×
You will be redirected back to your article in seconds

Forest Road, GreenSlate Partnering on Entertainment Financing (EXCLUSIVE)

Finance company Forest Road and entertainment payroll specialist GreenSlate Co. have launched a new strategic partnership, Variety has learned exclusively.

Under the deal, Forest Road will engage GreenSlate as its preferred service provider to independent film and television producers for its low-cost financing options for tax-related collateral. GreenSlate’s clients have included “I, Tonya,” “Moonlight,” TBS’s “Search Party” and Comedy Central’s “Broad City.”

The partnership combines GreenSlate’s digital offerings for payroll, accounting, and tax incentive management with Forest Road’s financing model and comes on the heels of the formation of Roadrunner Capital, Forest Road’s joint venture with The Exchange as a one-stop solution for distribution, payroll and financing needs. Projects will be co-managed by GreenSlate and Forest Road executives.

“Over the last year, we have been asking ourselves how to vertically integrate a suite of services for the independent film industry,” said Forest Road founder Zachary Tarica. “We are trying to provide solutions to the independent film and television community at large, and the natural partner was GreenSlate, which is a first-class payroll company with a tremendous presence in the independent industry.”

Miguel Batista, GreenSlate’s director of tax credit management, said, “Understanding the unique needs of film and television content creation, particularly within the independent space, underpins how GreenSlate and Forest Road plan to make the business of production easy. We’re offering a more efficient and less burdensome process, so producers can focus on content development.”

GreenSlate was formed a year ago when production payroll specialist Indiepay rebranded itself, unveiling enhanced payroll and accounting software.

More Film

  • FX's 'Snowfall' Panel TCA Winter Press

    John Singleton Hospitalized After Suffering Stroke

    UPDATED with statements from John Singleton’s family and FX Networks John Singleton, the Oscar nominated director and writer of “Boyz N’ the Hood,” has suffered a stroke. Sources confirm to Variety that Singleton checked himself into the hospital earlier this week after experiencing pain in his leg. The stroke has been characterized by doctors as [...]

  • 'Curse of La Llorona' Leads Slow

    'Curse of La Llorona' Leads Slow Easter Weekend at the Box Office

    New Line’s horror pic “The Curse of La Llorona” will summon a solid $25 million debut at the domestic box office, leading a quiet Easter weekend before Marvel’s “Avengers: Endgame” hits theaters on April 26. The James Wan-produced “La Llorona,” playing in 3,372 theaters, was a hit with hispanic audiences, who accounted for nearly 50% [...]

  • Jim Jarmusch in 'Carmine Street Guitars'

    Film Review: 'Carmine Street Guitars'

    “Carmine Street Guitars” is a one-of-a-kind documentary that exudes a gentle, homespun magic. It’s a no-fuss, 80-minute-long portrait of Rick Kelly, who builds and sells custom guitars out of a modest storefront on Carmine Street in New York’s Greenwich Village, and the film touches on obsessions that have been popping up, like fragrant weeds, in [...]

  • Missing Link Laika Studios

    ‘Missing Link’ Again Tops Studios’ TV Ad Spending

    In this week’s edition of the Variety Movie Commercial Tracker, powered by the TV ad measurement and attribution company iSpot.tv, Annapurna Pictures claims the top spot in spending for the second week in a row with “Missing Link.” Ads placed for the animated film had an estimated media value of $5.91 million through Sunday for [...]

  • Little Woods

    Film Review: 'Little Woods'

    So much of the recent political debate has focused on the United States’ southern border, and on the threat of illegal drugs and criminals filtering up through Mexico. But what of the north, where Americans traffic opiates and prescription pills from Canada across a border that runs nearly three times as long? “Little Woods” opens [...]

  • Beyonce's Netflix Deal Worth a Whopping

    Beyonce's Netflix Deal Worth a Whopping $60 Million (EXCLUSIVE)

    Netflix has become a destination for television visionaries like Shonda Rhimes and Ryan Murphy, with deals worth $100 million and $250 million, respectively, and top comedians like Chris Rock and Dave Chappelle ($40 million and $60 million, respectively). The streaming giant, which just announced it’s added nearly 10 million subscribers in Q1, is honing in [...]

More From Our Brands

Access exclusive content