jeb Brody.
“Maybe I am...
“You need to listen to the younger people on your staff and to work with a generation where there is a different resonance to material from that we may have through the filter of working in the industry for the last 20-plus years,” said Anonymous Content president Robert Walak.
“That is something that is always in the back of my mind, how to feed and nurture that young audience.”
Walak was joined on the panel by CAA agent Sarah Schweitzman, Neon CEO & Founder Tom Quinn, Library Pictures Chief Executive David Taghioff and Amblin Partners president of production Jeb Brody.
“Maybe I am...
- 9/24/2022
- by Melanie Goodfellow
- Deadline Film + TV
Former Lionsgate film chief Patrick Wachsberger, Carol producer Christine Vachon, Neon CEO Tom Quinn and SPC bosses Michael Barker and Tom Bernard will be among industry executives taking part in the Zurich Summit on Saturday in Switzerland.
The Zurich Film Festival’s flagship industry event, an all-day confab about the state of the independent film business, will gather around 100 top film professionals. Scroll down for the lineup and schedule in full.
For a full rundown of the day’s schedule click here.
As the Zurich Summit’s official media partner, Deadline will be on the ground covering and moderating panels, as well as providing exclusive interviews with key executives via the Deadline Studio. We’ll also have video from key panels.
The conference kicks off with the discussion “How to Finance Independent Films in the Age of Streamers” and a panel comprising UTA agent Alex Brunner, Memento International/Paradise City CEO Emilie Georges,...
The Zurich Film Festival’s flagship industry event, an all-day confab about the state of the independent film business, will gather around 100 top film professionals. Scroll down for the lineup and schedule in full.
For a full rundown of the day’s schedule click here.
As the Zurich Summit’s official media partner, Deadline will be on the ground covering and moderating panels, as well as providing exclusive interviews with key executives via the Deadline Studio. We’ll also have video from key panels.
The conference kicks off with the discussion “How to Finance Independent Films in the Age of Streamers” and a panel comprising UTA agent Alex Brunner, Memento International/Paradise City CEO Emilie Georges,...
- 9/23/2022
- by The Deadline Team
- Deadline Film + TV
Exclusive: Erik Barmack’s Wild Sheep Content has boarded Synchronicity Films and Mr. B Films’ feature Kill, which has entered principal photography.
Former Netflix International senior exec Barmack, who launched Wild Sheep two years ago, described Kill as “uniquely international, genre, and big in scope,” stating it will “deliver for all partners.” The feature, the debut film from director Rodger Griffiths, is the second Synchronicity project that Wild Sheep has partnered on, following YA TV series One More Kill from Sugar Rush’s Holly Phillips.
Meanwhile, Deadline can reveal that CAA Media Finance is handling worldwide sales for Kill and Library Pictures International and Great Point Media have also boarded the project, which is supported by Screen Scotland and Northern Ireland Screen.
The thriller explores the sins of a father, Don, and the revenge of his three sons, who are out to avenge their mothers’ murder and put an end...
Former Netflix International senior exec Barmack, who launched Wild Sheep two years ago, described Kill as “uniquely international, genre, and big in scope,” stating it will “deliver for all partners.” The feature, the debut film from director Rodger Griffiths, is the second Synchronicity project that Wild Sheep has partnered on, following YA TV series One More Kill from Sugar Rush’s Holly Phillips.
Meanwhile, Deadline can reveal that CAA Media Finance is handling worldwide sales for Kill and Library Pictures International and Great Point Media have also boarded the project, which is supported by Screen Scotland and Northern Ireland Screen.
The thriller explores the sins of a father, Don, and the revenge of his three sons, who are out to avenge their mothers’ murder and put an end...
- 6/6/2022
- by Max Goldbart and Jesse Whittock
- Deadline Film + TV
Korea’s New Strikes Multi-Picture Deal With Library Pictures
Korean outfit Next Entertainment World (New) and financier Library Pictures International have signed a three-year co-financing deal covering a slate of Korean-language films. The companies say the pact will focus on making diverse titles with appeal for local filmgoers as well as the potential to be harnessed for remakes in the U.S. and around the world. Next Entertainment World’s projects to date include Train To Busan, Peninsula and The Great Battle. Library has investments in Legendary Pictures and operates co-financing deals in Indonesia, Vietnam, and Turkey. CAA Media Finance, Evolution Media Capital, and O’Melveny & Myers advised on the deal. The deal was negotiated with Danny Lee and Whitney Kim for New.
