Scotts’ post house gets cash boost

LONDON — Millfilm, the f/x post-production facility fronted by Ridley and Tony Scott, has raised $10.6 million to finance its operations.

The majority of the funding comes from Candover, the investment company that also backed the Scotts’ acquisition of the Shepperton film studios.

Millfilm, a sister company to the established TV and ad post-production house the Mill, was formed in April of last year and is intended to be a comprehensive f/x facility for film and TV, including a motion control studio.

The company has a 9,000-square-foot building in London’s Soho media district and plans to employ 40 staff by the end of the year. Some of its talent has been poached from California-based f/x companies.

Scott Free Prods., the feature film production company run by the brothers, is reworking several financial deals. It recently renegotiated deals with financiers Largo Entertainment and First Independent (Daily Variety, June 27).

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety

Loading