Jeff Sagansky Launches Hemisphere Capital Management To Stake Feature Film Slate

BREAKING: An announcement just went out that Jean-Luc De Fanti, Jeff Sagansky and Eli Baker have launched the Hemisphere Tentpole Co-Financing Fund, a revolving equity and debt fund that intends to co-finance 12-16 films over a four- to five-year period. They start with last weekend’s The Smurfs, and the upcoming The Adventures of Tin Tin, Men In Black 3 and World War Z. My colleague Nikki Finke broke most of this stuff last week, when she wrote that Sagansky, De Fanti and Baker’s Winchester was behind the co-financing effort. They are simply calling it by another name. The new wrinkle is World War Z, the Brad Pitt zombie movie. Paramount insiders said there was another financing entity besides the studio and David Ellison’s Skydance that got the $125 million movie moving, but they wouldn’t reveal the funding source. Obviously is was Hemisphere. Here’s the official release: (more…)

This article was printed from https://deadline.com/2011/08/jeff-sagansky-launches-hemisphere-capital-management-to-stake-feature-film-slate-152715/