“The partnership with Library will be a driving force in expanding opportunities for Korean storytellers and accelerate our overall growth,” said Kim Jae-min, President of New’s film department.
Korean outfit Next Entertainment World (New) and financier Library Pictures International have signed a three-year co-financing deal covering a slate of Korean-language films. The companies say the pact will focus on making diverse titles with appeal for local filmgoers as well as the potential to be harnessed for remakes in the U.S. and around the world. Next Entertainment World’s projects to date include Train To Busan, Peninsula and The Great Battle. Library has investments in Legendary Pictures and operates co-financing deals in Indonesia, Vietnam, and Turkey. CAA Media Finance, Evolution Media Capital, and O’Melveny & Myers advised on the deal. The deal was negotiated with Danny Lee and Whitney Kim for New.
“The partnership with Library will be a driving force in expanding opportunities for Korean storytellers and accelerate our overall growth,” said Kim Jae-min, President of New’s film department.
- 3/18/2021
- by Tom Grater
- Deadline Film + TV
U.S. entertainment financier Library Pictures International has struck a three-year deal to co-finance a slate of Korean-language movies from Next Entertainment World (N.E.W.).
Library’s investment will include finished films, films currently in pre-production, as well as projects developed over the course of the next three years. The company was started in 2008 as a local distributor and has gone on to produce and distribute titles including “Train to Busan” “Peninsula” and “The Great battle.” It listed on the Korean stock market in 2014.
“The partnership with Library will be a driving force in expanding opportunities for Korean storytellers and accelerate our overall growth, said Kim Jae-min, president of N.E.W.’s film department. “Leveraging New’s existing production, financing, and distribution capabilities, we are able to support the Korean film ecosystem on a larger scale, helping bring local creators and IP to the global entertainment arena.”
“Korean-language content is...
Library’s investment will include finished films, films currently in pre-production, as well as projects developed over the course of the next three years. The company was started in 2008 as a local distributor and has gone on to produce and distribute titles including “Train to Busan” “Peninsula” and “The Great battle.” It listed on the Korean stock market in 2014.
“The partnership with Library will be a driving force in expanding opportunities for Korean storytellers and accelerate our overall growth, said Kim Jae-min, president of N.E.W.’s film department. “Leveraging New’s existing production, financing, and distribution capabilities, we are able to support the Korean film ecosystem on a larger scale, helping bring local creators and IP to the global entertainment arena.”
“Korean-language content is...
- 3/18/2021
- by Patrick Frater
- Variety Film + TV
The co-financing deal will help fund local projects with potential for US and global remakes.
Korea’s Next Entertainment World (New) has signed a slate co-financing deal for Korean-language films with Los Angeles-based Library Pictures International.
Under the three-year, multi-picture deal Library will invest in finished films, films currently in pre-production and projects developed over the course of the arrangement. The focus, said the companies, will be on “a diverse slate with wide appeal to local filmgoers and the potential for locally relevant remakes in the US and throughout the world.”
New, which over the past decade has expanded from...
Korea’s Next Entertainment World (New) has signed a slate co-financing deal for Korean-language films with Los Angeles-based Library Pictures International.
Under the three-year, multi-picture deal Library will invest in finished films, films currently in pre-production and projects developed over the course of the arrangement. The focus, said the companies, will be on “a diverse slate with wide appeal to local filmgoers and the potential for locally relevant remakes in the US and throughout the world.”
New, which over the past decade has expanded from...
- 3/17/2021
- by John Hazelton
- ScreenDaily
Korean media group Next Entertainment World has partnered with L.A.’s Library Pictures International, signing a three-year co-financing slate for the production of Korean-language films.
A “global local-language content financier focused on industry-leading storytelling,” Library is looking, with New, to capitalize on opportunities in the world’s fifth-largest film market, cultivating a diverse set of projects with appeal to Korean locals, with the baked-in potential for remakes in the U.S. and elsewhere.
