Berlin — Glen Basner‘s FilmNation and Christos V. Konstantakopoulos‘ Athens-based Faliro House Productions — both auteur driven — are partnering on a two-year fund that will pay for the development of four to eight projects a year.
The deal will allow FilmNation to further expand its strategy of acquiring high-profile development properties, while simultaneously broadening Faliro House’s slate with a number of marquee titles for the international marketplace.
Projects developed under the fund are intended to be financed with FilmNation’s existing credit facility, allowing the production, sales and financing company to continue to build its pipeline.
“It’s an honor when a man like Glen Basner asks you to partner up,” said Konstantakopoulos, who is president of Faliiro. “This will greatly help our goals in Greece and abroad, and we very much look forward to working with Glen and all the wonderful citizens of FilmNation.”
Founded in 2008, Faliro has been involved with a wide array of prestige projects, including Jeff Nichols‘ Take Shelter, Jim Jarmusch‘s Only Lovers Left Alive, Terrence Malick‘s Knight of Cups, Richard Linklater‘s Before Midnight and Alex Ross Perry‘s critically acclaimed 2014 Sundance Film Festival entry Listen Up Philip.
Upcoming Faliro titles include Athina Rachel Tsangari‘s Cheavlier, Babis Makridis‘ Pity, Yannis Economides’ Stratos and The Lobster, from Oscar-nominated Greek director Yorgos Lanthimos and starring Colin Farrell and Rachel Weisz (Protagonist Pictures is selling The Lobster at the Berlin Film Market).
Konstantakopoulos is the son of the late Vassilis C. Konstantakopoulos, a Greek sea captain, shipping magnate and entrepreneur who founded Costamare Shipping.
“We are thrilled to be collaborating with such a well-respected producer and financier as Christos and his company Faliro House,” said Basner, CEO of FilmNation. “His exceptional taste in film aligns perfectly with FilmNation’s already existing slate and the support of this fund will greatly contribute to the success of future projects.”
The development fund was brought in and brokered by Victoria Cook of Frankfurt Kurnit Klein & Selz PC on behalf of Faliro House, and FilmNation’s COO Milan Popelka and EVP of Business & Legal Affairs Alison Cohen. The deal is effective immediately.
Aaron Ryder heads up FilmNation’s production arm, which made Nichols’ critically acclaimed box-office hit Mud, starring Matthew McConaughey. Coming out this year is Dan Beers‘ teen sex comedy Premature, which will world premiere at this year’s SXSW Film Festival.
FilmNation is in development on Denis Villeneuve’s Story of Your Life, The Rules of Inheritance, starring Jennifer Lawrence, and The Good House, starring Meryl Streep and Robert De Niro.
Basner’s company is representing international rights to several high-profile titles in Berlin this year, including courtroom drama The Whole Truth, starring Daniel Craig, John Carney‘s next film Sing Street and The Imitation Game, starring Benedict Cumberbatch.
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