FilmHedge, Riveting Entertainment Group Reveal $25 Million First-Look Financing Partnership at Cannes Film Market (EXCLUSIVE)
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variety.comNaman Ramachandran Film and TV finance company FilmHedge has joined forces with Riveting Entertainment Group in a $25 million first-look financing production partnership to significantly expand Riveting Films.
The companies will collaborate on a broad slate of feature length films with the first one planned to begin production within the year.
The deal was revealed at the ongoing Cannes Film Market, where FilmHedge is a sponsor of the Producers Network and the International Film Finance Forum.
In addition to the financing deal, film and TV production company Southbox Entertainment (“Collateral Data,” “Witch Hunt”) has the option to provide supplementary equity financing to the collaboration, as well as future productions from Riveting Films.
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