Under terms of the arrangement, Library’s investment will go into already finished films, projects currently in development, and those that will be developed by New over the course of the next three years.
“The partnership with Library will be a driving force in expanding opportunities for Korean storytellers and accelerate our overall growth,” said Kim Jae-min, president of the film department at New. “Leveraging New’s existing production, financing, and distribution capabilities, we are able...
A “global local-language content financier focused on industry-leading storytelling,” Library is looking, with New, to capitalize on opportunities in the world’s fifth-largest film market, cultivating a diverse set of projects with appeal to Korean locals, with the baked-in potential for remakes in the U.S. and elsewhere.
Under terms of the arrangement, Library’s investment will go into already finished films, projects currently in development, and those that will be developed by New over the course of the next three years.
“The partnership with Library will be a driving force in expanding opportunities for Korean storytellers and accelerate our overall growth,” said Kim Jae-min, president of the film department at New. “Leveraging New’s existing production, financing, and distribution capabilities, we are able...
- 3/17/2021
- by Matt Grobar
- Deadline Film + TV
The two companies have entered into a slate co-financing deal for projects in Indonesia, Vietnam and Turkey.
South Korea’s leading film studio Cj Entertainment and LA-based local-language content financier Library Pictures International (Lpi) have entered into a multi-year, multi-picture slate co-financing deal covering local-language film productions in Indonesia, Vietnam and Turkey.
Coming on the heels of Cj Entertainment’s multiple Oscar wins with Bong Joon Ho’s Parasite, the deal will see Lpi fund up to 50% of the budget of Cj Entertainment-led local-language productions in each of these three markets where Cj has been investing with an interest in the territories’ rapid growth.
South Korea’s leading film studio Cj Entertainment and LA-based local-language content financier Library Pictures International (Lpi) have entered into a multi-year, multi-picture slate co-financing deal covering local-language film productions in Indonesia, Vietnam and Turkey.
Coming on the heels of Cj Entertainment’s multiple Oscar wins with Bong Joon Ho’s Parasite, the deal will see Lpi fund up to 50% of the budget of Cj Entertainment-led local-language productions in each of these three markets where Cj has been investing with an interest in the territories’ rapid growth.
- 10/27/2020
- by Jean Noh
- ScreenDaily
Library Pictures International, a Los Angeles-based local-language content financier has struck a deal with Cj Entertainment, the South Korean studio behind Oscar-winner “Parasite,” to co-finance its production in Indonesia, Vietnam and Turkey.
Library, which is itself backed by Legendary Pictures, will fund up to 50% of the budget of Cj Entertainment-led local-language productions in each of the three markets. Few deal terms were disclosed, though they were described as a “multi-year, multi-picture” agreement.
Cj-cgv, a sister company within the Cj Group, has acquired or developed multiplex cinemas in multiple developing markets, including Indonesia, Vietnam and Turkey. It has followed those initial moves by developing film distribution and production activities in each of them.
It backed Joko Anwar’s “Satan’s Slaves,” the highest-grossing horror film of all time in Indonesia. Several others have been localized versions of Cj Entertainment’s original Korean-language intellectual properties, including “Sweet 20,” a Vietnamese version of nostalgic hit “Miss Granny.
Library, which is itself backed by Legendary Pictures, will fund up to 50% of the budget of Cj Entertainment-led local-language productions in each of the three markets. Few deal terms were disclosed, though they were described as a “multi-year, multi-picture” agreement.
Cj-cgv, a sister company within the Cj Group, has acquired or developed multiplex cinemas in multiple developing markets, including Indonesia, Vietnam and Turkey. It has followed those initial moves by developing film distribution and production activities in each of them.
It backed Joko Anwar’s “Satan’s Slaves,” the highest-grossing horror film of all time in Indonesia. Several others have been localized versions of Cj Entertainment’s original Korean-language intellectual properties, including “Sweet 20,” a Vietnamese version of nostalgic hit “Miss Granny.
