Cannes: Siren Studios & The Solution Launch $50M Fund; ‘Laggies’ Tapped As First Project

Laggies is the dark comedy directed by Lynne Shelton that now has Keira Knightley attached alongside Chloe Moretz and Sam Rockwell. Also getting some of this first cash is the John Travola heist pic The Forger that Solution is producing and co-financing with Code Entertainment. Here’s the release announcing the new fund, which is the latest tie-up between the Siren and the Solution who already have a genre sales label together called Synchronicity among other partnerships:

Siren Studios, a rapidly growing creative hub for entertainment production, and The Solution Entertainment Group (The Solution), the production, financing and international sales company have completed the financing on a new multi-year $50 million revolving equity fund to finance the development and production of the partners expanding slate of feature films and television product, it was announced by Siren’s Craig Chapman, Brandon Nutt and Kyle Jackson and Myles Nestel, co-founder and partner of The Solution. (more…)

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