Cactus Three sets fund to help complete films
Five to seven films a year can receive up to $100,000 for postproduction work.
Production and distribution company Cactus Three has formed a new film-finishing fund for documentaries and independent pics.
As part of its mission to finance movies that focus on social issues, Cactus Three will identify 5-7 films per year in need of capital and resources to be completed. Accepted projects, especially those with an eye on the festival circuit, can receive up to $100,000 for postproduction work.
The fund is a collaboration between C3 co-founders and executive producers Caroline Stevens and Krysanne Katsoolis and Canadian film financier John Margetis of Liquid Prods.
"As executive producers, we understand the importance of a fund to help those creating the best in their genre to realize their creative visions," Stevens said. "Too often even the best filmmakers are crippled by the inability to complete production financing, and this fund is specifically aimed to redress this situation."
In the past few years, Cactus Three has produced the films "Once in a Lifetime," "Sketches of Frank Gehry," "The Cove," "Which Way Home" and "The Nine Lives of Marion Barry."
"Cactus Three has an excellent track record in identifying real talent and fostering potential; their award-winning films are the industry's best," Margetis said. "I have followed their progress with great interest over the last few years and recognize that with increased investment this company will continue its leadership position in the independent film industry."