Basil Iwanyk
Ilya S. Savenok/Getty

Basil Iwanyk’s Thunder Road has renewed its music rights agreement with Cutting Edge Group, which helped finance Denis Villeneuve’s drug trafficking drama “Sicario.”

The deal covers five additional films and calls for Cutting Edge’s investment arm Conduct to advance Thunder Road development funds in exchange for future music rights. Thunder Road Pictures’ upcoming slate includes action-thriller “3 Seconds,” starring Luke Evans.

“We are delighted to recommence our deal with the Cutting Edge Group and Conduct team,” said Iwanyk. “Their initial investment into Thunder Road was essential in building a terrific slate of film projects, including ‘Sicario’ and ‘John Wick,’ the former being in competition this year at the Cannes Film Festival.”

Conduct set up slate financing deals last year with QED and with Brian Oliver’s Cross Creek Pictures. It’s also invested in hundreds of single movies including “Whiplash,” “Fury” and “The King’s Speech.”

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