Middleton, Lee invest in Good Universe

Pair teamed with Joe Drake banner on 'Oldboy,' 'Poltergeist'

John Powers Middleton and Roy Lee have invested in Joe Drake and Nathan Kahane’s Good Universe after collaborating with the financing-sales-distribution outfit on “Oldboy” and “Poltergeist.”

The investment, made in the form of an undisclosed amount of structured debt, is aimed at creating a strategic alliance to generate movies via Middleton and Lee’s existing deal at Warner Bros. The deal also provides a potential investment platform for Middleton and Lee to put additional capital to work at Good Universe.

Good Universe, which launched just before Cannes, made its first deals during that market, locking multiterritory agreements with Universal Pictures Intl. for “Oldboy” and “Last Vegas.”

Lee is a producer and Middleton is an exec producer on Good Universe’s suspense thriller “Oldboy,” directed by Spike Lee and starring Josh Brolin, Elizabeth Olsen and Sharlto Copley. Pic recently wrapped production and will be released domestically by FilmDistrict on Oct. 11.

Good Universe made the announcement as the biz preps for the Feb. 7 start of the Berlin Fest.

More Film

  • No Merchandising. Editorial Use Only. No

    'Black Panther' Powers Past $300 Million at International Box Office

    John Powers Middleton and Roy Lee have invested in Joe Drake and Nathan Kahane’s Good Universe after collaborating with the financing-sales-distribution outfit on “Oldboy” and “Poltergeist.” The investment, made in the form of an undisclosed amount of structured debt, is aimed at creating a strategic alliance to generate movies via Middleton and Lee’s existing deal […]

  • AMERICA Land of the FreeKS

    Berlin Film Review: 'America: Land of the Freeks'

    John Powers Middleton and Roy Lee have invested in Joe Drake and Nathan Kahane’s Good Universe after collaborating with the financing-sales-distribution outfit on “Oldboy” and “Poltergeist.” The investment, made in the form of an undisclosed amount of structured debt, is aimed at creating a strategic alliance to generate movies via Middleton and Lee’s existing deal […]

  • Shape of Water

    How ‘Game of Thrones’ Has an Emotional Connection to ‘Shape of Water’

    John Powers Middleton and Roy Lee have invested in Joe Drake and Nathan Kahane’s Good Universe after collaborating with the financing-sales-distribution outfit on “Oldboy” and “Poltergeist.” The investment, made in the form of an undisclosed amount of structured debt, is aimed at creating a strategic alliance to generate movies via Middleton and Lee’s existing deal […]

  • Black Panther

    Box Office: 'Black Panther' Rules With $108 Million in Second Weekend

    John Powers Middleton and Roy Lee have invested in Joe Drake and Nathan Kahane’s Good Universe after collaborating with the financing-sales-distribution outfit on “Oldboy” and “Poltergeist.” The investment, made in the form of an undisclosed amount of structured debt, is aimed at creating a strategic alliance to generate movies via Middleton and Lee’s existing deal […]

  • Guillermo del Toro To Open Cinema

    Guillermo del Toro to Open Cinema Named after Him at Guadalajara Fest (EXCLUSIVE)

    John Powers Middleton and Roy Lee have invested in Joe Drake and Nathan Kahane’s Good Universe after collaborating with the financing-sales-distribution outfit on “Oldboy” and “Poltergeist.” The investment, made in the form of an undisclosed amount of structured debt, is aimed at creating a strategic alliance to generate movies via Middleton and Lee’s existing deal […]

  • 'Lemonade' Review: A Quietly Seething Romanian

    Berlin Film Review: 'Lemonade'

    John Powers Middleton and Roy Lee have invested in Joe Drake and Nathan Kahane’s Good Universe after collaborating with the financing-sales-distribution outfit on “Oldboy” and “Poltergeist.” The investment, made in the form of an undisclosed amount of structured debt, is aimed at creating a strategic alliance to generate movies via Middleton and Lee’s existing deal […]

  • Cinema Audio Society 2018 Winners: 'Dunkirk,'

    'Dunkirk,' 'Game of Thrones' Win Cinema Audio Society Awards for Sound Mixing

    John Powers Middleton and Roy Lee have invested in Joe Drake and Nathan Kahane’s Good Universe after collaborating with the financing-sales-distribution outfit on “Oldboy” and “Poltergeist.” The investment, made in the form of an undisclosed amount of structured debt, is aimed at creating a strategic alliance to generate movies via Middleton and Lee’s existing deal […]

More From Our Brands

Access exclusive content