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Tag: Dana Brunetti

  • Relativity, LAMF ink 5-year co-financing & production deal

    Relativity, LAMF ink 5-year co-financing & production deal

    MUMBAI: After claiming to have received a fresh infusion of funds to the tune of $100 million, Relativity Media has now entered into a five-year agreement to co-finance and co-produce films with LAMF LLC (Los Angeles Media Fund).

     

    As per the terms of the deal, LAMF will have a limited first look at Relativity Studios’ upcoming slate of feature films.

     

    Under the terms of the partnership, Relativity Studios and LAMF will co-produce and co-finance films to be distributed domestically and internationally by Relativity Studios. The deal follows a co-financing and co-production deal reached by Relativity and LAMF in 2014 for the psychological thriller, The Disappointments Room, directed by D.J. Caruso and starring Kate Beckinsale, set for theatrical release in 2016.

     

    Relativity Studios president Dana Brunetti said, “Relativity and LAMF share a common vision for creating great content. We are thrilled to work more closely with them as Relativity embarks on an exciting next chapter.”

     

    LAMF co-CEO Jeffrey Soros added, “Kevin’s and Dana’s experience and track record as a producing team in creating highly entertaining and commercially successful movies, coupled with Relativity’s new ambitions and distribution capabilities, offer LAMF an exciting platform for collaboration. We look forward to working together on a number of projects to create truly compelling films.”

     

    The partnership with LAMF comes after Relativity earlier this month announced plans to acquire Kevin Spacey and Brunetti’s Trigger Street Productions.

  • Relativity, LAMF ink 5-year co-financing & production deal

    Relativity, LAMF ink 5-year co-financing & production deal

    MUMBAI: After claiming to have received a fresh infusion of funds to the tune of $100 million, Relativity Media has now entered into a five-year agreement to co-finance and co-produce films with LAMF LLC (Los Angeles Media Fund).

     

    As per the terms of the deal, LAMF will have a limited first look at Relativity Studios’ upcoming slate of feature films.

     

    Under the terms of the partnership, Relativity Studios and LAMF will co-produce and co-finance films to be distributed domestically and internationally by Relativity Studios. The deal follows a co-financing and co-production deal reached by Relativity and LAMF in 2014 for the psychological thriller, The Disappointments Room, directed by D.J. Caruso and starring Kate Beckinsale, set for theatrical release in 2016.

     

    Relativity Studios president Dana Brunetti said, “Relativity and LAMF share a common vision for creating great content. We are thrilled to work more closely with them as Relativity embarks on an exciting next chapter.”

     

    LAMF co-CEO Jeffrey Soros added, “Kevin’s and Dana’s experience and track record as a producing team in creating highly entertaining and commercially successful movies, coupled with Relativity’s new ambitions and distribution capabilities, offer LAMF an exciting platform for collaboration. We look forward to working together on a number of projects to create truly compelling films.”

     

    The partnership with LAMF comes after Relativity earlier this month announced plans to acquire Kevin Spacey and Brunetti’s Trigger Street Productions.

  • Relativity Media gets $100 million in new funding

    Relativity Media gets $100 million in new funding

    MUMBAI: It seems as if the financial woes of the Ryan Kavanaugh-led  Relativity Media LLC might just be over. The company has claimed to have successfully completed new financing commitments in excess of $100 million, in anticipation of its emergence from chapter 11 in February.

     

    The new financing includes more than $100 million in additional commitments from current investors including Macquarie Bank; Joseph Nicholas and Kavanaugh, Atorus Investment Management LLC chief investment officer Carey Metz and new investors such as TomorrowVentures and Carat Global as well as VII Peaks Capital.

     

    The new financing is separate from the approximately $180 million in Relativity senior debt acquired by Kavanaugh and Nicholas during the course of the company’s chapter 11 process, however it is anticipated that this debt will be converted pursuant to the plan of re-organisation.

     

    This financing is in addition to the post emergence ultimate facility, an asset backed facility being syndicated by GHL & Company and Aperture Media Partners.

     

    In addition, since Carat Global has agreed to extend credit to Relativity for its P&A capital, Relativity’s debt need is much less than expected.

     

    “With the total financing commitments now successfully in place, we remain focused on emerging from chapter 11 and moving forward with our robust slate of films and our continued evolution as a 360 degree content engine,” said Kavanaugh.

     

    Kavanaugh and Nicholas, will be co-managers of Relativity’s parent company, Relativity Holdings, with a robust management and finance team to oversee the 360 vertical from film and television to branding, sports, digital and Relativity Education.

     

    As was reported by Indiantelevision.com, earlier this month, Relativity acquired Kevin Spacey and Dana Brunetti’s entertainment production company Trigger Street Productions. At Relativity, Spacey will become chairman of RelativityStudios and Brunetti will become president of Relativity Studios where they will oversee all film and television operations.

