Academy Awards. Beyonce performs with Blue Ivy at Oscars On Sunday, the singer performed Be Alive, her original song from the film King Richard, from the tennis court in Compton, California, where Serena and Venus Williams once practised.
10.03.2022 - 21:05 / deadline.com
Sales and distribution outfit Blue Fox Entertainment is launching a digital lending platform dedicated to film financing.
Blue Fox Financing is being created following the acquisition of Crossroad Lending, a film financing digital marketplace.
Developed and created by film producer Patrick Rizzotti, Crossroad is designed to service the entertainment industry by connecting filmmakers with a curated database of film and television lenders as well as equity financiers.
The business model for Blue Fox Financing will focus on U.S. tax credit loans, gap/supergap loans, U.S. minimum guarantees and/or foreign pre-sales and estimates, the company said. Rizzotti will head up the new company.
“Crossroads Lending’s platform is uniquely positioned in the entertainment industry for its ability to streamline and expedite funding opportunities, for both filmmakers and lenders. Blue Fox Financing is a natural extension of Blue Fox Entertainment’s distribution and sales business but is a standalone company operated independently by Patrick,” said Blue Fox founder James Huntsman.
Rizzotti added, “Several years ago, while attempting to cashflow a sizeable streaming licensing fee, I realized there were only limited and expensive options for securing a lender, even for low risk collateral. As a result, I created a marketplace which connected filmmakers to lenders, whereby there would be one centralized platform to shop your debt financing on films. This is commonplace in other industries like mortgage, business loans and insurance. As a film producer, I’m always looking for this type of financing on my own projects and know firsthand how useful this marketplace will be to filmmakers who will now be able to instantly go out to a wide array of
Academy Awards. Beyonce performs with Blue Ivy at Oscars On Sunday, the singer performed Be Alive, her original song from the film King Richard, from the tennis court in Compton, California, where Serena and Venus Williams once practised.
Brits have been soaking up the sunshine over recent days, with temperatures increasing across the UK. Spring is in full swing, and with the clocks going forward, we can now get ready to experience lighter evenings and hopefully, warmer climates.
Boris Johnson has admitted the government needs "to do more" to tackle the growing cost of living crisis plaguing the UK.
ITV Coronation Street star Fiz Stape could be departing the famous cobbles after 21 years. Jennie McAlpine's character is at risk from leaving fans gutted by departing Weatherfield alongside her partner Phill.
ITV hit soap, was part of a comedy partnership with Sue Ryding. Read more: Emmerdale's Zoe Henry admits she prefers not having to film scenes with co-star husband Jeff Hordley Sue revealed the star's family are "in a state of shock" following her sudden death in a statement shared on Facebook. She wrote: "It is with great sadness that I have to announce the death of Maggie Fox, my comedy partner of 40 years and co-Artistic Director of LipService.
She didn’t have all the facts. Julia Fox is taking back her claims that Kanye West is “harmless” as his drama with ex-wife Kim Kardashian continues to make waves.
A teenager with a promising future drowned when the car he was travelling in ended up upside down in a water filled ditch following an accident, an inquest heard.
A Scots mum feared her two-year-old daughter was going to die when she turned blue and suffered a seizure in Asda.
Ukraine when the vehicle he was traveling in outside of Kyiv with another reporter was struck by incoming fire, the network said on Tuesday.The slain videographer, Pierre Zakrzewski, 55, had covered conflicts in Iraq, Afghanistan and Syria for Fox, according to a memo sent to the network's employees.“His passion and talent as a journalist were unmatched,” Suzanne Scott, CEO of Fox News Media, said in the memo.Reporter Benjamin Hall has been hospitalized since Monday, when their vehicle was hit in Horenka, the network said.Zakrzewski, who was based in London, was the second journalist killed in Ukraine in two days. Brent Renaud, a documentary filmmaker and another veteran of covering war zones, died Sunday after Russian forces opened fire on his vehicle.Scott said of Zakrzewski: “His talents were vast and there wasn't a role that he didn't jump in to help with in the field — from photographer to engineer to editor to producer — and he did it all under immense pressure with tremendous skill.”Last year, Zakrzewski played a key role in getting Fox's freelancers and their families out of Afghanistan after the U.S.
Winnie Harlow does it all! The supermodel is one of Hollywood’s perfect examples of how to balance career, business, and love life successfully. The Jamaican-Canadian fashion sensation and vitiligo spokesperson launched a new skincare product right after returning from her romantic vacation with boyfriend Kyle Kuzma.The 27-year-old model and businesswoman took to social media to share snaps from her paradisiacal vacation with her 26-year-old NBA star boyfriend.
Pat Saperstein Deputy EditorIndependent finance and production company SSS Entertainment is launching a sales arm dubbed The Syndicate, offering titles including two films starring and directed by Katie Holmes and Neil Labute’s “House of Darkness” starring Justin Long and Kate Bosworth.Shaun Sanghani, owner and CEO of SSS Entertainment, says the company will focus on “using its depth of experience to deliver independent features that are daring and empathetic while being accessible and recognizable to a wide audience.”Among the half dozen titles that SSS Entertainment has recently produced and financed are “Alone Together” and period piece “Rare Objects,” both starring and directed by Holmes.At SXSW this week, SSS Entertainment is premiering Eli Horowitz’s “The Cow” with Winona Ryder and Dermot Mulroney. Sanghani produced and financed “The Fallout,” which won last year’s SXSW Grand Jury and Audience awards.
Two of the major TV networks just canceled their hot new freshman shows of the season.