Latest news with #IPR.VC
See - Sada Elbalad
14-03-2025
- Entertainment
- See - Sada Elbalad
Chloë Grace Moretz to Star in Thriller "The Edge Of Normal"
Yara Sameh Chloë Grace Moretz has signed on to star in the serial-killer thriller "The Edge Of Normal", the first English-language feature from director Carlota Pereda (Piggy). The pic was written by Matt Venne (Dexter: Resurrection) with revisions by Lori Evans Taylor (Final Destination: Bloodlines), based on Carla Norton's novel of the same name from St. Martin's Press. The synopsis reads: 'Reeve LeClaire is still haunted from when she was held captive as a teenager by a sadistic man, but when her psychiatrist asks her to mentor a newly rescued survivor, she's pulled into a chilling game of cat-and-mouse—one that threatens to drag her back into the nightmare she barely escaped.' XYZ Films is producing and financing with funding from Vanishing Angle will produce alongside Andrew Deane and Ava Jamshidi for Industry Entertainment. Filming is due to begin this spring. CAA Media Finance co-reps domestic. Grace Moretz will next be seen in Michael Showalter's "Oh What Fun" opposite Michelle Pfeiffer and Felicity Jones for Amazon MGM as well as Joey Powers' "Love Language" opposite Anthony Ramos.
Yahoo
27-02-2025
- Business
- Yahoo
IPR.VC Film, TV Fund Gets $26M Capital Injection From European Investment Bank
The European Investment Fund (EIF) is investing €25 million ($26 million) in a Finnish fund aimed at bolstering movies and TV series 'made predominantly in Europe.' The capital injection is going into film and TV investor alternative investment fund Fund III which now exceeds €100 million ($105 million) for content production. Headquartered in Helsinki and with an office in London, investment fund manager has invested in 'high-quality film and television content' since 2015. It has so far raised €200 million ($210 million) from mainly Nordic professional investors across its three funds and financed more than 50 productions across Europe and beyond. has backed such projects as Alex Garland's Civil War and Matt Johnson's BlackBerry. More from The Hollywood Reporter Killer Billionaires, Generational Poverty and Michael Haneke: Austrian Cinema Takes Center Stage at the Glasgow Film Fest Pedro Almodóvar, Ali Abbasi and More Film Figures Fight Prosecution of Iranian Directors Copenhagen Doc Festival CPH:DOX Unveils Lineup The new investment by the EIF, part of the European Investment Bank Group, comes under a European Commission initiative known as the InvestEU MediaInvest equity investment instrument that aims to mobilize private investors and support total investments in Europe's audiovisual sector of €400 million ($420 million) over the 2022-2027 period. The financial commitment is designed to help Fund III 'attract other financial backers and reach its target size of €120 million ($126 million)' by its closing on March 31, the partners said. 'The goal is to boost investments in a sector that has traditionally faced market obstacles to financing, enabling to offer institutional investors access to media content asset investments.' which says it is the largest independent film and TV investment fund manager operating in Europe, has long-term collaborations with such global production companies as independent studio A24 and XYZ Films and such European studios as France's mk2 Films. 'Rather than the outdated cliché of investing in 'passion projects', this major commitment from the EIF underlines the growing and enduring value of premium film and TV content in Europe and globally,' said Tanu-Matti Tuominen, co-founder of 'Further, it illustrates the fast returns that portfolio diversification … can bring to an investor's alternative investments portfolio.' 'Our investment in Fund III underscores our commitment to fostering innovation and creativity within the European audiovisual sector,' said EIB vp Thomas Östros. 'By supporting this fund, we are enabling European producers to retain intellectual property rights and bring high-quality content to global audiences, strengthening Europe's cultural and creative industries.' Best of The Hollywood Reporter How the Warner Brothers Got Their Film Business Started Meet the World Builders: Hollywood's Top Physical Production Executives of 2023 Men in Blazers, Hollywood's Favorite Soccer Podcast, Aims for a Global Empire Sign in to access your portfolio
