Avi Federgreen’s Indiecan Entertainment is launching a genre-focused distribution arm, hot on the heels of releasing Junta Yamaguchi’s time paradox comedy Beyond the Infinite Two Minutes.
26.04.2022 - 03:23 / variety.com
Jennifer Maas TV Business WriterEntertainment-focused private investment firm Coral Tree Partners has closed its inaugural round of funding with committed capital of approximately $470 million, well above the initial target of $350 million.Per Coral Tree, inaugural fund was “significantly oversubscribed above its original hard cap” and “received strong support from a range of high‐quality institutional investors, including endowments, foundations, insurance companies, pension plans, institutional family offices and funds‐of‐funds.”Founded by former Shamrock Capital Advisors partners Will Wynperle and Alan Resnikoff, Coral Tree Partners is focused on investments in the media, entertainment, marketing services, and communications industries, lower middle market buyouts, and late state growth equity investments. Currently, the Los Angeles-based company has two investments to its name: Loaded, a Santa Monica, Calif.‐based global talent management and marketing firm that works in the gaming influencer market, and Subject Matter, a Washington, D.C.‐based strategic communications, creative content, advertising and government relations firm.Along with Wynperle and Resnikoff, the Coral Tree Partners team includes Mike DiLorenzo, Matt Greenzang and Jake Simons, who have worked with the founders previously, as well as a group of executive advisors comprised of several CEOs, including the former CEOs of Giant Creative, Learfield Sports, MarketCast and Questex.“Our investment experience in our sectors combined with our lower middle market focus differentiates us in the market,” Wynperle said.
Avi Federgreen’s Indiecan Entertainment is launching a genre-focused distribution arm, hot on the heels of releasing Junta Yamaguchi’s time paradox comedy Beyond the Infinite Two Minutes.
EXCLUSIVE: Director Jacques Audiard will helm Emilia Perez, a comedy that will star Argentinian actress Carla Sofia, with talks underway with Selena Gomez and Zoe Saldana.
Wilson Chapman editorVeteran producer Riva Marker has joined production and brand management company Linden Entertainment as CEO of Productions, Variety has learned.An experienced producer of feature films and stage productions, Marker is best known as the co-founder of Nine Stories, an independent production company she established with Jake Gyllenhaal in 2015. Under the Nine Stories banner, she has produced films such as “The Guilty,” “Breaking News in Yuba County,” “The Devil All the Time,” “Joe Bell,” “Relic,” “Wildlife” and “Stronger.”Prior to Nine Stories, notable projects she produced include the Peabody award-winning “Beasts of No Nation” in 2015, and the Oscar-nominated “The Kids Are All Right” in 2010.
EXCLUSIVE: Craig Dorfman’s boutique New York-based management company Frontline Entertainment has been acquired by LA-based management firm Three Six Zero.
Jennifer Maas TV Business WriterCraig Dorfman’s New York-based talent management company Frontline Entertainment has been acquired by Three Six Zero.In acquiring Frontline Entertainment, Three Six Zero is gaining both Dorfman’s clients, including “Bel-Air” star Jabari Banks, and his management team, which will move in-house at the company. As part of the deal, Dorfman has been named a partner at Three Six Zero.Three Six Zero, founded by British businessman Mark Gillespie, has offices in Los Angeles, Miami and London, and represents a variety of talent in the music, film, television and digital content landscape, including Calvin Harris and BloodPop.
Loose Women star Carol McGiffin made one of her biggest pet peeves clear on the ITV show during a debate between the panellists on Tuesday. Carol, 62, was discussing the ideal length for fingernails with co-hosts Katie Piper, Ruth Langsford and Kéllé Bryan, when she revealed that she “can’t stand” a certain style.The presenter said: “Someone who works on this show - mentioning no names - is constantly going…” Katie helpfully demonstrated Carol’s pet peeve by drumming her long fingernails on the glass table top. “Oh my god, that noise!” Carol reacted instantly, flinching away from the “clickety-click” sound.
Brent Lang Executive Editor of Film and MediaCanvas Media Studios and MarVista Entertainment have hammers out a six-film slate deal that will be focused on identifying diverse, first-time and up-and- coming writers and directors.The agreement will involve fully financed completed titles with a pre-buy distribution commitment from MarVista Entertainment, which will also oversee global distribution for all films produced under the partnership.Canvas, a venture capital-backed content company, is led by David Tochterman, an industry vet with stints at Overbrook Entertainment and the Carsey Werner Company. MarVista Entertainment, a division of Fox Entertainment, averages 80 new movies per year.MarVista’s recent projects include the Amazon Prime Video release “Christmas Is Canceled” starring Hayley Orrantia, Dermot Mulroney, and Janel Parrish; “Stay Awake,” starring Chrissy Metz; and the IFC release “Hunter Hunter,” starring Devon Sawa, Nick Stahl, and Camille Sullivan.
Cynthia Littleton Business EditorAtlas Entertainment, which scored a box office hit this year with Sony Pictures’ “Uncharted,” has taken legal action to block a crypto firm from marketing a new coin tied to the movie based on the hit PlayStation video game.Atlas Entertainment insiders were shocked last month to see online references to an “Uncharted” coin with PR materials that referenced Atlas Entertainment, used the company’s logo and even referencing Atlas’ historic movie credits such as “The Dark Knight” and “Wonder Woman.”Last week, Atlas Entertainment attorney Bert Deixler, of Kendall, Brill & Kelly, sent a cease and desist letter to Net Savings Link and Silverbear Capital, two entities cited in the PR materials that alerted Atlas to the unauthorized use of its moniker. Net Savings Link issued a press release on April 6 announcing the launch of the UNCHARTED token, which asserted that “Uncharted is backed by Atlas Digital Entertainment, a subsidiary of Atlas Entertainment.” “This partnership intends to have NSAV and UNCHARTED explore the infinite possibilities of NFT as a creativity infrastructure and to subvert existing content and value sharing models with community co-creation,” the April 6 release stated.The release appears makes a subtle distinction in spelling the token in all capital letters, while references to Atlas use the conventional spelling with only a capital U.
Kourtney Kardashian and Travis Barker are taking over Italy!
Malina Saval Associate Editor, FeaturesTwo esteemed film professors. Two wildly different cities on two different coasts. And countless ways in which both have contributed to the ever-expanding landscape of entertainment education in the United States — and the world over.
Variety Staff Follow Us on TwitterVariety.com, the digital arm of the legendary entertainment trade Variety, scored record-breaking traffic in March 2022. Some 36.9 million unique users visited the site in March, officially making it the biggest month in the brand’s history, according to Comscore.Additionally, March was the seventh consecutive month that Variety placed No.
EXCUSIVE: Greenwich Entertainment said Monday that it has acquired North American distribution rights to Accepted, the feature documentary from The Disunited States of America helmer Dan Chen that played at the 2021 Tribeca Film Festival.
Netflix and Skydance Television have set the cast of the untitled Arnold Schwarzenegger spy adventure series, signing nine actors as series regulars to join Schwarzenegger in his first TV series role, and previously announced female lead Monica Barbaro. The list includes Travis Van Winkle (You), Gabriel Luna, reuniting with Schwarzenegger after starring together in Terminator: Dark Fate, Fortune Feimster (The Mindy Project), Jay Baruchel (This Is the End), Milan Carter (Warped!), Fabiana Udenio (Jane the Virgin), Barbara Eve Harris (Station 19), Aparna Brielle (A.P. Bio) and Andy Buckley (The Office).