When Nina Yang Bongiovi founded Significant Prods. with Forest Whitaker in 2009, her optimism about the opportunities that would come from starting a production company with an Oscar-winner was quickly challenged. “I was so overly positive because I didn’t realize how color takes such a precedent in the business,” she said.
But things turned rosier when they produced Ryan Coogler’s 2013 “Fruitvale Station,” which grossed $17.4 million on a $900,000 budget. “It was a shock to us,” Bongiovi said. “Getting that film made was practically impossible because of all the biases against it. Once it proved it could be successful, we realized there’s something deeply sustainable here.”
This week, she announced the launch of a multicultural film fund rooted in that ethos. Aum Group is a joint venture between Bongiovi, Gold House chairman Bing Chen, Twitch co-founder Kevin Lin, Xrm Media’s Michael Y. Chow, Mnm Creative’s Michael K. Shen,...
But things turned rosier when they produced Ryan Coogler’s 2013 “Fruitvale Station,” which grossed $17.4 million on a $900,000 budget. “It was a shock to us,” Bongiovi said. “Getting that film made was practically impossible because of all the biases against it. Once it proved it could be successful, we realized there’s something deeply sustainable here.”
This week, she announced the launch of a multicultural film fund rooted in that ethos. Aum Group is a joint venture between Bongiovi, Gold House chairman Bing Chen, Twitch co-founder Kevin Lin, Xrm Media’s Michael Y. Chow, Mnm Creative’s Michael K. Shen,...
- 2/26/2020
- by Chris Lindahl
- Indiewire
Nina Yang Bongiovi, the producer behind critically acclaimed features such as Fruitvale Station and Sorry to Bother You and the Epix crime drama Godfather of Harlem, is collaborating with Twitch co-founder Kevin Lin and Gold House chairman Bing Chen to launch Aum Group, a multicultural film fund. Also on board for this venture are Mnm Creative’s Michael K. Shen, Silicon Valley vets Jason A. Lin and Maggie Hsu as well as Xrm Media’s Michael Y. Chow, who is also the business partner of Bongiovi and Forest Whitaker’s Significant Productions.
With some of the top names in film and tech leading the charge, the Aum Group was created to develop and acquire creative IP, finance multicultural motion pictures, and invest in the next generation of storytellers. Aum Group led the financing of Rebecca Hall’s directorial debut Passing starring Tessa Thompson, Ruth Negga, Andre Holland, and Alexander Skarsgard.
With some of the top names in film and tech leading the charge, the Aum Group was created to develop and acquire creative IP, finance multicultural motion pictures, and invest in the next generation of storytellers. Aum Group led the financing of Rebecca Hall’s directorial debut Passing starring Tessa Thompson, Ruth Negga, Andre Holland, and Alexander Skarsgard.
- 2/24/2020
- by Dino-Ray Ramos
- Deadline Film + TV
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