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3 items from 2013

Hollywood’s New Leaders: Legal and Finance

23 October 2013 8:00 AM, PDT | Variety - Film News | See recent Variety - Film News news »

1. Jason Feuerstein, 34

VP of Entertainment Finance, Union Bank

Feuerstein is relationship manager for FilmNation, Gaumont Intl. Television, Annapurna, Gold Circle and Weinstein Co. He’s already executed more than $1 billion in commitments, including $45 million for a StudioCanal co-finance, $300 million for the Beverly 2 finance fund and $300 million for Weinstein. He also led a number of syndicated loan transactions. Prior to Union, he worked in production and development.

2. Christopher Spicer, 34

Partner, Akin Gump Strauss

Hauer & Feld

Spicer was involved in the $1 billion-plus financings for Comerica, Union Bank, Endgame, East West Bank and other financiers on multiple, single-project loans for such global franchises as “Twilight” and “The Hunger Games.” He also repped Media Rights Capital in connection with a five-year senior secured $350 million revolving credit facility with J.P. Morgan.

See Also: Hollywood’s New Leaders: Agents, Creatives, Digital, Execs, Assistants, More

3. Sarah Fergusson Chambless, 32

Associate, entertainment, Manatt, Phelps & Phillips

The former teacher focuses on startup company formation, »

- Variety Staff

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23 October 2013 8:00 AM, PDT | Variety - TV News | See recent Variety - TV News news »


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FilmNation Sets $50 Million Credit Facility

7 May 2013 11:41 AM, PDT | Variety - Film News | See recent Variety - Film News news »

Aiming to increase production, FilmNation Entertainment has obtained $50 million in additional capital via an equity-backed revolving credit facility with Bank Of America Merrill Lynch and Union Bank.

The announcement comes a week ahead of the opening of Cannes, where FilmNation is premiering a trio of titles — Alexander Payne’s “Nebraska” in competition, Sofia Coppola’s “The Bling Ring” opening Un Certain Regard and J.C. Chandor’s “All Is Lost” (pictured) screening out of competition.

The five-year-old sales-financing-production company said the additional funds are in line with its long-term growth strategy. It noted that it recently acquired the majority of worldwide rights to David Michod’s “The Rover,” starring Guy Pearce and Robert Pattinson, and is co-financing Nic Mathieu’s “Story of Your Life” with Lava Bear Films.

FilmNation pointed out in the announcement that the funds come at a time when major studios are devoting increasing resources to tentpole fare, »

- Dave McNary

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