The largest shareholder in Savoy Pictures Entertainment Inc. swapped a huge chunk of debt for equity, a sign of faith that the young film company's stock will climb as it matures.
Harris Maslansky, who structured investments for such television fare as "Dallas" and "Knots Landing," has joined New York-based indie Savoy Pictures as senior VP of business affairs.
Army Archerd: Just for Variety
Domestic Film DAILY
PROVIDED BY: Box Office
The Equalizer1Daily:$3.6M Cumulative:$40.7M Sony / Columbia 22.26%
The Maze Runner
The Maze Runner2Daily:$1.3M Cumulative:$60.2M Fox 29.30%
The Boxtrolls3Daily:$862,914 Cumulative:$18.9M Focus 17.65%
Savoy Pictures has acquired the North American distribution rights to the sci-fi adventure "The Penal Colony" from Allied Filmmakers, which will represent the pic internationally, Savoy announced…
Gearing up for its first release, "A Bronx Tale," Savoy Pictures has hired its No. 2 domestic distribution executive, Steve Rothenberg,who will assume the new position of senior VP and general sales…