>Crown Productions, the film financing subsidiary of diversified insurance platform A-CAP, will lead the recapitalization and own 100% of STX. The CEO is Peter Coleman, a board member and chief executive of Film Services International (FFI), a holding for historic completion bond company Film Finances, the global leader in the space, and a group of production and post-production firms, which will all become sister companies of STX.
>Coleman said STX will focus on making quality films with budgets up to $20 million. It’s aiming to start with two to three this year and double that in 2027 with an initial slate announcement coming over the next month.
>Sam Brown, President of STX Film & Television, remains in place in this latest iteration of the indie film producer
Narrow_Economics3286 on
Really loved Molly’s Game and The Gentlemen. What will STX be when their own founders and CEO are exiting it? Seems really fishy.
KingMario05 on
Welcome back, STX. Yay?
Gold_Touch_4280 on
With Black Bear, Row K and now STX along with WB launching a new indie label and Paramount Hiring Lia Buman to run Republic Pictures, I’m feeling that we’re going to get a Revival of Mid-Budget studios. Other than A24 and Neon.
6 Comments
>Crown Productions, the film financing subsidiary of diversified insurance platform A-CAP, will lead the recapitalization and own 100% of STX. The CEO is Peter Coleman, a board member and chief executive of Film Services International (FFI), a holding for historic completion bond company Film Finances, the global leader in the space, and a group of production and post-production firms, which will all become sister companies of STX.
>Coleman said STX will focus on making quality films with budgets up to $20 million. It’s aiming to start with two to three this year and double that in 2027 with an initial slate announcement coming over the next month.
>Sam Brown, President of STX Film & Television, remains in place in this latest iteration of the indie film producer
Really loved Molly’s Game and The Gentlemen. What will STX be when their own founders and CEO are exiting it? Seems really fishy.
Welcome back, STX. Yay?
With Black Bear, Row K and now STX along with WB launching a new indie label and Paramount Hiring Lia Buman to run Republic Pictures, I’m feeling that we’re going to get a Revival of Mid-Budget studios. Other than A24 and Neon.
https://preview.redd.it/zsljxzmv06cg1.jpeg?width=1031&format=pjpg&auto=webp&s=30e272ffc2d925b0a51e74e32977a554af12c5be
Huh, I noticed STX’s wikipedia page had been recently(?) cleaned up, removing some of the 2018-2020 insane series of disasters they ran into.