2 items from 2017
Is there a business in microbudget filmmaking? The question is begged by the title of an upcoming class at the Ifp’s Made in New York Media Center titled, yes, “The Business of Microbudget Filmmaking.” The program copy reads: In this class, you will learn proven, cost-effective filmmaking and business techniques for producing a $50,000 (or less!) film project. We’ll go step-by-step through the filmmaking process to discover tips and tricks for developing, planning, producing, and distributing a microbudget film. The class — a two-parter taking place February 13 and 20 — is taught by filmmaker Paul Harrill, which is itself […] »
- Scott Macaulay
Under its new ownership, Revolution will continue to operate as a standalone business led by chief executive officer Vince Totino and chief operating officer Scott Hemming, who now also serves as president.
The Fortress companies bought Revolution in June, 2014, for an estimated $250 million. Since then, the company acquired rights to 80 additional feature films, produced “xXx: Return of Xander Cage,” and secured deals to exploit the company’s library. The sale of Revolution was part of a plan to recapitalize Revolution — which had stopped film production in 2007 — and position it for growth.
Joe Roth founded Revolution in 2000 as a strategic partnership with Starz Entertainment, Sony Pictures, and 20th Century Fox. The company was never able to deliver a blockbuster hit and was better known for disappointments such as “Gigli” and “Hollywood Homicide.” »
- Dave McNary
2 items from 2017
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