You will be redirected back to your article in seconds

Glen Basner launches FilmNation

Co. to market Shyamalan-produced 'Devil'

Former Weinstein Co. sales chief Glen Basner is looking to make a splash with FilmNation, a new foreign sales outfit that boasts deals with Media Rights Capital, financier and producer Endgame Entertainment and Samuels Media.

Gotham-based label will be at the American Film Market in Santa Monica this week with its first pic to market, the M. Night Shyamalan-produced supernatural thriller “Devil.” Pic, scripted by Brian Nelson (“30 Days of Night”) and helmed by John Erick Dowdle (“Quarantine”), is the first of three being financed and produced under the Night Chronicles banner, the recently formed partnership between Shyamalan and MRC (Daily Variety, Oct. 28).

FilmNation has an exclusive deal to represent MRC’s nonstudio pics, an exclusive relationship with Samuels Media and a nonexclusive deal with Endgame expected to span four or more movies.

Basner said the company will handle sales, finance and eventually production. “One of the things that triggers finance is international sales. I can put finance and projects together,” he said.

Company, which is still looking for additional sources of funding, will provide “modest” minimum guarantees when taking on projects. It counts private financing from Samuels Media chairman-CEO Steve Samuels, with Basner retaining the controlling interest.

“We’ve taken a good look at the marketplace and believe companies can do well if they adjust and get away from the volume business that necessitates four or five new movies every market,” Basner said. Global financial turmoil also means “the interests of sellers, distributors and financiers are now more aligned than ever before.”

Samuels said: “I think there is a real need for a new kind of international sales company where there is a strong focus on distribution.”

Basner quit as TWC prexy of international at the end of July. Prior to that he was exec VP, international sales and distribution, at Focus Features.

More Film

  • Relativity School

    Relativity School Changes Name to Studio School Los Angeles

    Former Weinstein Co. sales chief Glen Basner is looking to make a splash with FilmNation, a new foreign sales outfit that boasts deals with Media Rights Capital, financier and producer Endgame Entertainment and Samuels Media. Gotham-based label will be at the American Film Market in Santa Monica this week with its first pic to market, […]

  • Dynamo, Spiral Co-produce ‘Falco,’ Re-versioning German

    Dynamo and Spiral Co-Producing 'Falco,' Re-versioning Germany’s ‘The Last Cop’

    Former Weinstein Co. sales chief Glen Basner is looking to make a splash with FilmNation, a new foreign sales outfit that boasts deals with Media Rights Capital, financier and producer Endgame Entertainment and Samuels Media. Gotham-based label will be at the American Film Market in Santa Monica this week with its first pic to market, […]

  • Lizzy Caplan

    Lizzy Caplan Joining Channing Tatum in 'Gambit' (EXCLUSIVE)

    Former Weinstein Co. sales chief Glen Basner is looking to make a splash with FilmNation, a new foreign sales outfit that boasts deals with Media Rights Capital, financier and producer Endgame Entertainment and Samuels Media. Gotham-based label will be at the American Film Market in Santa Monica this week with its first pic to market, […]

  • Quentin Tarantino

    California Production Tax Credits to Go to Quentin Tarantino's New Movie

    Former Weinstein Co. sales chief Glen Basner is looking to make a splash with FilmNation, a new foreign sales outfit that boasts deals with Media Rights Capital, financier and producer Endgame Entertainment and Samuels Media. Gotham-based label will be at the American Film Market in Santa Monica this week with its first pic to market, […]

  • Star Wars: The Last Jedi

    'Star Wars: The Last Jedi' Rules Social Media Buzz Ahead of Premiere

    Former Weinstein Co. sales chief Glen Basner is looking to make a splash with FilmNation, a new foreign sales outfit that boasts deals with Media Rights Capital, financier and producer Endgame Entertainment and Samuels Media. Gotham-based label will be at the American Film Market in Santa Monica this week with its first pic to market, […]

  • Nick Nolte Walk of Fame Honor

    Nick Nolte Reflects on What Acting's Meant for Him Ahead of Walk of Fame Honor

    Former Weinstein Co. sales chief Glen Basner is looking to make a splash with FilmNation, a new foreign sales outfit that boasts deals with Media Rights Capital, financier and producer Endgame Entertainment and Samuels Media. Gotham-based label will be at the American Film Market in Santa Monica this week with its first pic to market, […]

  • The Post

    Oscars: Steven Spielberg's 'The Post' Arrives With the Zeitgeist in Its Sights

    Former Weinstein Co. sales chief Glen Basner is looking to make a splash with FilmNation, a new foreign sales outfit that boasts deals with Media Rights Capital, financier and producer Endgame Entertainment and Samuels Media. Gotham-based label will be at the American Film Market in Santa Monica this week with its first pic to market, […]

More From Our Brands

Access exclusive content