Hollywood has some new money making waves in film financing. The pandemic has put studios in a bind. They need money to make movies, but their budgets keep getting larger and larger. Insurance against coronavirus is pricey, and to cover those kinds of costs, Hollywood is taking on new investors. These are people who can put up the cash to finish certain projects and, in return, receive a percentage of the profits and producing credit. Who are these people? People like Brian Oliver, a now Academy Award-nominated producer who just struck a $200-million deal with Paramount Pictures to fund up to a quarter of the budget on 10 movies, including Top Gun: Maverick. In exchange for him being the money man, he will share in any profits or losses from the movies. He is also paying for Coming to America 2 and the Mission: Impossible sequels. He has now founded a company called New Republic Pictures, to oversee these films. Read More...
Published By: NoFilmSchool - Wednesday, 30 September, 2020