Keystone gets new directors

Labor union and bank representatives to serve on board

VANCOUVER — British Columbia’s labor unions and a subsidiary of the Royal Bank of Canada have muscled onto the board of Intl. Keystone Entertainment via a $3.5 million private placement.

Keystone prexy Robert Vince said he welcomes new directors Yad Garcha of Growth Works Capital Ltd., representing B.C. labor’s Working Opportunity Fund, and Vincent Lum of the Royal Bank Capital Corp., who bumped two directors in the shuffle.

Keystone said investments will be used to double current production levels to four feature films a year and help finance acquisitions, such as film libraries and distribution rights.

The $155 million Working Opportunity Fund (WOF) is sponsored by B.C.’s labor unions, and Royal Bank Capital Corp. is wholly-owned by the Royal megabank.

To attract money into WOF, both the B.C. and federal governments have granted tax credits to investors.

Keystone will begin shooting “Air Bud — World Pup” here in September. It produced the two previous “Air Bud” films and has U.S. and international film distribution rights to “Snap Shot,” about a chimpanzee who plays ice hockey, which is now in post.

More Biz

  • China's iQIYI Takes Further Step to

    China's iQIYI Takes Further Step Towards IPO (Report)

    VANCOUVER — British Columbia’s labor unions and a subsidiary of the Royal Bank of Canada have muscled onto the board of Intl. Keystone Entertainment via a $3.5 million private placement. Keystone prexy Robert Vince said he welcomes new directors Yad Garcha of Growth Works Capital Ltd., representing B.C. labor’s Working Opportunity Fund, and Vincent Lum […]

  • Leah Remini Scientology A&E

    Leah Remini Defends Paul Haggis, Suggests Scientology May Be Behind Misconduct Claims

    VANCOUVER — British Columbia’s labor unions and a subsidiary of the Royal Bank of Canada have muscled onto the board of Intl. Keystone Entertainment via a $3.5 million private placement. Keystone prexy Robert Vince said he welcomes new directors Yad Garcha of Growth Works Capital Ltd., representing B.C. labor’s Working Opportunity Fund, and Vincent Lum […]

  • Killer Content Blasts Weinstein Co. Sale

    Killer Content Blasts Weinstein Co. Sale Process and 'Optical Rebranding' Effort

    VANCOUVER — British Columbia’s labor unions and a subsidiary of the Royal Bank of Canada have muscled onto the board of Intl. Keystone Entertainment via a $3.5 million private placement. Keystone prexy Robert Vince said he welcomes new directors Yad Garcha of Growth Works Capital Ltd., representing B.C. labor’s Working Opportunity Fund, and Vincent Lum […]

  • Alex Pall, left, and Andrew Taggart,

    Merriweather Post Pavilion’s Roof Collapses

    VANCOUVER — British Columbia’s labor unions and a subsidiary of the Royal Bank of Canada have muscled onto the board of Intl. Keystone Entertainment via a $3.5 million private placement. Keystone prexy Robert Vince said he welcomes new directors Yad Garcha of Growth Works Capital Ltd., representing B.C. labor’s Working Opportunity Fund, and Vincent Lum […]

  • Oprah interview Time's Up

    'Time's Up' Members Tell Oprah Winfrey the Campaign Continues

    VANCOUVER — British Columbia’s labor unions and a subsidiary of the Royal Bank of Canada have muscled onto the board of Intl. Keystone Entertainment via a $3.5 million private placement. Keystone prexy Robert Vince said he welcomes new directors Yad Garcha of Growth Works Capital Ltd., representing B.C. labor’s Working Opportunity Fund, and Vincent Lum […]

  • James Cameron Wonder Woman

    James Cameron Calls Eliza Dushku 'Brave' for Revealing 'Heartbreaking' Assault

    VANCOUVER — British Columbia’s labor unions and a subsidiary of the Royal Bank of Canada have muscled onto the board of Intl. Keystone Entertainment via a $3.5 million private placement. Keystone prexy Robert Vince said he welcomes new directors Yad Garcha of Growth Works Capital Ltd., representing B.C. labor’s Working Opportunity Fund, and Vincent Lum […]

  • Christine Vachon, Pam Koffler, Adrienne Becker'Only

    Abigail Disney, Killer Content Partner to Launch Female-Led Level Forward Studio

    VANCOUVER — British Columbia’s labor unions and a subsidiary of the Royal Bank of Canada have muscled onto the board of Intl. Keystone Entertainment via a $3.5 million private placement. Keystone prexy Robert Vince said he welcomes new directors Yad Garcha of Growth Works Capital Ltd., representing B.C. labor’s Working Opportunity Fund, and Vincent Lum […]

More From Our Brands

Access exclusive content