Jeffrey Aikman, president of JEF Films in Osterville, Mass., has launched a new production and distribution company, Wham! USA.
Aikman, CEO of the new venture, said the company has set up its own video division to release films owned by the firm. Wham! will also act as a consulting distributor for many smaller niche labels.
“We will also finance up to 90% of a film’s budget, with a cap of $6 million, in exchange for worldwide sales rights,” Aikman said.
Offices are being set up in Europe, Asia and Latin America in 1991, according to Aikman. The company already has acquired a catalog of feature films, made-for-tv movies and tv programs.