- 10/26/2020
- by Patrick Frater
- Variety Film + TV
Financier Library Pictures International and Korean studio Cj Entertainment, producer of the multi-Oscar winner Parasite, have entered into a multi-year, multi-picture slate co-financing deal covering local-language film productions in Indonesia, Vietnam and Turkey.
Under terms of the deal, Library will fund up to 50% of the budget of Cj Entertainment-led local-language productions in each of the three growing markets.
Cj Entertainment has actively expanded its presence in Southeast Asia and Turkey, producing such films as Satan’s Slaves, the highest-grossing horror film of all time in Indonesia; six of the top 20 local films in Vietnam, including Sweet 20, one of their highest-grossing films of all time, and a re-make of their hit Korean film Miss Granny; and investing in and distributing hit films Aile Arasinda and Kogustaki Mucize in Turkey in the last couple of years.
“Cj Entertainment has been a powerful supporter of creative voices, not only in Korea but in several markets around the world,...
Under terms of the deal, Library will fund up to 50% of the budget of Cj Entertainment-led local-language productions in each of the three growing markets.
Cj Entertainment has actively expanded its presence in Southeast Asia and Turkey, producing such films as Satan’s Slaves, the highest-grossing horror film of all time in Indonesia; six of the top 20 local films in Vietnam, including Sweet 20, one of their highest-grossing films of all time, and a re-make of their hit Korean film Miss Granny; and investing in and distributing hit films Aile Arasinda and Kogustaki Mucize in Turkey in the last couple of years.
“Cj Entertainment has been a powerful supporter of creative voices, not only in Korea but in several markets around the world,...
- 10/26/2020
- by Andreas Wiseman
- Deadline Film + TV
Exclusive: In yet another sign of India’s growing appeal for the world’s content financiers, Chris Albrecht and Legendary’s TV venture Legendary Global is teaming with Library Pictures International to co-finance and produce two seasons of a Hindi-language series from Vikramaditya Motwane, creator of Netflix’s first Indian original Sacred Games.
The Ya dark comedy-drama will be executive produced, written and directed by former Phantom Films filmmaker Motwane, who is also known for directing Bollywood movies Trapped, Lootera and Udaan, which debuted at Cannes.
Motwane is considered one of India’s leading director-producers. After the second season of Netflix’s Sacred Games he partnered with Blumhouse to produce Ghoul, the three-part horror series which became the streamer’s second Indian original.
Abhay Koranne, who co-created the Ya series with Motwane, will also serve as a writer. The logline is being kept under wraps.
The deal is expected to...
The Ya dark comedy-drama will be executive produced, written and directed by former Phantom Films filmmaker Motwane, who is also known for directing Bollywood movies Trapped, Lootera and Udaan, which debuted at Cannes.
Motwane is considered one of India’s leading director-producers. After the second season of Netflix’s Sacred Games he partnered with Blumhouse to produce Ghoul, the three-part horror series which became the streamer’s second Indian original.
Abhay Koranne, who co-created the Ya series with Motwane, will also serve as a writer. The logline is being kept under wraps.
The deal is expected to...
- 5/19/2020
- by Andreas Wiseman
- Deadline Film + TV
Legendary Pictures has made an investment in Library Pictures International with plans to fund local-language productions.
Library Pictures is a content-financing entity organized earlier this year by CAA Media Finance to support industry-leading filmmakers and distributors by investing in local-language production slates. As part of the deal, Legendary becomes part of a team at Library to fund deals in India, Latin America and Spain, with Malaysia, Indonesia, South Korea, Vietnam and China.
“Library Pictures aims to fulfill a fundamental and overwhelming demand in local territories for filmed entertainment that simultaneously embodies and is authentic to those audiences,” said Joshua Grode, Legendary CEO. “Not only do we have a unique opportunity to lift and empower new voices and local producers, but we can benefit economically by investing in and supporting these lucrative marketplaces.”
David Taghioff, who leads Library from its Los Angeles headquarters, cited Legendary’s role as a pioneer of slate financing,...
Library Pictures is a content-financing entity organized earlier this year by CAA Media Finance to support industry-leading filmmakers and distributors by investing in local-language production slates. As part of the deal, Legendary becomes part of a team at Library to fund deals in India, Latin America and Spain, with Malaysia, Indonesia, South Korea, Vietnam and China.
