Berlin: Participant Media, Doha Film Institute Launch Five-Year $100M Feature Film Fund

LOS ANGELES /BERLIN/DOHA– February 13, 2013 – Participant Media, the leading provider of entertainment that inspires and accelerates change, known for such critically acclaimed and commercially successful films as An Inconvenient Truth, Food, Inc., The Help, The Best Exotic Marigold Hotel and Steven Spielberg’s Lincoln, and Doha Film Institute (DFI), a leading cultural organization established to support the growth of a sustainable film industry in Qatar and the Middle East, and backer of critically-acclaimed films such as The Reluctant Fundamentalist, Where Do We Go Now, May in the Summer, and Just Like a Woman, have formed a $100 million revolving fund to finance a slate of feature films, it was announced today by Jim Berk, CEO of Participant Media, and Abdulaziz Al-Khater, CEO of Doha Film Institute. The five year revolving fund provides production and development funding for 12-16 feature films, with Participant and DFI working in collaboration to develop the films as well as oversee production and arrange worldwide distribution.

In addition to the Film Fund, Participant and DFI are exploring a joint venture to create content for Participant’s new television channel, launching in August; establishment of a distribution outlet for DFI’s film production through Participant’s media interests in the US and other territories; creation of an Arabic version of TakePart.com, Participant’s on-line division and Social Action Network to jointly create Middle-Eastern based content in Arabic and English for distribution around the world; and establishment of a Middle East branch of Participant to be based at DFI’s Qatar headquarters. (more…)

This article was printed from https://deadline.com/2013/02/participant-media-doha-film-institute-launch-five-year-100m-feature-film-fund-429298/