LOS ANGELES (TheWrap.com) – Participant Media has formed a $ 100 million film fund with Doha Film Institute with the goal of financing 12 to 16 feature films, the companies said Wednesday.
The revolving fund extends for a five-year period and the partners will collaborate on developing, producing and arranging distribution for various projects.
In addition to the film fund, Participant and DFI are exploring a joint venture to create content for Participant’s new television channel, which will launch in August.
Participant will create a Middle East branch based at Doha Film Institute’s Qatar headquarters as part of the pact.
Participant has had a strong year at the box office, producing the breakout snowbirds in India film “The Best Exotic Marigold Hotel” ($ 134.4 million worldwide) and the Best Picture nominated “Lincoln” ($ 221.2 million worldwide).
Doha Film Institute has backed less high-profile films, such as “The Reluctant Fundamentalist” and “Just Like a Woman.”
Movies News Headlines – Yahoo! News
Title Post: Participant, Doha Film Institute form $100 million film fund
Url Post: http://www.news.fluser.com/participant-doha-film-institute-form-100-million-film-fund/
Link To Post : Participant, Doha Film Institute form $100 million film fund
Rating:
100%
based on 99998 ratings.
5 user reviews.
Author:
Thanks for visiting the blog, If any criticism and suggestions please leave a comment
Participant, Doha Film Institute form $100 million film fund
This article
Participant, Doha Film Institute form $100 million film fund
can be opened in url
http://hardrocknewstar.blogspot.com/2013/02/participant-doha-film-institute-form.html
Participant, Doha Film Institute form $100 million film fund
