Manori Ravindran Executive Editor of International Kiss frontman Gene Simmons and Gary Hamilton, chairman of Arclight Films, have launched Simmons/Hamilton Prods.
to develop, finance and produce feature films. The standalone banner will produce 25 movies over an initial five-year period, with a focus on action, thriller and genre titles with global franchise potential.
The company is backed by a multi-billion dollar fund manager that is providing slate financing through a revolving finance facility.
Arclight Films’ CFO Brian Beckmann was responsible for closing the slate funding deal. All films created under the new company — which was first discussed five years ago, and recently firmed up — will be produced by Simmons and Hamilton, both of whom are in Cannes for the festival.
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