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Musivision Films
Musivision Films is an artist driven, full service film and music production company located in Montreal Canada. Founded in 2006 by Laurie Gordon, president of Musivision is a boutique production house working with icons of the animation world; animator Oscar nominee Ryan Larkin and Oscar winner Co Hoedeman and three time Oscar nominee cult film Heavy Metal director Gerald Potterton. Laurie is also the director of The Montreal International Animation Film Festival (MIAFF) sometimes referred to as Animaze. Musivision produced documentary film Ryan’s Renaissance (available in French and English versions) began production with partner CTV BelllMedia and broadcast on Bravo. MusiVision is currently in development with animation and feature films, including I Spy My Father about Laurie enigmatic father and a feature documentary film on animation director London born Gerald Potterton his short film High Flight. Please email laurie [at] musivision [dot] ca OR musivisionfilms [at] gmail [dot] com for more information. Musivision is working on brand new film projects for 2018. Watch this space.
Film Financing in death spiral - Sony's co-financing lifeline LStar says soyanaraFilmtake.com reports Sony’s co-financing partner, LStar Capital, informed the studio at the last minute that they would no longer invest in their slate.LStar was scheduled to forward $50 million to Sony Pictures, but the company exercised an option to withdraw from the agreement on the day before funds were due on the studio’s latest animation feature, The Emoji Movie. Additional films avoided by LStar’s early exit include Flatliners, Hotel Transylvania 3, and Peter Rabbit. Institutional investors are currently reviewing LStar’s ownership interest in Sony’s film library for a potential buyout. However, with a portfolio of underperforming films and ongoing marketing and overhead expenses, it’s unclear why any investor would consider a buyout. Thumb On The ScaleIn 2014, LStar committed $200 million in slate financing to Sony, but typical of studio financing; Sony had the choice of which projects were to use LStar’s funds. Not surprising, popular titles were fully-financed by Sony, while inevitable bombs, such as The Brothers Grimsby and Aloha were co-financed. This strategy is as old as Hollywood, and the reason why Paramount Pictures and Elliot Management parted ways and spent years in litigation over the Melrose investment vehicles. New Money DisappearsHollywood’s problems were seemingly solved when several China-based firms announced sizable investments in multiple studios. However, now that several deals are falling apart amid tighter capital controls and a mounting debt crisis, the industry is in dire straits. Several billionaires, including Australia’s James Packer, have recently called it quits on their film financing ambitions. Less publicized exits by private equity groups and banks are slowing production on mid-level independent and studio projects alike. It’s becoming clear that new capital sources are drying up and existing investors are fleeing in droves. Without vast changes in slate financing structures, Sony and Paramount face uncertain futures. Village Roadshow, another co-financier of Sony, just announced a massive reduction in film financing. Media Rights Capital stands as Sony’s last meaningful capital partner – for how long is anyone’s guess.
http://www.filmtake.com/finance/hollywood-financing-broke/ 03.08.2017 | Musivision Films's blog Cat. : co-production Film Financing funds LStar Sony FILM
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