×
You will be redirected back to your article in seconds

7 Arts ups Sandys

Ex-financier tapped prod'n prexy at indie

Eric Sandys, previously a senior VP of production, has leapfrogged directly to the production prexy slot at indie film outfit Seven Arts Pictures.

“Eric has proven himself as a talented producer,” said Seven Arts CEO Peter Hoffman. “He will help steer Seven Arts forward as we continue to expand our production slate.”

In his new position, ex-Wall Street financier Sandys will continue performing his somewhat unorthodox dual roles of shaping the creative side of the company’s project slate, as well as bringing his considerable equity expertise to bear on financing them once they’re ready.

Sandys is producing the $40 million actioner “The Descent” with Pierre Spengler, and Seven Arts handling foreign sales. Patrick Read Johnson will helm from a script he co-wrote with John Lau.

Sandys is also exec producing the Seven Arts picture “American Rhapsody,” which began shooting in Budapest, two weeks ago. Eva Gardos helms for producers Colleen Camp and Bonnie Timmermann.

Prior to landing at Seven Arts in January 1996 as VP, Sandys was one of the youngest-ever veepees at Bankers Trust, where he headed the company’s U.S. derivatives business.

Among other projects he’s shepherding is a remake of “I Was a Teenage Werewolf,” to be helmed by Tony Hickox and produced by Colleen Camp with Sam and Lou Arkoff, and the big-budget thriller “Confidence” with Kevin Reynolds attached to direct.

In one of the company’s biggest plays, Seven Arts also recently stepped up to co-finance half of the William Friedkin-helmed Paramount actioner “Rules of Engagement,” which insiders say cost $55 million. It stars Tommy Lee Jones and Samuel L. Jackson, and the studio is said to be eyeing it for a summer 2000 release, the same slot that propelled “The General’s Daughter” above the $100 million mark.

More Biz

  • Peloton Sued for $150 Million for

    Peloton Sued for $150 Million for Using Drake, Lady Gaga Music Without License

    A group of publishers including Downtown Music Publishing, Pulse Music Publishing, ole, peermusic, Ultra Music, Big Deal Music, Reservoir, Round Hill, TRO Essex Music Group and The Royalty Network filed a lawsuit against Peloton for infringement of more than a thousand musical works, according to a statement from the National Music Publishers Association. The plaintiffs are [...]

  • Bruce Ramer Re-Appointed to Corporation for

    Bruce Ramer Re-Appointed to Corporation for Public Broadcasting Board

    Top showbiz attorney Bruce Ramer has been reappointed to the board of the Corporation for Public Broadcasting, the nonprofit org that administers federal funding for public broadcasting. Ramer, a partner at Gang, Tyre, Ramer, Brown & Passman, was elected chair of the CPB board in October. He previously served as board chair from 2010-2012. His [...]

  • Gary Knell

    Listen: National Geographic Chief Gary Knell on Disney Future, Fox's Legacy

    The marriage of National Geographic Partners and Disney, which becomes official today, is the proverbial brand match made in heaven. Disney is taking over the stewardship of Nat Geo Partners — a joint venture with the National Geographic Society — as part of its acquisition of 21st Century Fox. The transition comes at a time [...]

  • Celebrity Admissions Scandal

    Admissions Scandal Reveals the Deep-Seated Ties Between Celebrities and Top Colleges

    Hollywood is fixated on the federal investigation into a massive college admissions scam. It’s a scheme that has all the ingredients of a ripping yarn, a portrait of the corrosive influence of celebrity and wealth in higher education. It’s also a story that has deep links to the entertainment industry. Felicity Huffman and Lori Loughlin, [...]

  • Songtrust’s Joe Conyers III Slams Streaming

    Songtrust’s New Chief Strategy Officer, Joe Conyers III, Slams Streaming Services’ CRB Appeal

    Songtrust, the digital rights-management platform cofounded by Downtown Music Publishing’s Justin Kalifowitz, today announced that Joe Conyers III has been elevated to Chief Strategy Officer. According to the announcement, as co-founder and GM of Songtrust for the past eight years, Conyers has led the company from prototype to servicing over 20,000 publishers to collect their [...]

  • Paul Ryan

    Fox Corporation Emerges as Standalone Entity, Paul Ryan Joins Board

    UPDATED: 21st Century Fox said Tuesday it has completed the distribution of shares to birth the Fox Corporation. “21CF and FOX are now each a standalone, publicly traded company,” 21st Century Fox said in a statement issued at 8:30 a.m. ET. The separation of new and old Fox begins a new era for the Murdoch [...]

More From Our Brands

Access exclusive content