“Library Pictures aims to fulfill a fundamental and overwhelming demand in local territories for filmed entertainment that simultaneously embodies and is authentic to those audiences,” said Joshua Grode, Legendary CEO. “Not only do we have a unique opportunity to lift and empower new voices and local producers, but we can benefit economically by investing in and supporting these lucrative marketplaces.”
David Taghioff, who leads Library from its Los Angeles headquarters, cited Legendary’s role as a pioneer of slate financing,...
- 12/6/2019
- by Dave McNary
- Variety Film + TV
No projects unveiled since entity announced in Cannes.
Legendary Pictures has invested in Library Pictures International, the local-language content financier backed by a consortium that includes Atwater Capital and German mini-major Leonine.
The unspecified investment will enable Legendary to play a part in funding content across initial deals covering India, Latin America, and Spain, with Malaysia, Indonesia, South Korea, Vietnam, and China among territories targeted for expansion.
So far no projects have been revealed since Library Pictures International, set up under the leadership of David Taghioff and structured with the help of CAA Media Finance, was unveiled in Cannes.
“Given...
Legendary Pictures has invested in Library Pictures International, the local-language content financier backed by a consortium that includes Atwater Capital and German mini-major Leonine.
The unspecified investment will enable Legendary to play a part in funding content across initial deals covering India, Latin America, and Spain, with Malaysia, Indonesia, South Korea, Vietnam, and China among territories targeted for expansion.
So far no projects have been revealed since Library Pictures International, set up under the leadership of David Taghioff and structured with the help of CAA Media Finance, was unveiled in Cannes.
“Given...
- 12/6/2019
- by 36¦Jeremy Kay¦54¦
- ScreenDaily
Legendary Pictures has invested in Library Pictures International, a content financing entity organized earlier this year by CAA Media Finance to support filmmakers and distributors in the international market by investing in local language production slates. Led by Mary Parent and Josh Grode, Legendary will be part of a team at Library to fund local-language productions aimed to harness filmmaker talent and producers in each territory. Initial deals cover India, Latin America, and Spain, with Malaysia, Indonesia, South Korea, Vietnam, and China among the targeted territories for expansion.
“Given Legendary’s role as a pioneer of slate financing, Josh, Mary and the entire Legendary team bring unparalleled strategic knowledge coupled with a deep appreciation for international storytellers,” said David Taghioff, who leads Library from its Los Angeles headquarters. “They are an ideal partner in fueling Library’s continued growth as we collectively support content creators around the world.”
Said Legendary...
“Given Legendary’s role as a pioneer of slate financing, Josh, Mary and the entire Legendary team bring unparalleled strategic knowledge coupled with a deep appreciation for international storytellers,” said David Taghioff, who leads Library from its Los Angeles headquarters. “They are an ideal partner in fueling Library’s continued growth as we collectively support content creators around the world.”
Said Legendary...
- 12/6/2019
- by Mike Fleming Jr
- Deadline Film + TV
A consortium of media and entertainment investors led by Atwater Capital and Kkr’s new German indie conglomerate are launching local-language production financier Library Pictures International, it was announced today in Cannes.
The idea is to invest in global filmmakers and distributors directly through local production slates. The label has signed multi-year slate financing deals with international production and distribution firms including Ronnie Screwvala’s RSVP Productions from India and Sun Distribution for Latin America and Spain. Additional partners will be known soon.
CAA’s Media Finance and Global Client Strategy groups architected the financing entity and negotiated the slate deals with the initial partners. Evolution Media Capital served as sole financial advisor. David Taghioff, who previously served as co-head of CAA’s Global Client Strategy group, will lead and operate Library from its Los Angeles headquarters.
Library will aim to leverage each partner’s established marketing and distribution infrastructure,...
The idea is to invest in global filmmakers and distributors directly through local production slates. The label has signed multi-year slate financing deals with international production and distribution firms including Ronnie Screwvala’s RSVP Productions from India and Sun Distribution for Latin America and Spain. Additional partners will be known soon.
