Gene Simmons Launches Production Company With Arclight Films Chairman Gary Hamilton, Renny Harlin Shark Thriller Set as First Project
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. The focus is to build a feature film production company, targeting original theatrical product that can be developed into franchise properties.