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Waiting... (2005/I) More at IMDbPro »


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1 item from 2006


Louisiana gets huge LIFT with film-financing deal

15 September 2006 | The Hollywood Reporter | See recent The Hollywood Reporter news »

Los Angeles-based Element Films and New Orleans-based LIFT Films are partnering to create a fund that will bring a series of film productions to Louisiana over the next three years. The companies have entered a production-financing agreement that will allow for the development and funding of a slate of films to be shot exclusively in the state. The deal calls for a minimum of eight films and as many as 15 and could bring to Louisiana more than $200 million worth of productions. The projects also will take advantage of Louisiana's aggressive film incentives. Element, run by CEO Sam Nazarian and president Adam Rosenfelt, has financed and produced several films in the state with LIFT, including Waiting, starring Ryan Reynolds, and is a partner in LA Squared, a Louisiana-based film fund that is a combination of private equity, public financing, bank debt and Louisiana state tax credits. LIFT Films is a partnership between LIFT Prods., Louisiana's largest film and television production studio, and Bart Prods., formed by Louisiana attorney and producer Morris Bart. »

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