×

‘2 Guns’ Financer Emmett/Furla Receives Coin From Oasis Ventures

Financing coming from Abu Dhabi

Emmett/Furla Films, a financer of the Mark Wahlberg-Denzel Washington actioner “2 Guns,” has found new financing from the Middle East by selling an undisclosed stake in itself to Dubai-based Oasis Ventures Entertainment.

The announcement was made by Emmett/Furla principals Randall Emmett and George Furla and Oasis Ventures Entertainment chairman Marwan Al Bawardi.

As a result of the investment, Emmett/Furla has been re-named Emmett/Furla/Oasis Films and will open an office in  Dubai.  Oasis Ventures had been investing in the Emmett/Furla slate since last year, according to Oasis Ventures chief operating officer Daniel Pfeffer.

“We have worked with EFF for the last year and half and are thrilled with the quality of films they produce and finance,” Pfeffer said in a statement. “We are committed to supporting the growth and infrastructure of EFOF. Our investment will allow EFOF to compete internationally and strengthen their studio relationships as well as co-financing partnerships.”

Emmett/Furla specializes in backing mid-budget action films. Its slate includes “2 Guns,” opening Aug. 2, followed by Lionsgate releases “The Frozen Ground,” starring Nicolas Cage and John Cusack, and “Escape Plan,” with Arnold Schwarzenegger and Sylvester Stallone.

The banner is also a financer on Peter Berg’s “Lone Survivor,” Martin Scorsese’s “Silence,” Baltasar Kormakur’s “Everest” and “The Witch Hunter,” starring Vin Diesel.

Emmett said in a statement, “We are excited about working with Oasis and really see tremendous synergy. We will continue financing our bigger budget studio co-productions and will be more aggressive than ever in our financing commitments.”

The Oasis financing was first reported by the Deadline.com site.

Emmett/Furla’s last major financing was announced a year ago when it announced it had partnered with Envision Entertainment to raise $275 million — a year after Emmett/Furla and Envision’s Stepan Martirosyan and Remington Chase announced during the Toronto Film Festival that they’d partnered to establish a $250 million revolving equity and debt fund.

SEE ALSO: Emmett/Furla, Envision raise more for film fund

Popular on Variety

More Film

  • Notre dame

    Locarno Film Review: 'Notre dame'

    Not to be too cynical about it, but might the recent horrific fire in Paris’ cathedral attract audiences to a film in which the gothic gem plays a major role? It’s likely a wiser marketing strategy than promoting the unrelenting silliness of Valerie Donzelli’s oh-so-kooky comedy “Notre dame,” the writer-director-star’s return to contemporary Paris following [...]

  • Joachim Trier

    Nordisk Film & TV Fond Backs Joachim Trier, Ole Bornedal, Yellow Bird

    Nordisk Film & TV Fond has announced three features, two series and a documentary set to receive $1.4m in financing, as well as distribution, dubbing and cultural initiative support recipients. Doing so, it highlights some of the key titles moving forward in the Nordic region. Already backed by the Danish Film Institute’s largest ever grant [...]

  • Cat in the Wall Movie Sarajevo

    Sarajevo Film Festival Builds Bridges Through Art

    Rising from the rubble of the Bosnian War to become one of Southeastern Europe’s leading film and TV industry events, the Sarajevo Film Festival has plenty to celebrate as it marks its 25th edition this year. The festival was established in 1995 during the four-year siege of Sarajevo as part of an effort to help [...]

  • 'ZZ Top: That Little Ol' Band

    Film Review: 'ZZ Top: That Little Ol' Band From Texas'

    Settling in to watch “ZZ Top: That Little Ol’ Band From Texas,” you may have a burning question that applies to almost no other rock documentary, and that is: Who, exactly, are these guys? The ones behind the beards? If you’re old enough, of course, you probably know that ZZ Top started out, in 1969, [...]

  • Patricia Louisiana Knop Dead: Screenwriter Was

    Screenwriter Patricia Louisianna Knop Dies at 78

    Screenwriter Patricia Louisianna Knop, who collaborated with her producer-director husband Zalman King on erotically-charged films of the late 1980s and 1990s including “Siesta” and “9 1/2 Weeks,” died Aug. 7 in Santa Monica after a lengthy illness. “9 1/2 Weeks,” starring Mickey Rourke and Kim Basinger, was directed by Adrian Lyne, co-produced by King and [...]

  • (L-R) NELL WILLIAMS as Eliza, VIVEIK

    How 'Blinded by the Light' Brought Bruce Springsteen's Music to the Screen for a Song

    Blinded by the Light co-writer/director Gurinder Chadha knows firsthand what it feels like to be an outsider. Born in Kenya when the country was a British colony, she grew up part of the Indian/Asian diaspora who made their way from East Africa to London. For that reason, the 59-year-old’s movies has always dealt with the [...]

More From Our Brands

Access exclusive content