Tuesday, November 1, 2011
Leading Edge backs 'Looper,' 'Parker' pix
Leading Edge Films has committed to the approaching features "Parker" and "Looper" by supplying purchase of music budgets and music supervision for that films. Leading Edge introduced the deals Tuesday, to which it'll receive privileges towards the films' music later on. Three-year-old Leading Edge provides advance funding in excess of 140 films, most particularly "The King's Speech." "Parker," just wrapped and stars Jason Statham and Jennifer Lopez, and it is directed by Taylor Hackford. CEG's investment ended with Incentive Shot Entertainment, that is funding the film together with Current Entertainment and Sidney Kimmel Entertainment. "Looper," directed by Rian Manley from their own script, is funded by Endgame Entertainment and stars Frederick Gordon Levitt and Bruce Willis. "These deals all involve films with large casts and noted filmmakers that experience the worldwide level, that is our sweet place," stated CEG chief professional Philip Moross. CEG's business design involves evolving funding for any film's music budget (including scoring, clearances and music supervision) too as with-kind services. After that it recoups its investment via soundtrack and written music sales, plus, certification and royalties from worldwide ticket sales and TV deals. Leading Edge introduced in May at Cannes it had committed to romantic comedy "Lola Versus" and Nicolas Winding Refn's actioner "Drive," starring Ryan Gosling, Carey Mulligan and Christina Hendricks. In 2008, Leading Edge received a preliminary investment of $15 million from investor Aberdeen Resource Management, and hang up its first multipicture cope with Joel Silver's Dark Castle Entertainment last year. Contact Dork McNary at dork.mcnary@variety.com
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