Colin Cotter and financial services company Citi are forming a full-service film production and finance company called Continental Entertainment Group (CEG).
CEG will consist of two units, Continental Pictures, a global sales company, and Continental Entertainment Capital (CEC), which will provide film distributors, producers and developers with a full suite of financial services.
Cotter co-founded Initial Entertainment Group with Graham King in 1994. While remaining a partner in IEG, he will serve as president and CEO of Continental Pictures and its parent, CEG. Cotter, who will be based in Los Angeles, plans to acquire the rights to 10-12 films during Continental Pictures' first year of operation.
Benjamin Waisbren, who was managing director at Stark Investments, will head CEC as president and CEO out of New York. D. Jeffrey Andrick, previously of Comerica, has joined CEC as managing director and will run its Los Angeles office.
CEC will offer a wide range of financial products, including equity, structured finance, gap loans, mezzanine financing, P&A funding and debt-replacement loans.
CEG will consist of two units, Continental Pictures, a global sales company, and Continental Entertainment Capital (CEC), which will provide film distributors, producers and developers with a full suite of financial services.
Cotter co-founded Initial Entertainment Group with Graham King in 1994. While remaining a partner in IEG, he will serve as president and CEO of Continental Pictures and its parent, CEG. Cotter, who will be based in Los Angeles, plans to acquire the rights to 10-12 films during Continental Pictures' first year of operation.
Benjamin Waisbren, who was managing director at Stark Investments, will head CEC as president and CEO out of New York. D. Jeffrey Andrick, previously of Comerica, has joined CEC as managing director and will run its Los Angeles office.
CEC will offer a wide range of financial products, including equity, structured finance, gap loans, mezzanine financing, P&A funding and debt-replacement loans.
- 4/19/2007
- The Hollywood Reporter - Movie News
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