U.K.’s Western Edge Partner with Finance Entity Gennaker

U.K.'s Western Edge Partner with Finance

Franki Goodwin and Vaughan Sivell (above) are two of the team at Gennaker

CANNES — Up-and-coming U.K. film production company Western Edge Pictures has partnered up with finance entity Gennaker.

Gennaker will invest up to £5 million ($8.43 million) in its first phase across two years with a bespoke approach to each film deal, though it will typically seek to invest £200,000 ($337,000) to £500,000 ($843,000) per project for individual investments and portfolios of titles.

WEP has also received £88,500 ($149,000) in company support investment from Film Agency for Wales to boost the international growth of the business.

The partnership has already forged a number of major co-production deals with such partners as Irish Film Board, Matador Pictures, Samuelson Prods. and Ffilm Cymru Wales.

The partners are producing feature-length documentary “Mr. Calzaghe,” which centers on the former middleweight boxing champion Joe Calzaghe. The film is directed by WEP’s CEO Vaughan Sivell, and is set to begin shooting this month.

Sivell (writer/producer of “Third Star” and previously a senior producer at Saatchi and Saatchi) also takes on the CEO role at Gennaker, in partnership with Andrew Thomas (ex Barclays Wealth Management), Mike Rattenbury (Group Legal Counsel) and Franki Goodwin (ex Franki&Jonny).

Sivell said: “WEP will remain an independent home for developing projects, whether in-house or with third-party deals, but Gennaker’s new financial muscle will allow us the opportunity to overlap in all the productions and projects we undertake.”

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 1

Leave a Reply

1 Comment

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

  1. Ciao ! Avrei giurato Sono stato a sito prima, ma dopo passando molte delle post

More Film News from Variety