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LOS ANGELES, CA (May 17, 2013) – It was announced today that independent film producers Cassian Elwes and Robert Ogden Barnum have launched e2b Capital, a new entertainment company for independent filmmakers and financiers seeking financing and global distribution expertise.
Elwes and Barnum will serve as co-heads of the Los Angeles-based operation. Backed by a growing group of financiers, e2b will arrange financing for
commercially viable, fiscally responsible independent films. Working collaboratively with producers, talent agencies and foreign sales companies, e2b offers equity, gap and debt solutions through strategic partnerships, in addition to bringing strong relationships in the global marketplace. e2b expects to work on 10-12 films annually. READ MORE »
Cannes: Cassian Elwes, Robert Ogden Barnum Launch e2b Capital
New Law Could Boost Crowdsourcing As Viable Film Finance Option: Panel
David Bloom is a Deadline contributor.
Crowdfunding websites such as Kickstarter and Indiegogo so far have been only moderately useful for most independent filmmakers trying to finance their next movie, but that could change significantly under the federal JOBS Act passed earlier this year, said members of a panel at the Digital Hollywood conference, which wraps today in Marina del Rey.
Under previous rules, crowdsourcing sites couldn’t offer equity stakes to contributors. Instead they receive modest tokens of appreciation such as T-shirts or tickets to screenings — in other words, they get nothing more than the satisfaction of helping a movie get started. The new law will allow intermediaries such as crowdsourcing sites to sell members modest equity stakes in films, up to $10,000 or 10% of each user’s income. The project must set a fundraising goal and if it doesn’t raise at least 60% of that, no money would change hands. “There are many more opportunities to come and we’re just seeing the start of this,” said Keri Putnam, executive director of the Sundance Institute, which has raised $3 million on behalf of 85 films through Kickstarter. The SEC is currently establishing regulations under the new law. Read More »
Cassian Elwes Preps Herzog’s ‘Queen Of The Desert’; Weinstein Selling ‘Bodies’
EXCLUSIVE: Wind and rain have been sweeping the Croisette but Cassian Elwes says, “I feel like I’m on fire.” The former WMA head of independent film who’s now producing and packaging indies has skin in the game in Cannes with … Read More »
Cassian Elwes And Mark Burg Start Evolution Independent To Fund Films
EXCLUSIVE: Cassian Elwes, who two years ago transitioned from WMA independent film head to producer and packager of indies, has made a partnership deal with Evolution Entertainment. Elwes and Evolution principal Mark Burg will team for Evolution Independent. While Evolution … Read More »
Freestyle To Release Sarah Palin Doc ‘You Betcha!’
Days before its world premiere at the Toronto Film Festival, Nick Broomfield’s hot-button expose documentary Sarah Palin: You Betcha! has been acquired by Freestyle Releasing. The plan is to open in New York and Los Angeles on Sept. 30 and … Read More »
CANNES: Weinstein Company Near Deal For ‘Wettest County’ While Distribs Fret Over Buying Pics Sight-Unseen
EXCLUSIVE: The Weinstein Company, already on a Cannes acquisition spree, has emerged as the clear frontrunner for domestic distribution rights on The Wettest County in the World, after another all-night bargaining session between Harvey Weinstein’s acquisition team and CAA. I’m … Read More »
Sundance: Anchor Bay Acquires Dito Montiel’s ‘The Son Of No One’
EXCLUSIVE: Anchor Bay has acquired U.S. distribution rights to the Dito Montiel-directed cop drama The Son Of No One, which was the 2011 Sundance Film Festival’s final premiere last Friday. I’m told the deal was in the $2 million minimum … Read More »
Sundance: ‘Son Of No One’ Sales Agent Cries Foul Over Trade’s Hatchet Job
Cassian Elwes, who’s selling distribution rights to Dito Montiel’s The Son of No One, is crying foul over a barbed trade story about the film’s first Sundance screening. The piece reported that a multitude of buyers were in attendance, and … Read More »
Sundance: ‘Margin Call’ To Roadside Attractions And Lionsgate
The JC Chandor-directed drama Margin Call sold to Roadside Attractions and Lionsgate after an all night bargaining session. The film stars Kevin Spacey, Paul Bettany, Jeremy Irons, Zachary Quinto, Penn Badgley, Simon Baker, Mary McDonnell and Stanley Tucci. That cast … Read More »
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