International Film Finance Associates to invest $50 million in 2010 film slate


MUMBAI: International Film Finance Associates unveiled its initial slate of motion pictures for 2010.


International Film Finance Associates is currently meeting with private financiers, investment bankers and funds in Europe and Russia to secure $50 million for this slate.


The films selected for financing are: Nunber 13, Dali, Foolproof, The Prince of Providence, Lombardi and Recoil. All of these films are in development, with principal photography to begin in the summer or fall of 2010 and an anticipated theatrical release date in 2011.


International Film Finance chairman Stephen Kerr said, “The seismic shift in world finance has created an opportunity for emerging financial markets like India, Russia and China to take a leading role in motion picture financing. Our firm has spent months carefully selecting these six film projects to be included in our initial offering. We are looking forward to our meetings in Moscow next month and discussing these great films.”