Filmnation Entertainment and Faliro House Productions Partner for Two-Year Development Fund
FILMNATION ENTERTAINMENT AND FALIRO HOUSE PRODUCTIONS PARTNER FOR TWO-YEAR DEVELOPMENT FUND
FUND TO EXPAND FALIRO HOUSE’S INTERNATIONAL PRESENCE AND BUILD ON FILMNATION’S CONTINUED SUCCESS OF ACQUIRING HIGH-PROFILE DEVELOPMENT PROJECTS
NEW YORK – Tuesday, February 11, 2014 – FilmNation Entertainment and Faliro House Productions, backed by Greek film financier and producer Christos V. Konstantakopoulos (Before Midnight, Only Lovers Left Alive, Knight of Cups), have announced a two-year development fund deal. The deal will allow FilmNation to further expand its strategy of acquiring early-stage, high-profile development properties, while simultaneously broadening Faliro House’s slate with a number of marquee pictures for the international marketplace.
The fund is the first collaboration for the like-minded companies and is intended to pay for the development of four to eight projects annually. All funded projects are intended to be financed under FilmNation's existing credit facility and will provide FilmNation's production and financing arms greater resources to continue building its pipeline.
“It’s an honor when a man like Glen Basner asks you to partner up” said Faliro House President Christos V. Konstantakopoulos. “This will greatly help our goals in Greece and abroad and we very much look forward to working with Glen and all the wonderful citizens of FilmNation."
“We are thrilled to be collaborating with such a well-respected producer and financier as Christos and his company Faliro House,” said FilmNation CEO Glen Basner. “His exceptional taste in film aligns perfectly with FilmNation’s already existing slate and the support of this fund will greatly contribute to the success of future projects.”
The development fund was brought in and brokered by Victoria Cook of Frankfurt Kurnit Klein & Selz PC on behalf of Faliro House, and FilmNation’s COO Milan Popelka and EVP of Business & Legal Affairs Alison Cohen. The deal is effective immediately.
About Faliro House Productions Faliro House was founded in 2008 by Christos V. Konstantakopoulos, it has since been involved in more than 40 films including Take Shelter by Jeff Nichols, Only Lovers Left Alive by Jim Jarmusch, Listen Up Philip by Alex Ross Perry and Oscar- nominated Before Midnight by Richard Linklater. Upcoming projects include Chevalier by Athina Rachel Tsangari, Pity by Babis Makridis, The Lobster by Yorgos Lanthimos and Stratos by Yannis Economides.
About FilmNation Entertainment Founded in 2008 by veteran international film executive Glen Basner, FilmNation Entertainment is a new kind of film company – global, versatile and full-service; and is a go-to destination for many of the world’s most renowned filmmakers. FilmNation can board a project in a myriad of ways (as a producer, financier, sales agent, international distributor or marketer) and at any stage in a film’s lifespan including development.
FilmNation’s impressive sales line-up showcases the work of many of today’s most exciting, established and up-and-coming filmmakers, including recently announced: Once director John Carney's Sing Street, and The Whole Truth starring Daniel Craig.
Upcoming releases from FilmNation's sales slate include: Jonathan Glazer’s Under The Skin with Scarlett Johansson, an In Competition film at the 2013 Venice Film Festival and 2013 Toronto International Film Festival Official Selection; Terrence Malick’s Knight Of Cups and an untitled project; David Michôd’s The Rover starring Guy Pearce and Robert Pattinson; Anton Corbijn’s A Most Wanted Man starring Philip Seymour Hoffman and Rachel McAdams; the untitled Marc Lawrence romantic comedy starring Hugh Grant and Marisa Tomei; Solace starring Sir Anthony Hopkins; Tracers starring Taylor Lautner; Selfless starring Ryan Reynolds; The Imitation Game starring Benedict Cumberbatch; among others.
Sales titles currently in pre-production include: J.C. Chandor’s A Most Violent Year; Genius starring Colin Firth; Bill Condon’s Sherlock Holmes tale A Slight Trick Of The Mind; Anton Corbijn’s Life, a true story about the friendship between James Dean and Life Magazine photographer Dennis Stock; Alejandro Amenábar’s elevated-genre Regression starring Ethan Hawke and Emma Watson; and Nima Nourizadeh’s American Ultra starring Jesse Eisenberg and Kristen Stewart.
Among the films released last year were three 2013 Cannes Official Selections: Sofia Coppola’s The Bling Ring, an Un Certain Regard title starring Emma Watson; Alexander Payne’s six-time Academy Award nominated Nebraska starring Bruce Dern, winner of the Best Actor award in Cannes, and J.C. Chandor’s Academy Award nominated All Is Lost starring Robert Redford. Also released last year were Steven Soderbergh’s Side Effects; Terrence Malick’s To The Wonder; and Pedro Almodovar’s Los amantes pasajeros (I’m So Excited!).
Production vet Aaron Ryder heads up FilmNation’s production arm. Released in 2013 was Jeff Nichols’ critically acclaimed Mud, a 2012 Cannes competition selection and one of 2013's highest grossing indie films starring Matthew McConaughey. Coming out this year is Dan Beers' teen sex comedy Premature, which will world premiere at this year’s SXSW Film Festival. FilmNation is in development on Denis Villeneuve’s Story Of Your Life; The Rules of Inheritance starring Jennifer Lawrence; The Good House starring Meryl Streep and Robert De Niro; among others.
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PRESS CONTACT Sarah Jarvis, FilmNation Entertainment, 917-484-8916, [email protected]