Connect with IMDb

1 item from 2004

Exodus sets off on $50 mil fund

18 March 2004 | The Hollywood Reporter - Movie News | See recent The Hollywood Reporter - Movie News news »

Los Angeles-based production company Exodus Film Group is venturing into the film funds market with the launch of a $50 million private placement. Offering 5,000 units priced at $10,000 apiece, the fund's money will be assigned to three in-house projects. Topping the slate is Igor, a $20 million CGI project about Dr. Frankenstein's hunchbacked lab assistant. "Igor is a huge figure, but never has the story been told from his perspective," said Exodus president John D. Eraklis, who co-founded Exodus Entertainment Group three years ago, following a 10-year stint in film financing, sales and acquisitions. Eraklis was most recently head of acquisitions and distribution at Galaxy Pictures. 55 Holly Star is a Capra-esque tale of a down-on-his-luck executive who, rather than getting what he wants, gets what he needs. The $10 million project will be directed by Michael A. Nickles (Desert Winds). »

Permalink | Report a problem

1 item from 2004, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.

See our NewsDesk partners