Mark Damon’s Dcr Finance Corp. has signed a deal to provide $65 million in financing for a new version of “Sinbad” with production set to begin in early 2020, Variety has learned exclusively.
Dcr, a media financing fund headed by Damon, Adi Cohen and Jordi Rediu, will unveil details to potential buyers at the American Film Market, which opens Nov. 6 in Santa Monica, Calif.
The funds will be mostly spent in Georgia through partners Len Gibson and Wayne Overstreet, of Go Media. The overall budget is expected to be around $120 million. Enrico Ballarin, whose credits include “Star Wars: Episode II” as a unit manager, will executive produce. “Sinbad” will be directed by Francesco Lucente, who also wrote the screenplay.
Dcr announced a deal in August with Atlanta-based Go Media Productions to join a private placement as a lead investor and provide up to $150 million in exchange for the investment being channeled...
Dcr, a media financing fund headed by Damon, Adi Cohen and Jordi Rediu, will unveil details to potential buyers at the American Film Market, which opens Nov. 6 in Santa Monica, Calif.
The funds will be mostly spent in Georgia through partners Len Gibson and Wayne Overstreet, of Go Media. The overall budget is expected to be around $120 million. Enrico Ballarin, whose credits include “Star Wars: Episode II” as a unit manager, will executive produce. “Sinbad” will be directed by Francesco Lucente, who also wrote the screenplay.
Dcr announced a deal in August with Atlanta-based Go Media Productions to join a private placement as a lead investor and provide up to $150 million in exchange for the investment being channeled...
- 10/29/2019
- by Dave McNary
- Variety Film + TV
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