  • Relativity Media gets $100 million in new funding

    Relativity Media gets $100 million in new funding

    MUMBAI: It seems as if the financial woes of the Ryan Kavanaugh-led  Relativity Media LLC might just be over. The company has claimed to have successfully completed new financing commitments in excess of $100 million, in anticipation of its emergence from chapter 11 in February.

     

    The new financing includes more than $100 million in additional commitments from current investors including Macquarie Bank; Joseph Nicholas and Kavanaugh, Atorus Investment Management LLC chief investment officer Carey Metz and new investors such as TomorrowVentures and Carat Global as well as VII Peaks Capital.

     

    The new financing is separate from the approximately $180 million in Relativity senior debt acquired by Kavanaugh and Nicholas during the course of the company’s chapter 11 process, however it is anticipated that this debt will be converted pursuant to the plan of re-organisation.

     

    This financing is in addition to the post emergence ultimate facility, an asset backed facility being syndicated by GHL & Company and Aperture Media Partners.

     

    In addition, since Carat Global has agreed to extend credit to Relativity for its P&A capital, Relativity’s debt need is much less than expected.

     

    “With the total financing commitments now successfully in place, we remain focused on emerging from chapter 11 and moving forward with our robust slate of films and our continued evolution as a 360 degree content engine,” said Kavanaugh.

     

    Kavanaugh and Nicholas, will be co-managers of Relativity’s parent company, Relativity Holdings, with a robust management and finance team to oversee the 360 vertical from film and television to branding, sports, digital and Relativity Education.

     

    As was reported by Indiantelevision.com, earlier this month, Relativity acquired Kevin Spacey and Dana Brunetti’s entertainment production company Trigger Street Productions. At Relativity, Spacey will become chairman of RelativityStudios and Brunetti will become president of Relativity Studios where they will oversee all film and television operations.

  • Relativity Media acquires Trigger Street; Kevin Spacey & Dana Brunetti to run studio

    Relativity Media acquires Trigger Street; Kevin Spacey & Dana Brunetti to run studio

    MUMBAI: In what can be called a shocker of a development, Ryan Kavanaugh’s Relativity Media, which filed for Chapter 11 bankruptcy last year, has now acquired Kevin Spacey and Dana Brunetti’s entertainment production company Trigger Street Productions.

     

    Effective mid-February, Spacey will become chairman of Relativity Studios, whereas Brunetti will become the company’s president. Together, they will oversee all creative content and film production for the company. Financial terms of the transaction were not disclosed.

     

    “I am thrilled to welcome Kevin and Dana to Relativity. Kevin’s incredible creative success as a two-time Academy Award winner and star and producer of the critically acclaimed House of Cards speaks for itself. Dana has remarkable instincts and an impressive track record of producing films such asFifty Shades of Grey and Captain Phillips. Both men share my passion for film and Relativity’s unique 360 degree content engine, and I could not be more excited to partner with such talented professionals,” said Relativity chairman and CEO Ryan Kavanaugh.

     

    “They thought we were crazy when we chose to do House of Cards with an online streaming service; they thought I was crazy when I went to run The Old Vic Theatre when no one thought it could be saved; and this move with Relativity will be proof for some that we really are crazy,” said Spacey. “This is an incredible opportunity to make great entertainment. I’m thrilled at this next evolution in my career, having run an independent production company to now be able to run a studio is a great challenge, and I’ve learned that in the end it’s the risk takers that are rewarded.”

     

    “While other studios are focusing on tentpoles and franchises, there is a void with an eager audience for films that are character driven with great storytelling that can be made at a reasonable budget,” added Brunetti. “Being a disruptor at heart, I look forward to the opportunities that being inside a studio system will present.”

     

    Trigger Street Productions’ credits include Academy Award-nominated Captain Phillips, Academy Award-nominated and Golden Globe-winning The Social Network, and the Emmy nominated House of Cards, Bernard and Doris and Recount, as well as numerous other films including 21, Shrink,Fanboys and the stage production The Iceman Cometh.

  • Film on battling Somali pirates to get worldwide release in October

    Film on battling Somali pirates to get worldwide release in October

    NEW DELHI: ‘Captain Phillps‘ directed by Paul Greengrass and starring Tom Hanks with Catherine Keener, will be released worldwide on 11 October.
     
    Tom Hanks is a two-time Oscar winner and Oscar nominee Greengrass is director of the Bourne series of films.
     
    ‘Captain Phillips‘ is an action thriller from Columbia Pictures produced by Scott Rudin, Dana Brunetti, and Michael De Luca.
     
    It is the true story of Captain Richard Phillips and the 2009 hijacking by Somali pirates of the US-flagged MV Maersk Alabama, the first American cargo ship to be hijacked in two hundred years.
     
    The film is based on a screenplay by Billy Ray and based upon the book, ‘A Captain‘s Duty: Somali Pirates, Navy SEALs, and Dangerous Days at Sea‘, by Richard Phillips with Stephan Talty.