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Business Standard
23-05-2025
- Business
- Business Standard
New Australia-India Film Finance & Production Venture Announced at Cannes to Fund Upcoming Feature Slate
VMPL New Delhi [India], May 23: A new Australian finance and production entity, Southern Sitara, was announced at Cannes today to fund and produce a slate of Australian-Indian feature films. Founded by investment and strategy duo Roshni Pandey and Jagdish Sidhu--who manage a portfolio across Southeast Asia, London, and Australia--Southern Sitara will co-produce with award-winning production company TEMPLE, based at Disney Studios Australia in Sydney. Conceived by filmmaker Anupam Sharma (who previously triggered the Australia India Film Fund), Southern Sitara will provide development funding, production investment, gap financing, and cash flow loans for eligible projects. Targeting films with budgets between AUD 5-11 million, it uses a hybrid capital model combining proprietary funds with co-raised capital, offering structured financing and short to mid-term working capital solutions. Encouraged by the India-Australia co-production treaty and local incentives, the initiative is supported by prominent Indian diaspora figures in Australia. These include Drs Pradnya and Tej Dugal (Maasa, Farewell Amor) via Jhumka Films; London based international media investor Jacqui Miller-Charlton (MBE); Sydney-based investor Dr Chandru Tolani; and angel investor Shallu Kundra--all with prior investment in the Australia-India film space. Southern Sitara has secured first-look distribution deals with ICON Film for English-language releases and Forum Films for Indian-language titles. Legal counsel is Janine Pearce of JP Media Law. Communications will be led by Victoria Buchan of The Lantern Group, with Hema Upadhya handling PR in India. The group has also onboarded a strong lineup of Australian producers and creatives for executive and key creative roles, including Lisa Duff (Last Cab to Darwin), Jannine Barnes (Downriver), Cathy Rodda (Bromley - Light After Dark), Victoria McIntyre Wharfe (The Flood), Ben Ulm (Shark Tank Australia), and First Nations producer Jodie Bell (Doug the Human). Sidhu will oversee finance and compliance, Pandey will lead strategy and investor relations, and Sharma will serve as the creative face of Southern Sitara. Speaking from Cannes, Sharma said: "Australia provides unprecedented support to screen professionals. Southern Sitara builds on this to enable authentic cultural storytelling." From the Gold Coast, Pandey added: "We've been piloting business models to de-risk film investment, and Australia's treaties and incentives have helped us transform the narrative." Sidhu from Singapore said: "Australia's production incentives and treaties offer a uniquely de-risked path to global film investment, aligning with our focus on compliance and strong ROI." The first projects include Anupam Kher's directorial thriller, shot extensively in Australia, and Shadows, a horror film blending First Nations and Indian mythologies. Also on the slate is The Indian Cowboy - a story inspired by India's only country music singer Bobby Cash, who was discovered in Australia. Southern Sitara will also raise investment funds for a slate including Richard Jameson's Bidjara Kumari, which has had development investment from Screen Australia and Screen Queensland; FRAMED, which is being developed with assistance from Screen Australia, Screen NSW, and SBS, and Dr Sanjaya Senanayake's Chilli Chicks and Heart Attacks, written by Victoria McIntyre and developed with assistance from Screen Canberra.
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First Post
22-05-2025
- Entertainment
- First Post
Cannes 2025: How Australian finance and production entity Southern Sitara is abridging the cinematic gap between India and Australia, to present Anupam Kher's new film 'The Return'
This is to aim at a co-production treaty and co-raised investment. One of the projects includes a film called The Return, starring Anupam Kher read more Over the last few years, Cannes has become a festival more about fashion than films. This year, we had the likes of Aishwarya Rai and Aditi Rao Hydari flaunting their gorgeous dresses and making style statements. But it was as much about cinema. The one film that has made the maximum noise is Neeraj Ghaywan's Homebound, starring Ishaan Khatter, Janhvi Kapoor, and Vishal Jethwa. It received a nine-minute standing ovation. And there's another attempt that has happened at Cannes this year, and it's to abridge the cinematic gap between India and Australia. It has been done by the Australian financial entity Southern Sitara. This was unveiled at the ongoing festival. STORY CONTINUES BELOW THIS AD This is to aim at a co-production treaty and co-raised investment. One of the projects includes a film called The Return, starring Anupam Kher. It is founded by Roshni Pandey and Jagdish Sidhu who manage a portfolio across Southeast Asia, London, and Australia—Southern Sitara will also co-produce with award-winning production company TEMPLE, based at Disney Studios Australia in Sydney. The initiative is conceived by filmmaker Anupam Sharma and he was quoted saying, 'Australia provides unprecedented support to screen professionals. Southern Sitara builds on this to enable authentic cultural storytelling.' Pandey added, 'We've been piloting business models to de-risk film investment, and Australia's treaties and incentives have helped us transform the narrative.'
