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As studios dramatically cut back development spending and first-look deals, top producers have begun finding alternative coin to buy projects.
A day after DreamWorks-based Walter Parkes and Laurie MacDonald announced a $10 million development fund with Imagenation Abu Dhabi, sources say Disney-based Jerry Bruckheimer is quietly securing a three-year, $20 million development fund through Barclays Bank. The money will supplement the millions of dollars per year that Disney already provides the "Pirates of the Caribbean" producer. Bruckheimer declined comment.
A day after DreamWorks-based Walter Parkes and Laurie MacDonald announced a $10 million development fund with Imagenation Abu Dhabi, sources say Disney-based Jerry Bruckheimer is quietly securing a three-year, $20 million development fund through Barclays Bank. The money will supplement the millions of dollars per year that Disney already provides the "Pirates of the Caribbean" producer. Bruckheimer declined comment.
Bruckheimer banks on Barclays coin
Three-year development fund is for $20 mil
Bruckheimer banks on Barclays coin - Entertainment News, Business News, Media - Variety
