LA-based sales company and distributor Blue Fox Entertainment has acquired Crossroad Lending and formed digital film financing hub Blue Fox Financing.
Patrick Rizzotti developed and created Crossroad Lending services to connect filmmakers with a database of film and television lenders and equity financiers and was designed with producers in need of cashflow for films gearing up for production and financial institutions and individual investors in need of low-risk lending sources.
Blue Fox Financing will focus on US tax credit loans, gap/supergap loans, US minimum guarantees and/or foreign pre-sales and estimates.
Huntsman, who launched Blue Fox Entertainment in 2015, said while Blue Fox Financing was “a natural extension” of his company’s sales and distribution business it would be run as a stand-alone company overseen by Rizzotti.
The latter also founded Crossroad Productions and his feature film credits include Pride starring Terrence Howard, the Collector horror franchise, and psychological thriller The Super with Val Kilmer.
Read more…
Recommended articles
Buy now, pay later: 4 things a finance expert wants you to knowBuy now, pay later plans are everywhere.Retailers from Apple to Nike to Banana Republic are offering the delayed payment option. The plans have soared in popularity, especially among young people. One...(read more)
SCOTUS shakes up the campaign finance world- POLITICO3 BIG STORIES YOU SHOULD BE AWARE OF TODAY …1. DEPRESSING MILESTONE — Today, the U.S. officially surpassed 1 million Covid deaths since the start of the pandemic. AP’s Carla Johnson puts the devastati...(read more)
AUXLY REPORTS Q1 2022 FINANCIAL RESULTSTORONTO, May 16, 2022 /CNW/ - Auxly Cannabis Group Inc. (TSX: XLY) (OTCQX: CBWTF) ("Auxly" or the "Company") today released its financial results for the three months ended March 31, 2022. These filin...(read more)
Giant CCS plan in East Timor could help secure finance for Sunrise LNGAs the world seeks to decarbonise, East Timor expects that a plan for a giant carbon capture and storage (CCS) hub will help it find financial backing for a proposed liquefied natural gas (LNG) facili...(read more)
Economists sound the alarm over UK’s post-Brexit finance plansA view of the London skyline shows the City of London financial district, seen from St Paul's Cathedral in London, Britain February 25, 2017. REUTERS/Neil Hall/File Photo/File PhotoRegister now for FR...(read more)