Blue Lake takes dip with Celluloid

Deal struck to finance specialty films

Blue Lake Entertainment, the eight-figure fund launched by Doug Mankoff’s Echo Lake Entertainment and Canadian shingle Blue Ice Entertainment, has struck a deal with Celluloid Dreams to finance high-end specialty pics.

The relationship will enable Celluloid to provide producers with international sales advances and handle sales for its slate and produce individual titles.

Blue Lake, which backs pics with a minimum $10 million budget, recently announced a non-exclusive deal with Glen Basner’s FilmNation to consult year-round and handle sales on the fund’s more commercial fare.

“The aim of this initiative is to give Celluloid the financial backing to acquire films from the most important international directors,” said Mankoff, who will serve as co-manager of the fund alongside Blue Ice’s Steven Silver and Neil Tabatznik.

Film financer Echo Lake has helped fund Demi Moore starrer “The Joneses,” John Carpenter’s “The Ward” and Sarah Polley’s “Away From Her.”

The company’s management division, headed by Mike Marcus and Amotz Zakai, reps Carpenter, Walter Hill, Deepa Mehta, Michael Caton-Jones among others.

Filed Under:

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