EXCLUSIVE: Film financier and producer Demian Gregory, who earlier this year acquired the rights to the classic Italian novel The Leopard, is starting up a new film production company called Aristocracy Group, which is said to be a consortium of media companies specializing in production and financing of filmed entertainment. The company will maintain offices in London and Los Angeles with plans to produce up to six commercially driven films a year in the $6M to $30M budget range. The new company expects to have a presence next month at the Toronto International Film Festival.
Aristocracy Group will provide financing for film and TV productions in the form of equity investments, senior and junior debt, incorporating mezzanine, as well as short-term lending for pre-production and development, they say.
Composite Media Capital, a specialist U.S.-based financing outfit partly-owned by Gregory, plans to disperse up to $30M of structured equity financing in its first year to Aristocracy’s slate, for an aggregate production spend in excess of what they say is $80M.