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| Company type | Joint venture |
|---|---|
| Industry | Film industry, Independent film production and distribution |
| Founded | 2008 |
| Founder | Glen Basner |
| Headquarters | 150 West 22nd Street 9th Floor New York City, New York 10017 United States |
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Number of employees | 40 (2017) [1] |
| Website | filmnation |
FilmNation Entertainment, LLC is an American entertainment company focused on film production, financing, and distribution.
FilmNation Entertainment is an independent film production and distribution company co-founded in 2008 by Glen Basner and Steven Samuels. Initially, the company was a foreign sales firm, selling distribution right in various international markets. [1]
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]
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 Kirstie Macdonald to spearhead the London division. [7]
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