FilmHedge CEO and Founder Jon Gosier L and Riveting Entertainment Group Partner Scott Sheridan R
FilmHedge and Southbox Entertainment Founder and CEO Jon Gosier Joins Group as Investor and Strategic Advisor
Film and TV finance company FilmHedge<https://filmhedge.com/> has entered into a $25 million first-look financing production partnership with Riveting Entertainment Group<https://rivetingentertainment.com/> to significantly expand Riveting Films, the companies announced today from the Festival de Cannes, where FilmHedge is a hosting sponsor of the Producers Network. The companies will collaborate on a broad slate of feature length films with the first one planned to begin production within the year.
As part of the partnership, film and television production company Southbox Entertainment<https://southboxent.com/> (COLLATERAL DATA, WITCH HUNT, RISE, PHOBIAS, SKYLINES) has the option to provide additional equity financing to the premiere collaboration, as well as future productions from Riveting Films. Jon Gosier, who helms both FilmHedge and Southbox Entertainment, joins Riveting as investor and strategic advisor. Gosier brings deep knowledge and connections in the film and music industries to his role having founded Audigent<https://audigent.com/>, a music-tech platform providing artists Camila Cabello, Eminem, Post Malone, Blake Shelton, Bruno Mars, Ed Sheeran, Shakira, Rihanna, Jay-Z, and others with new ways of understanding and monetizing audience data.
“Riveting Entertainment Group is one of the industry’s most well-respected creators of music videos and documentaries, having produced videos for many of this generation’s chart-toppers,” said Jon Gosier, Founder and CEO of FilmHedge and Southbox Entertainment. “Our investment in Riveting Films will propel the company’s transition to the production of original feature length film and TV content. We look forward to working with the incredibly talented team at Riveting as they expand their pursuit of creating culturally-relevant stories.”
Riveting has produced content for Drake, Justin Beiber, Lady Gaga, Jack Harlow, Missy Elliott, Ludacris, Redman, and other top talent.
“A world of opportunity lies ahead for Riveting as we enter an aggressive expansion phase in partnership with Jon Gosier, FilmHedge, and Southbox Entertainment, whose investment speaks volumes to our shared filmmaking vision,” said Andrew Listermann, Founder and CEO of Riveting Entertainment Group. “We are particularly excited about building our film and TV catalog alongside Jon and his team, who will be instrumental as we grow.”
FilmHedge is a title sponsor of the Marché du Film International Film Finance Forum and the Festival de Cannes Producers Network. Gosier will be a Guest of Honor at the Producers Network Breakfast on Monday, May 22, at 9 am local time, during which time he will host a discussion on private film finance. Festival badge holders are invited to attend.
About FilmHedge
Founded in 2020, FilmHedge is a fintech platform that provides private credit and financing solutions to qualified TV and Film producers, offering up to $10 million per film or TV production. In addition to financing, the company uses data to track film and TV production financial data, interest rates, and the creditworthiness of producers and production companies. In 2022 FilmHedge closed $100 million in financing to meet growing demand.
About Southbox Entertainment
Southbox Entertainment is focused on important true-to-life dramas, thrillers, comedies that draw from intellectual property acquired from around the globe. Southbox is an independent motion picture and television production company that specializes in financing, co-financing, and developing original scripted and unscripted content.
About Riveting Entertainment Group
Riveting Entertainment Group the parent company for its multi-award-winning production company, music label, film division and talent management services. Founded in 2008 by CEO Andrew Listermann, Riveting touts a roster of top-level film and music directors, and has produced content that generated over 20 billion views online. Riveting’s client list includes the likes of Lady Gaga, Justin Bieber, Drake, DJ Khaled, Chris Brown, Redman, Backstreet Boys, Diddy, Mary J Blige, Post Malone, G-Eazy, Nicki Minaj, Tyga, Usher and many more. Riveting released the feature film documentary “Mary J Blige: Strength of a Woman.”
About Riveting Films
Riveting Films is an independent film development, production and distribution studio. Utilizing its 15+ years of experience and connections in the entertainment industry, Riveting Films works with top level talent, directors and producers to create compelling and impactful films that shape culture. From documentaries to scripted feature films, Riveting Films prides itself on its ability to deliver engaging, high-end productions that connect to a global audience.
About Riveting Music Group
Riveting Music Group is an independent music label that partners with artists to create, release and market music, visuals, merch and concerts. Riveting Music has released a large catalog of content with Redman, Lyrica Anderson, Nessly, Eric Bellinger, Chanel West Coast, Cal Scruby, Baker Grace, and many more.
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21.05.2023 | Cannes Market Dailies's blog
Cat. : FILM