×

Douglas Hansen Named Independent Overseer at Scandal-Plagued Red Granite

Veteran producer Douglas Hansen has been appointed to oversee financial affairs at Red Granite Pictures, as the company seeks to disentangle itself from a massive corruption case.

Hansen, former president and COO of Endgame Entertainment, will be tasked with inspecting the company’s books, monitoring transactions, and supporting the post-production and distribution of Red Granite’s next release, “Papillon.”

The U.S. Department of Justice alleges that Red Granite used funds stolen from a Malaysian development fund to produce “The Wolf of Wall Street,” “Daddy’s Home,” and “Dumb and Dumber To.” The government has been seeking to seize Red Granite’s portion of the proceeds of the films as one part of a much broader, multibillion-dollar effort to recover funds on behalf of the Malaysian people.

Red Granite has been seeking to settle the case, and hopes that Hansen’s appointment will speed that process along.

“As ongoing, productive settlement discussions continue, Red Granite’s management team will be working alongside Mr. Hansen and cooperating fully with the Justice Department to facilitate a resolution of this case so it can put the matter behind it,” the company said in a statement. “Post-production work on Red Granite’s upcoming release ‘Papillon’ remains unaffected and on schedule to prepare the film for distribution. The company’s other business operations continue unimpeded.”

Hansen is best known for executive producing films such as “Snowden,” “Looper,” and “Jobs.” The appointment will last for at least 30 days, and comes at Red Granite’s expense.

Federal prosecutors concurred in the appointment, and Judge Dale Fischer approved the arrangement last week.

More Film

  • Pinewood Studios James Bond

    Netflix's Shepperton Studios Deal Is Stretching the U.K.'s Production Limits

    Netflix’s huge new hub at Shepperton Studios outside London is a further fillip for Britain’s booming production sector. Amid jitters over Brexit and its effects on the economy, the streaming giant’s commitment is a vote of confidence in the U.K. entertainment industry and a continuing source of local jobs. But the decision by Netflix to [...]

  • Bottom of the 9th

    Film Review: ‘Bottom of the 9th’

    Nearly two decades after scoring an audience award at Sundance for “Two Family House,” a smartly understated yet deeply affecting indie about a Staten Island factory worker who deeply regrets stifling his showbiz ambitions, director Raymond De Felitta steps back up to the plate with “Bottom of the 9th,” another dramatically solid and emotionally satisfying [...]

  • THE BRIDGE - "Calaca" - Episode

    Endemol Shine Builds ‘The Bridge’ in Africa (EXCLUSIVE)

    DURBAN–Endemol Shine Group has sold the rights to adapt its critically acclaimed and highly popular Nordic Noir detective series “The Bridge” to Cape Town-based production company Both Worlds Pictures, Variety has learned exclusively. The series will feature an all-African cast and will be set around the Beit Bridge border crossing between South Africa and Zimbabwe. Originally known [...]

  • Durban Film Fest 2019

    Durban Fest Hails Film as ‘Conscience of Our Nation’

    DURBAN–When Ros and Teddy Sarkin raised the curtain on the first Durban Intl. Film Festival 40 years ago, the odds were long that their scrappy fest would survive its inaugural edition. The apartheid government and its draconian censorship board had a stranglehold on the films that reached South African theaters, banning the sorts of subversive [...]

  • Tiny: The Life of Erin Blackwell

    Film Review: 'Tiny: The Life of Erin Blackwell'

    “Streetwise,”  the classic and haunting 1984 documentary about homeless street kids in Seattle, is a movie that’s now 35 years old. But for anyone who has seen it, the children it’s about — drifters, hustlers, squatters, thieves, prostitutes — remain frozen in time. And none of them was ever more memorable than Tiny, the 14-year-old [...]

  • Animation Studio Fire

    Revenge Motive May Have Sparked Kyoto Animation Arson Attack

    Japanese media is speculating that revenge was the motivation for the arson attack on Kyoto Animation which killed 33 people on Thursday. Investigative sources quoted by Jiji Press on Friday said that the man in custody had a grudge against the studio. “Since [the studio] stole my novel, I poured out the liquid and set [...]

  • Terminator: Dark Fate Gabriel Luna

    'Terminator: Dark Fate' Cast Proud of Latinx Representation in Latest Installment

    The stars of the Tim Miller-directed “Terminator: Dark Fate” stormed the stage of San Diego Comic-Con’s Hall H on Thursday, but it wasn’t until after the panel — which included appearances from Arnold Schwarzenegger and Linda Hamilton — that Natalia Reyes, Gabriel Luna and Diego Boneta reflected on what makes the upcoming installment in the [...]

More From Our Brands

Access exclusive content