Associated Press
19-05-2025
- Business
- Associated Press
Janus International Announces Jason Williams as President, Janus International Group LLC ('Janus Core')
TEMPLE, Ga.--(BUSINESS WIRE)--May 19, 2025-- Janus International Group, Inc. (NYSE: JBI) ('Janus' or the 'Company'), a leading provider of access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced the appointment of Jason Williams as President of Janus International Group, LLC (' Janus Core '). He will report directly to Janus's Chief Executive Officer, Ramey Jackson. Mr. Williams will be responsible for the Janus Core strategy including oversight of sales, marketing, financial performance, and product development for the self-storage and commercial door and hallway business. Jason brings over 15 years of experience in leading and growing businesses in the access control space. Jason joined Janus from Fortune Brands Innovations (NYSE: FBIN) where he was President of the Security business unit following the Yale and August acquisition from ASSA ABLOY (STO: ASSA-B). Prior to that, he served as the President of Smart Residential for ASSA ABLOY leading the business since the inception of its first smart lock in 2011. Mr. Jackson commented, 'Jason has an impressive background at technologically advanced industrial companies and brings a wealth of knowledge and experience in leading cross-functioning teams. We look forward to his contributions as we continue to build the Janus Core business.' Mr. Williams stated, 'I am excited to join the Janus team and am grateful for the opportunity to lead Janus Core to continue building out industry-leading offerings and solutions across the self-storage and commercial markets. I also look forward to partnering with the talented Janus leadership team as we work to achieve our financial objectives.' About Janus International Group Janus International Group, Inc. ( ) is a leading global manufacturer and supplier of turn-key self-storage, commercial and industrial building solutions, including roll-up and swing doors, hallway systems, relocatable storage units and facility and door automation technologies. The Janus team operates out of several U.S. and international locations. Forward-Looking Statements Certain statements in this communication may be considered 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this communication are forward-looking statements, including, but not limited to statements regarding Janus's positioning in the industry, Janus's ability to strengthen its pipeline and deliver on its objectives, the anticipated impact of this appointment, and Janus's belief regarding the demand outlook for Janus's products and the strength of the industrials markets. When used in this communication, words such as 'plan,' 'believe,' 'expect,' 'anticipate,' 'intend,' 'outlook,' 'estimate,' 'forecast,' 'project,' 'continue,' 'could,' 'may,' 'might,' 'possible,' 'potential,' 'predict,' 'should,' 'would,' and other similar words and expressions or the negative of such terms or other similar expressions, as they relate to the management team, identify forward-looking statements. The forward-looking statements contained in this communication are based on our current expectations and beliefs concerning future developments and their potential effects on us. We cannot assure you that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Some factors that could cause actual results to differ materially from forward-looking statements or historical performance: (i) risks of the self-storage industry; (ii) the highly competitive nature of the self-storage industry and Janus's ability to compete therein; (iii) litigation, complaints, and/or adverse publicity; (iv) cyber incidents or directed attacks that could result in information theft, data corruption, operational disruption, and/or financial loss; (v) the risk that our share repurchase program will be fully consummated or that it will enhance shareholder value; and (vi) the risk that the demand outlook for Janus's products may not be as strong as anticipated. There can be no assurance that the events, results, or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and Janus is not under any obligation and expressly disclaims any obligation, to update, alter, or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. This communication is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in Janus and is not intended to form the basis of an investment decision in Janus. All subsequent written and oral forward-looking statements concerning Janus or other matters and attributable to Janus or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above and under the heading 'Risk Factors' in Janus's most recently filed Annual Report on Form 10-K and Quarterly Report on Form 10-Q, as updated from time to time in amendments and its subsequent filings with the SEC. View source version on CONTACT: Investor Contact Sara Macioch Senior Director, Investor Relations (770) 562-6399 [email protected] Contact Suzanne Reitz Vice President of Marketing 770-746-9576 [email protected] KEYWORD: UNITED STATES NORTH AMERICA GEORGIA INDUSTRY KEYWORD: OTHER CONSTRUCTION & PROPERTY MANUFACTURING COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY BUILDING SYSTEMS OTHER MANUFACTURING SOURCE: Janus International Group, Inc. Copyright Business Wire 2025. PUB: 05/19/2025 06:55 AM/DISC: 05/19/2025 06:54 AM
