eOne Launches $100 Million Film Acquisition Fund

Variety

LONDON — Entertainment One Films Intl. has established a $100 million film acquisition fund to support its new president, Harold van Lier, and his division’s recently unveiled growth strategy.

The division’s new integrated financing structure will see it secure worldwide rights on a series of premium commercial films in the coming years.

With the new acquisition fund in place, eOne will be able to offer producers a substantial investment in their films, and positions the company to secure wide-appeal commercial titles for both direct and international distribution.

eOne Films Intl.’s strengthened partnership potential has also been reinforced by the successful negotiation of production financing from City National Bank and OneWest Bank for projects into which eOne Films Intl. significantly invests.

Van Lier (below) said: “The acquisition fund is a game-changing resource for our division and will support our new strategy to get our hands on the most sought-after films in the earliest stages.

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He added, “eOne’s amassed ability to offer content creators a major financial contribution towards their projects, broad international expertise and access to the most robust international infrastructure is absolutely unmatched.”

eOne’s sales slate includes “The F Word,” starring Daniel Radcliffe, Atom Egoyan’s “The Captive,” Matt Shakman’s “Cut Bank,” starring Liam Hemsworth, and David Cronenberg’s “Maps to the Stars,” starring Julianne Moore and John Cusack.

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