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TOLDJA! David Linde Formalizes Funding And Staff For New Shingle

By | Tuesday May 24, 2011 @ 9:50am PDT
Mike Fleming

Former Universal Pictures co-chairman David Linde has formalized a funding arrangement with Reliance Entertainment and set Tory Metzger to be head of production for his new company, both of which Deadline told you would happen months ago. I still expect the company to be called Lava Bear when all is said and done, but as of now it’s unnamed. Linde has also named Adam Rymer COO. He intends to make one to three movies a year for the next four years. Here’s the release that makes the whole thing official:

Los Angeles, CA – May 24, 2011 – David Linde and Reliance Entertainment jointly announced today the official formation and funding of Linde’s new company, a new platform for film production and financing. Reliance Entertainment is providing the capital to finance the yet unnamed new venture. Working from a global distribution structure combining studio and independent distribution, the company will both produce and finance projects creating a clear “brand” of films designed for the worldwide marketplace.

For nearly two decades, Linde has proven a unique ability to join a singular vision with the intricacies of the domestic and international film marketplace. The new entity is specifically designed to take advantage of Linde’s experience in successfully bridging studio and independent production and distribution while managing and building both existing and start-up companies.

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Tory Metzger Nearing Deal To Head Production For David Linde’s Lava Bear

By | Thursday January 20, 2011 @ 5:30pm PST
Mike Fleming

EXCLUSIVE: Tory Metzger is ready to jump back into the production game. Metzger, one of CAA’s top talent agents when she left the agency in 2008 to run production for Media Rights Capital, is in talks to steer creative and production for David Linde’s Lava Bear. That’s the global platform for film production, financing and distribution that the former Universal Pictures chief is getting off the ground with discussions for a first-look Universal deal and a relationship with Reliance ADA. Metzger left Media Rights Capital last summer. She and Linde have a long relationship working on high profile films  both while she was at CAA and MRC. All sides declined comment.

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MRC Poaches Tory Metzger From CAA

EXCLUSIVE: Tory Metzger, one of the top motion picture agents at CAA, is leaving to head up the film division at Media Rights Capital, the leading independent film, television and digital studio and financing arm. At CAA, Metzger represented Tom Cruise, Ang Lee, Cameron Crowe, Spike Jonze, Michael Shamberg, Stacey Sher, Peter Hedges, Callie Khouri, Nicole Holofcener, James Shamus, John Wells, Danny DeVito. Metzger began her career in Hollywood as a development executive and then joined United Talent Agency for two years before moving to CAA in 1992. Needless to say, there’s now a feeding frenzy among rival tenpercenteries for her clients, but CAA does already have teams in place. MRC is owned by advertising agency WPP, AT&T, Goldman Sachs and Endeavor agency, one of CAA’s strongest rivals. Though Endeavor has only a small ownership position, it’s perceived to have big ties to MRC, whose co-CEO Modi Wiczyk is a former Endeavor agent.

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