West Palm Beach (HedgeCo.net) – Noci Pictures Entertainment has launched a one-stop global film finance and production service consulting division. The fund is aimed at hedge funds, ultra high net worth investors, tax credit buyers, purchaser representatives, family offices, and private equity firms.
According to Noci, "Many established filmmakers and agencies involved in independent film finance and packaging face the same dilemma of throwing multiple film projects against the wall and hoping one will stick with a limited number of studios and private equity."
With a plethora of incentives ranging from United States state and federal tax incentives that in some instances can be monetized upfront to cover a portion of a budget and offset risk to private equity investors, to overseas co-production incentives that can be maximized to finance quality films, Noci Pictures Entertainment’s stratrgy is to be a one stop resource, including arranging debt finance, foreign sales agency representation, talent packaging, and more.
Countries such as Canada, UK, Ireland, South Africa, Germany, Australia, And New Zealand have film finance incentives that can be accessed to finance any number of film projects, according to the company.
Alex Akesson
Editor for HedgeCo.Net
Email: alex@hedgeco.net
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