3 hours ago
EXCLUSIVE: Film Finances, portion of nan STX Entertainment family, and Media Guarantors are merging, creating a starring world completion enslaved patient for independent film, a unsocial abstraction pinch only a fewer cardinal players.
Specifically, STX Entertainment sister institution Film Services International, nan genitor of Film Finances, is acquiring Media Guarantors from security brokerage CAC Group for an undisclosed price.
Media Guarantors laminitis and main executive Fred Milstein will beryllium CEO of nan mixed enslaved company. Film Finances EVP Steve Berman will go president.
Film Finances President Greg Trattner will presume nan domiciled of Executive Chairman, expanding his responsibilities crossed nan broader family of companies held by Film Services International, nether group CEO Peter Coleman.
CAC acquired Media Guarantors successful 2024, its first acquisition successful nan intermezo space. The waste follows CAC’s ain merger earlier this twelvemonth to rival security agent Baldwin Group.
Completion bonds are contracts wherever nan enslaved patient guarantees that a movie will beryllium completed connected clip and connected budget, protecting investors, banks, income agents and distributors. If location are problems, nan patient is connected nan hook for overages aliases different costs. Bonds mitigate consequence truthful it tin beryllium harder to get financing without one. Many indie productions usage them.
“The expanded level strengthens nan completion enslaved marketplace that independent finance relies on, while accelerating finance successful data-driven consequence appraisal that shortens nan way from greenish ray to enslaved and gives financiers earlier certainty,” he said.
Combined pinch nan group’s different assets, he added, it creates a “preeminent partner for independent producers, financiers, and distributors, and marks nan latest measurement successful building a existent one-stop shop for production, spanning financing, beingness production, and post-production.”
Film Services International, now wholly owned by ample financial and security level A-CAP, acquired Film Finances and its related companies — including Pivotal Post, EPS-Cineworks Digital Studios, Buff Dubbs + DAMsmart, Silver Trak Digital and LiquidLight — successful nan autumn of 2024. The waste was portion of a prepackaged bankruptcy enabling Film Finances to detach from its legally and financially challenged backstage equity proprietor astatine nan time, 777 Partners.
FFI joined STX successful January erstwhile the accumulation institution relaunched — besides nether heavy pocketed A-CAP — aft years of mendacious starts pinch a drawstring of owners. That woody saw STX laminitis and president Robert Simonds and main executive Noah Fogelson exit.
Both sides of nan business study to Coleman.
STX films see Gerard Butler’s Greenland and sequel Greenland 2: Migration. properties see Jennifer Lopez-starring Hustlers; the Bad Moms franchise; Guy Ritchie’s action-comedy The Gentlemen with Matthew McConaughey; Aaron Sorkin’s Molly’s Game starring Jessica Chastain; I Feel Pretty, starring Amy Schumer; My Spy, starring Dave Bautista; and 21 Bridges, starring Chadwick Boseman.
“STX has been quiet for a fewer years. But it still has a marque and it still has IP that is valuable,” Coles noted backmost erstwhile A-CAP came successful pinch plans to recapitalize nan company.
Romcom Happy Hours by and starring Katie Holmes pinch Joshua Jackson premiered astatine nan 2026 Tribeca Festival. Coles said nan institution is successful improvement connected a fistful of projects pinch announcements coming complete nan adjacent mates of months.
