FilmNation Entertainment

Last updated
FilmNation Entertainment, LLC
Company type Joint venture
Industry Independent film production and distribution
Founded2008;16 years ago (2008)
FounderGlen Basner
Headquarters150 West 22nd Street
9th Floor
New York City, New York 10017
United States
Key people
Glen Basner (CEO]])|Milan Popelka (COO)|
Products
Services
Owner
Number of employees
40 (2017) [1]
Divisions
  • Studios
  • International
  • Digital Studios
  • Infrared Pictures
Website filmnation.com

FilmNation Entertainment, LLC is a leading independent entertainment company, focused on the production, financing, and distribution of premium content. Since being founded in 2008, the company has grown from its roots in independent film and established itself as a home for specialty storytelling with global appeal by focusing on a highly selective group of projects that emphasize both creative integrity and commercial appeal.

Contents

History

2008–2012: Founding

FilmNation Entertainment is an independent film production and distribution company founded in 2008 by Glen Basner with funding from real estate developer Steven Samuels. Initially, the company was a foreign sales firm, selling distribution right in various international markets. [1]

2012–2018: Early growth

In 2012, FilmNation produced its first film, Mud , which competed at the Cannes Film Festival. [2] On November 6, 2013, FilmNation Entertainment became part of the American Film Market for the first time. [3] In December 2014, Village Roadshow invested $18 million for 33% stake in the company to make film production a regular part of operations. [1] With growing success, the Los Angeles Times labeled FilmNation as "the emerging Oscar powerhouse you've never heard of." [1]

2018–present: Expansion

In April 2018, FilmNation agreed to a $120 million revolving multi-bank credit facility with Bank of America Merrill Lynch and co-led by MUFG Union Bank. [4] The funds would be used to give films larger budgets, take on additional films and enter the TV film, theater, digital and VR content markets plus other strategic investment areas. [5]

In early 2019, FilmNation and Nordic Entertainment Group formed a television joint venture based in the United Kingdom that will operate under the FilmNation name. [6] Nordic Entertainment Group will have first option on exclusive distribution rights to all of the joint venture's productions in the Nordic countries. [6] FilmNation hired TV vet Kirstie Macdonald to spearhead the London division. [7]

Filmography

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

Upcoming

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References

  1. 1 2 3 4 Zeitchik, Steven (February 23, 2017). "FilmNation, the emerging Oscar powerhouse you've never heard of". Los Angeles Times. Retrieved October 4, 2018.
  2. McClintock, Pamela (2012-05-18). "Cannes 2012: FilmNation CEO Glen Basner on 'Lawless,' 'Mud' and His Secret to Success (Q&A)". The Hollywood Reporter. Retrieved 2021-05-07.
  3. McNary, Dave (November 7, 2013). "AFM: Woody Allen, Bill Condon Pics on FilmNation's Block". Variety. Retrieved October 4, 2018.
  4. McNary, Dave (2018-04-18). "Cannes: FilmNation Closes $120 Million Revolving Credit Facility". Variety. Retrieved 2021-05-07.
  5. Hipes, Patrick (April 18, 2018). "FilmNation Closes Deal On $120M In New Financing". Deadline. Retrieved October 4, 2018.
  6. 1 2 "FilmNation, NENT Launch UK-Based TV Joint Venture". filmnation.com. Retrieved 25 March 2019.
  7. Grater, Tom (2019-09-25). "FilmNation, Nordic Entertainment Group Hire Kirstie Macdonald To Run London TV Venture". Deadline. Retrieved 2021-05-07.
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