Block Finds It Quite Easily Done
Barely a week after announcing the launch of Artisan founder Bill Block's QED International, "a Beverly Hills-based financing, sales and production company backed by an initial round of nearly $10 million in private equity" (per Variety), the company has just announced at the Berlin Film Festival that it will will jointly co-finance and co-produce four movies with InterMedia.
Demonstrating its desire to do more than "fill[ing] what it sees as the ever-growing need for a place where a variety of indie and studio producers can go to secure money and packaging aid," the deal is the first of several that QED is contemplating.
With so much new money in Hollywood tunnelling directly to the studios in the form of co-financed slates, QED has a mission:
"We are launching QED at this time because we see an opportunity in the landscape for a focused sales agency that fully services studio and independent producers that extends beyond just the deal to marketing, delivery and distribution to our territorial partners," Block said.