×
You will be redirected back to your article in seconds

‘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

More Film

  • wanda Movie Metropolis Qingdao

    Why Simon West is Making Movies in China (EXCLUSIVE)

    British director Simon West (“Lara Croft: Tomb Raider,” “Con Air,” “The Expendables 2”) is set to further into the Middle Kingdom at the helm of his second Chinese action-adventure blockbuster. The Wanda-backed “The Legend Hunters,” hits theaters next summer. West was brought onto the project by veteran producer Eryong, who had approached him about a [...]

  • The Eight Hundred

    History Rethink Group Key to 'Eight Hundred' Shanghai Cancellation (EXCLUSIVE)

    Chinese authorities may have abruptly yanked Huayi Brothers’ $80 million patriotic war epic “The Eight Hundred” the day before its debut as the Shanghai Intl. Film Festival’s opening film because it didn’t portray rivals of the ruling Communist Party in a sufficiently negative light, local reports said. Huayi on Friday attributed the cancellation of its [...]

  • Simon West

    Simon West Directing Chinese Tomb-Raid Movie “Legend Hunters’ (EXCLUSIVE)

    The British director Simon West, who made Angelina Jolie-starring “Lara Croft: Tomb Raider,” is now co-directing a Chinese tomb-raiding film. “The Legend Hunters” is the next instalment in the “Mojin” universe based on the popular fantasy novel series “Ghost Blows Out the Light.” Backed by Wanda Pictures and Beijing-based Saints Entertainment, the film is set [...]

  • Emu Runner

    Sydney Film Review: 'Emu Runner'

    Writer-director Imogen Thomas’ debut feature “Emu Runner” has and probably will play in designated family-themed strands of film festivals, and given its story of a 9-year-old Aboriginal girl who deals with grief in the wake of her mother’s death by bonding with a lone female representative of Australia’s largest native bird species, this programming strategy [...]

  • Sophia Antipolis

    Locarno in Los Angeles Film Review: 'Sophia Antipolis'

    There are two Sophias in French director Virgil Vernier’s clever, cunning, chilling fifth feature. The first is its setting, the eponymous “Sophia Antipolis,” a technology park in the south of France, a place self-consciously designed as an experiment in social engineering, where an international community of professionals would, it was hoped, create an environment of [...]

  • I Lost My Body

    Netflix Pickup ‘I Lost My Body,’ ‘Buñuel,’ ‘Away’ Top Annecy Festival

    ANNECY, France  — Fulfilling expectations, Jeremy Clapin’s “I Lost My Body, the subject of one of the highest-profile Netflix deals at this year’s Cannes, won this Saturday the Annecy Festival’s top Cristal Award of best feature plus, in a relatively rare Annecy double whammy, the festival’s Audience Award. The first was expected, the second a [...]

More From Our Brands

Access exclusive content