Star trio to fund and boost NYC-produced films
A veteran film producer, a star publicist and an entrepreneur are launching a New York City-centric fund to back and produce films that have been developed.
Investment fund Slice Entertainment Group is co-founded by award-winning TV/film producer Nikki Silver, public relations maven Shari Misher Stenzler and entrepreneur Barak Bar-Cohen, former chief operating officer of Bai Brands.
“We are looking to fund the next Spike Lees and Nora Ephrons who love New York as much as we do,” Misher Stenzler said.
The plan is to raise $15 million and to finance and curate a slate of New York “slice of life” independent films in the $2 million range. The fund is different from other New York production companies like A24, Broadway Video or RadicalMedia because Slice is not looking to develop projects from scratch.
“We are funding projects that have a completed script and usually a director already attached,” said Silver, who produced “The Giver,” starring Jeff Bridges and Meryl Streep, and “Monster,” which starred Jennifer Hudson.
“While most funds simply finance projects, we will also use our expertise to help attach a cast, distribute the film, market it and do the p.r. for it. That’s what makes us unique,” Misher Stenzler said.
The fund offers investors something of a “diversified portfolio approach” in an industry that historically restricts itself to investments in a single project, Bar-Cohen added.
Slice’s first project, Rashaad Ernesto Green’s “Premature,” a coming-of-age feature set in Harlem, recently premiered to positive reviews at the Sundance Film Festival.
The team says it is interested in adding a “Slice” in LA, London, Berlin and Tel Aviv.
Source: Read Full Article