L.A.-based bond company Cinema Completions Intl. (CCI) has opened a U.K. office to meet the demands of the burgeoning British production sector, and appointed line producer Larry DeWaay to run the operation.
CCI’s London office will be based at Pinewood Studios in Buckinghamshire, the studio that has hosted shoots for numerous Hollywood blockbusters, including Stanley Kubrick’s ongoing “Eyes Wide Shut” and Neil Jordan’s “Interview With the Vampire.”
CCI believes that the current U.K. production boom — brought on in part by the government’s creation of National Lottery-financed film subsidies — has led both to an increase in the average budget size of films and the number of films being made.
Major film production under way in the U.K. include George Lucas’ “Star Wars” prequel, starring Ewan McGregor; Capitol Films’ “Rogue Trader,” also starring McGregor; and Aardman Animations’ “Chicken Run,” which is backed by DreamWorks.
DeWaay, who becomes CCI’s senior vice president of U.K. production, has line produced many films including “The Dogs of War,” “Rob Roy,” “Far and Away,” “Backdraft” and “The Hunt for Red October.”
CCI, which was established in 1994, underwrites films budgeted at $75 million or less. Titles it has bonded include “The English Patient,” “The Ghost and the Darkness,” “The Thin Red Line,” “Flirting With Disaster,” “Hard Rain” and “Marvin’s Room.”