FilmNation Entertainment

Last updated
FilmNation Entertainment, LLC
Company type Joint venture
Industry Independent film production and distribution
PredecessorGreeneStreet Films International
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)
  • Ashley Fox
  • (SVP Production)
Products
Services
Owner
Number of employees
40 (2017) [1]
Divisions
  • Studios
  • International
  • Digital Studios
  • Infrared Pictures
Website filmnation.com

FilmNation Entertainment, LLC is an American independent film production, co-financing and international sales company, founded by film executive Glen Basner in 2008.

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

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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