Cutting Edge funds three

Group closes deals to coin pic trio

The Cutting Edge Group has closed deals to provide financing on three new films — “Look of Love,” “Belle” and “Oculus.”

Mockingbird Pictures’ “Look of Love,” from director Arie Posin and producers Bonnie Curtis and Julie Lynn, is in post-production. The romantic comedy stars Annette Bening, Ed Harris and Robin Williams. Mockingbird Pictures is the production company.

Head Gear Films’ “Belle” is an 18th century-set love story with Gugu Mbatha-Raw in the title role with Emily Watson, Tom Felton, Matthew Goode, Miranda Richardson and Tom Wilkinson co-starring. Amma Asante is directing and the producer is Damian Jones.

Intrepid Pictures’ “Oculus” is also currently filming. The supernatural thriller stars Katee Sackoff and Rory Cochrane with Mike Flanagan directing and Marc D. Evans and Trevor Macy producing. FilmDistrict is distributing in North America.

Under the pacts, 10-year-old CEG is investing cash for scoring, clearances and music supervision in a film. It will then recoup from such sources as soundtrack and sheet-music sales; and licensing and royalties from international ticket sales and TV deals.

“My goal for Cutting Edge has always been to provide investment options for all sorts of diverse films within a wide budget range,” said CEG topper Phillip Moross. “This crop of films perfectly illustrates the business model.”

In 2008, Cutting Edge received an initial investment of $15 million from Aberdeen Asset Management. It set up its first multi-picture deal with Joel Silver’s Dark Castle in 2009.

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