CAA’s Media Finance and Global Client Strategy groups architected the financing entity and negotiated the slate deals with the initial partners. Evolution Media Capital served as sole financial advisor. David Taghioff, who previously served as co-head of CAA’s Global Client Strategy group, will lead and operate Library from its Los Angeles headquarters.
Library will aim to leverage each partner’s established marketing and distribution infrastructure,...
- 5/20/2019
- by Andreas Wiseman
- Deadline Film + TV
Library Pictures International backed by initial consortium that includes Kkr, Sun Distribution, RSVP.
A consortium led by investment firm Atwater Capital and Kkr’s Germany-based media company has launched a financing entity to fund local-language production slates.
Library Pictures International has signed multi-year slate financing deals with several international producers and distributors, which besides Kkr include RSVP Productions in India, and Sun Distribution in Latin America and Spain.
The venture will look for opportunities to invest in further markets where local content claims significant market share.
CAA’s Media Finance and Global Client Strategy groups built the financing entity and...
A consortium led by investment firm Atwater Capital and Kkr’s Germany-based media company has launched a financing entity to fund local-language production slates.
Library Pictures International has signed multi-year slate financing deals with several international producers and distributors, which besides Kkr include RSVP Productions in India, and Sun Distribution in Latin America and Spain.
The venture will look for opportunities to invest in further markets where local content claims significant market share.
CAA’s Media Finance and Global Client Strategy groups built the financing entity and...
- 5/20/2019
- by Jeremy Kay
- ScreenDaily
Local-language film making is to get a fillip through the launch of Library Pictures International. The company is backed by a consortium of investors led by media investment firm Atwater Capital and a newly formed Germany-based media company established by Kkr.
The new firm is intended as a content-financing entity to support industry-leading filmmakers and distributors across the globe by investing in local production slates. It has signed multi-year slate-financing deals with prominent international production and distribution entities, including RSVP, the production company headed by former Disney India chief Ronnie Screwvala. Others include Sun Distribution (Latin America and Spain), which just bought Latin American and Iberian rights to Roland Emmerich’s “Moonfall,” being shopped at Cannes.
CAA’s media finance and global client strategy groups put together the financing entity and negotiated the slate deals with the initial partners. Evolution Media Capital served as sole financial advisor. David Taghioff, who...
The new firm is intended as a content-financing entity to support industry-leading filmmakers and distributors across the globe by investing in local production slates. It has signed multi-year slate-financing deals with prominent international production and distribution entities, including RSVP, the production company headed by former Disney India chief Ronnie Screwvala. Others include Sun Distribution (Latin America and Spain), which just bought Latin American and Iberian rights to Roland Emmerich’s “Moonfall,” being shopped at Cannes.
CAA’s media finance and global client strategy groups put together the financing entity and negotiated the slate deals with the initial partners. Evolution Media Capital served as sole financial advisor. David Taghioff, who...
- 5/20/2019
- by Patrick Frater
- Variety Film + TV
Four-year pact kicks off with Elton John musical Rocketman starring Taron Egerton.
Producer-financier Brian Oliver is officially launching his New Republic Pictures in Cannes backed by a fund out of the Us, Europe, India and the Middle East, and has struck a first-look co-financing and distribution deal with Paramount Pictures.
The four-year pact kicks off with Elton John musical Rocketman to star Taron Egerton, which Paramount will distribute worldwide and goes into production this year. Dexter Fletcher will direct from a screenplay by Billy Elliot writer Lee Hall.
Under the tiered deal, Paramount gets first look on a 50-50 co-finance split and worldwide distribution.
Producer-financier Brian Oliver is officially launching his New Republic Pictures in Cannes backed by a fund out of the Us, Europe, India and the Middle East, and has struck a first-look co-financing and distribution deal with Paramount Pictures.
The four-year pact kicks off with Elton John musical Rocketman to star Taron Egerton, which Paramount will distribute worldwide and goes into production this year. Dexter Fletcher will direct from a screenplay by Billy Elliot writer Lee Hall.
Under the tiered deal, Paramount gets first look on a 50-50 co-finance split and worldwide distribution.
- 5/8/2018
- by Jeremy Kay
- ScreenDaily
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