CANNES: Dean Devlin’s Electric Entertainment Secures $50 Million

Dean Devlin Electric Entertainment
Alberto E. Rodriguez/Getty Images

Dean Devlin’s Electric Entertainment has  secured $50 million in a combination of corporate and production credit facilities from First Republic Bank.

The coin will be used to continue Electric’s expansion of TV and feature film production along with its worldwide sales and distribution arm. The company currently has TNT series “The Librarians,” starring Rebecca Romijn and John Laroquette, which started shooting in April; Devlin is also in pre-production on “Geostorm,” his feature directorial debut.

Electric’s international sales and distribution division launched last year at the American Film Market. It  has acquired international sales rights to the SXSW film “Kelly and Cal”;  Audience Award winner “Before I Disappear,” and the Terrence Malick-produced film “The Better Angels.” It’s also selling “God’s Pocket,” starring Philip Seymour Hoffman, and “The Wannabe,” starring Patricia Arquette, Vincent Piazza and Michael Imperioli.

Devlin produced “Independence Day” and helped start Voltage Entertainment in 2005. He announced at the Toronto Intl. Film Festival last year that he was returning to the foreign sales/financing business through his Electric Entertainment banner.

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  1. Judy says:

    Don’t forget Christian Kane!

  2. One of the more prolific writers, producers and directors in television, it’s terrific to see Dean Devlin’s Electric Entertainment ramping up production and distribution under their banner! They prove that there’s enormous demand for quality scripted television with old-school production value and I have every expectation they’ll transition nicely into feature production as well. I wish them all the best.

  3. Ann Ryce says:

    I am so happy for Dean Devlin, he deserves it. He also had Leverage and now The Libratrains also brings the amazing Christian Kane back to our tv’s again! Dean and Christian fit so well together!

  4. This is exciting! #DeanDevlin is so talented….and has great taste in bringing #ChristianKane back into our homes with the new show #TheLibrarians. Can’t wait for Fall!

  5. Teresa says:

    Love Dean Devlin. He’s always entertaining and he also wins my heart by bringing Christian Kane back in another television series, “The Librarians.”

  6. Tina Walker says:

    This is Awesome!!! Can’t wait to see #ChristianKane on TV again!!!

  7. mentdijinn says:

    Congrats!! so looking forward to the #TheLibrarians with CHRISTIAN KANE !! oohh so excited to have him back on my tv screen again!

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