Welcome to moot magic, where the harsh reality of money meets the fiction of entertainment.

Thursday, September 02, 2004

The Foliage is Green in Hyde Park

Hyde Park Entertainment has picked up the tab for most worldwide rights on DreamWork's project "Dreamer" (see Variety article). In what is apparently the first major project out of the gate for Hyde Park to cofinance through the funds raised by the Brass Hat Group, DreamWorks will retain Japan (presumably the result of its capital structure and sourcing) and the domestic market. Hyde Park is expected to have the ability to splurge on about $400 million in production funds over the next five years.

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