Toronto 2011: Emmett / Furla Films Partners With Envision for High Profile Slate
The two companies already have projects in the works starring Mark Wahlberg, Russell Crowe, Nicholas Cage and John Cusack.
Emmett / Furla Films, the film production and financing company that helped produce movies such as King of California and the recent Conan the Barbarian, is partnering with Envision Entertainment to create a $250 million revolving equity and debt fund to make a slate of star-driven commercial films.
The partnership deepens the relationship between the Emmett/Furla, run by Randall Emmett and George Furla, and Envision, led by Stepan Martirosyan and Remington Chase, men who made their fortune in real estate and the Russian petroleum industry. The two entities are already working on four projects, the high-profile Broken City, to star Mark Wahlberg and Russell Crowe, among them. (The title is in Toronto for international pre-sales.)
According to the companies, “there are no set restrictions on how or where capital from the fund is allocated, which allows for maximum flexibility in sourcing projects and material and collaborating with various partners to build a diverse slate.”
The new fund will allow Emmett/Furla to keep busy as it ramps up a healthy theatrical slate. This fall it will shoot not only Broken City but also Frozen Ground, to star Nicolas Cage and John Cusack.
It also has several projects in post-production, including Lay the Favorite, the Stephen Frears-directed comedy starring Bruce Willis, Catherine Zeta Jones, Rebecca Hall. The company is screening footage to buyers of Favorite at TIFF.
Randall Emmett will continue to co-run Cheetah Vision Films with partner Curtis “50 Cent” Jackson, which produces films under a deal with Lionsgate.