You will be redirected back to your article in seconds

Banner teams pic pair

Gill seeks prod'n coin

Mark Gill — the former head of Warner Independent Pictures who ankled in May — is teaming with Neil Sacker, a fellow Yari Film Group and Miramax Films vet, to launch the Film Dept., a production banner aiming to make six pics per year budgeted at $10 million-$30 million.

People close to the deal said last week that the unit is still in its early planning stages and won’t launch until next year. But Gill and Sacker have been working with investment bank Allen & Co. to secure backing of a projected $200 million.

Equity investment would make up $75 million, and the rest would be debt financing.

Gill declined comment.

An Internet report posted last week inaccurately stated that Deutsche Bank had already come aboard with financing. In fact, that bank is just one firm with which Allen & Co. is talking about a possible deal.

Known as a marketing maven, Gill also has former ties to Miramax and Yari: He was the Los Angeles-based prexy at Miramax for eight years before briefly working at Yari’s Stratus label.

He then moved in 2003 to WIP, where he oversaw releases including “Good Night, and Good Luck” and “March of the Penguins.”

Sacker was chief operating officer at Yari, the shingle behind recent best picture Oscar winner “Crash.”

(Nicole LaPorte in Hollywood contributed to this report.)

More Film

  • ‘Guilty Men’ Sweeps Colombia's 6th Macondo

    ‘Guilty Men’ Sweeps Colombia's 6th Macondo Awards

    Mark Gill — the former head of Warner Independent Pictures who ankled in May — is teaming with Neil Sacker, a fellow Yari Film Group and Miramax Films vet, to launch the Film Dept., a production banner aiming to make six pics per year budgeted at $10 million-$30 million. People close to the deal said […]

  • Madrid’s ECAM Pacts With Torino, Rotterdam

    ECAM Pacts with Torino, Rotterdam on First Incubator Projects

    Mark Gill — the former head of Warner Independent Pictures who ankled in May — is teaming with Neil Sacker, a fellow Yari Film Group and Miramax Films vet, to launch the Film Dept., a production banner aiming to make six pics per year budgeted at $10 million-$30 million. People close to the deal said […]

  • Andrew DuncanMomentum Pictures with The Cinema

    'Florida Project' Producer Steps Down Amid Harassment Claims

    Mark Gill — the former head of Warner Independent Pictures who ankled in May — is teaming with Neil Sacker, a fellow Yari Film Group and Miramax Films vet, to launch the Film Dept., a production banner aiming to make six pics per year budgeted at $10 million-$30 million. People close to the deal said […]

  • 'Antiporno' Review

    Film Review: 'Antiporno'

    Mark Gill — the former head of Warner Independent Pictures who ankled in May — is teaming with Neil Sacker, a fellow Yari Film Group and Miramax Films vet, to launch the Film Dept., a production banner aiming to make six pics per year budgeted at $10 million-$30 million. People close to the deal said […]

  • Nicholas Hoult Current War

    Film News Roundup: Shooting Wraps on Nicholas Hoult's 'Tolkien' Biopic

    Mark Gill — the former head of Warner Independent Pictures who ankled in May — is teaming with Neil Sacker, a fellow Yari Film Group and Miramax Films vet, to launch the Film Dept., a production banner aiming to make six pics per year budgeted at $10 million-$30 million. People close to the deal said […]

  • Disney-Fox Deal Casts Future of Fox

    Disney-Fox Deal Casts Future of Fox Studio Lot Into Doubt

    Mark Gill — the former head of Warner Independent Pictures who ankled in May — is teaming with Neil Sacker, a fellow Yari Film Group and Miramax Films vet, to launch the Film Dept., a production banner aiming to make six pics per year budgeted at $10 million-$30 million. People close to the deal said […]

  • Loveless Movie Wild Bunch

    Oscars: Nine Films Advance in Foreign-Language Race

    Mark Gill — the former head of Warner Independent Pictures who ankled in May — is teaming with Neil Sacker, a fellow Yari Film Group and Miramax Films vet, to launch the Film Dept., a production banner aiming to make six pics per year budgeted at $10 million-$30 million. People close to the deal said […]

More From Our Brands

Access exclusive content