×
You will be redirected back to your article in seconds

The Exchange, Forest Road Team on Roadrunner Capital Fund (EXCLUSIVE)

In a pre-Cannes Film Festival move, production-financing-sales company the Exchange and specialty finance company Forest Road are launching their $50 million fund, Roadrunner Capital.

The fund has already provided capital for the SXSW project “Shotgun,” helmed by Hannah Marks and Joey Power. Roadrunner will be co-managed by the Exchange and Forest Road executives, with offices in New York and Los Angeles.

The sole purpose of the joint venture fund is to lend capital to responsible production companies at below-market rates in a seamless manner. As a sales-distribution outfit, the Exchange will sell some of the fund’s projects, but not all.

Forest Road offers low-cost financing options for tax-related collateral among various industries and subsectors, and this partnership is aimed at accelerating its expansion into independent film and television financing.

“Even at its infancy, we’re already seeing how Roadrunner has a competitive advantage in the marketplace. We’re very excited for the many opportunities we can participate in with Roadrunner and believe it will grow to be a valuable partner to independent film and TV productions,” said Brian O’Shea, CEO of the Exchange.

Zachary Tarica, founder of Forest Road Company, said, “We are providing solutions to the independent film and television community-at-large, and the preliminary meetings we’ve had prior to launch have demonstrated to us just how much demand there is for this type of fund and service.”

The Exchange is currently in pre-production for “The Stand-In,” starring Drew Barrymore, who is also a producer on the project. It recently wrapped principal photography on “The Corrupted,” starring Sam Claflin.

O’Shea and Caddy Vanasirikul from the Exchange and Tarica from Forest Road negotiated the deal.

More Film

  • Ventana Sur Rocks with Sales, Mass

    Ventana Sur Rocks with Sales, Mass Attendance, Structural Growth

    BUENOS AIRES — Celebrating its 10th anniversary with a huge hike in attendance to over 4,000 accredited delegates, the 2018 Ventana Sur will go down in history on multiple counts: Sales and pick-ups on movies which combined social comment and entertainment value, increasingly the new foreign-language movie standard; new sections, led by a Proyecta co-production [...]

  • Ventana Sur: Aparicio Garcia Pitches Sports

    Uruguay’s Aparicio Garcia Pitches Sports Journalism Dark Comedy ‘Matufia’

    Uruguay’s Aparicio García impressed with his one-of-kind debut earlier this year, the grindhouse rural mobster comedy “La noche que no se repite,” and the filmmaker has now participated in Ventana Sur’s Proyecta section with his next project, the dark comedy thriller “Matufia.” García’s Isla Patrulla is so far the only producer, but his participation at [...]

  • UGC Distribution Closes on Mariano Cohn’s

    Ventana Sur: UGC Distribution Closes Market Hit ‘4 x 4’ (EXCLUSIVE)

    BUENOS AIRES — UGC Distribution has beaten out all other suitors to clinch what had became by Friday morning the most anticipated deal of this year’s Ventana Sur market: All rights to France on Argentine Mariano Cohn’s “4 x 4,” sold by Latido Films and distributed throughout Argentina by Disney. After mounting speculation about which [...]

  • Aquaman 2018

    Film News Roundup: 'Aquaman' Hits $152 Million at International Box Office

    In today’s film news roundup, “Aquaman” has already grossed more than $150 million outside the U.S., Michael Masini joins “Birds of Prey,” and Freestyle buys the documentary “Shamanic Trekker.” BOX OFFICE Warner Bros.’ tentpole “Aquaman” has taken in $152 million overseas in 36 markets, with $135 million of that from China, where it opened on [...]

  • 'Winter's Night' Review: Enigmatic, Offbeat Korean

    Tallinn Film Review: 'Winter's Night'

    There are thousands of films about love’s beginning, and a great many about love’s end. But far fewer deal with a relationship’s late-middle: the spreading, sluggish delta of coupledom when decades of familiarity, if they have not bred contempt, at least threaten irritation. “Winter’s Night,” Jang Woo-jin’s playfully melancholic third feature, after the acclaimed “A [...]

  • Tomasz Kot UTA

    UTA Signs ‘Cold War’ Star Tomasz Kot (EXCLUSIVE)

    UTA has signed “Cold War” star Tomasz Kot. He has appeared in more than 30 films and 26 plays as well as dozens of television series. Most recently, Kot has received award-season buzz for his starring role as Wiktor in Pawel Pawlikowski’s feature “Cold War” for Amazon. The project has earned him a nomination for [...]

  • Kenneth Branagh's 'All Is True' Opening

    Kenneth Branagh's 'All Is True' Opening Palm Springs Film Festival

    The 30th annual Palm Springs International Film Festival will open on Jan. 3 with historical drama “All Is True,” starring Kenneth Branagh, Judi Dench, and Ian McKellen. Branagh, who will be in attendance at the opening night screening, directed from Ben Elton’s script about the little-known period in the final years of William Shakespeare. Branagh [...]

More From Our Brands

Access exclusive content