Rob Reiner’s Castle Rock Relaunches Film Unit With $175 Million Production Fund

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Castle Rock Entertainment, which was co-founded by Oscar-nominated filmmaker Rob Reiner, is relaunching its feature division with a $175M film fund under which the studio will develop, produce and finance quality movies for global audiences.

Reiner’s wife, Michele, will serve as co-president with Matthew George, who previously collaborated with the Reiners on the films “Shock and Awe” and “LBJ.” The studio will start with a $175 million film fund fueled by equity investors and entertainment banks. David Oliver of CIT Bank, N.A, who will act as administrative agent, structured the senior debt facility with Daisy Stall of California Bank &Trust.“I couldn’t be more thrilled,” Rob Reiner said in a statement.

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