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- The_Film_Department abstract "The Film Department (TFD) is an independent movie production, finance and international sales company based in West Hollywood, California. The company was founded by Warner Independent Pictures and Miramax president Mark Gill and former Yari Film Group COO and Miramax veteran Neil Sacker.TFD received initial funding in the form of a $200 million capitalization from G.E. Capital, which was to allow them to produce 6 films per year budgeted between $10 and $45 million. TFD's intention was to make star-driven, commercial pictures at the high end of every genre aimed at a worldwide audiences. Allen & Company also played a major role in financing the project.In July 2008, The Film Department and Downtown Music Publishing announced the formation of a new music film company and partnership, TFD Music. Through the partnership, Downtown Publishing will serve as the exclusive, worldwide administrator for the TDF Music copyrights and master recordings, and offer music supervision and soundtrack consulting services for motion pictures.TFD's first release, “Law Abiding Citizen”, has generated $73 million of ticket sales. But The Film Department still hasn’t paid off all the release expenses. And its second film, starring Catherine Zeta-Jones, doesn’t have distribution yet.Despite announcing plans for an initial public offering in February 2010, all TFD has to show for itself after two years of moviemaking is one hit and $34 million of losses.The Film Department owes $62.3 million against $1.9 million of unspoken-for cash. Missed interest payments last summer put the firm in default, and attempts to raise new equity over the summer failed. Lenders are granting some leniency in hope of getting paid with I.P.O. proceeds.According to Reuters, TFD will use about 40 percent of the $85 million it wants to raise to shrink debt. That will leave enough to finance just two more films before it embarks on another $160 million of borrowing."".
- The_Film_Department wikiPageExternalLink -.
- The_Film_Department wikiPageExternalLink -.
- The_Film_Department wikiPageExternalLink film-department-holdings-ipo-girard-ipo-solutions.html-.
- The_Film_Department wikiPageExternalLink index.php?flash=no-.
- The_Film_Department wikiPageID "18635103".
- The_Film_Department wikiPageRevisionID "584726376".
- The_Film_Department hasPhotoCollection The_Film_Department.
- The_Film_Department subject Category:Film_production_companies_of_the_United_States.
- The_Film_Department subject Category:West_Hollywood,_California.
- The_Film_Department type Abstraction100002137.
- The_Film_Department type Company108058098.
- The_Film_Department type FilmProductionCompaniesOfTheUnitedStates.
- The_Film_Department type Group100031264.
- The_Film_Department type Institution108053576.
- The_Film_Department type Organization108008335.
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- The_Film_Department type Agent.
- The_Film_Department type Company.
- The_Film_Department type Organisation.
- The_Film_Department type Organization.
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- The_Film_Department type Thing.
- The_Film_Department comment "The Film Department (TFD) is an independent movie production, finance and international sales company based in West Hollywood, California. The company was founded by Warner Independent Pictures and Miramax president Mark Gill and former Yari Film Group COO and Miramax veteran Neil Sacker.TFD received initial funding in the form of a $200 million capitalization from G.E. Capital, which was to allow them to produce 6 films per year budgeted between $10 and $45 million.".
- The_Film_Department label "The Film Department".
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- The_Film_Department wasDerivedFrom The_Film_Department?oldid=584726376.
- The_Film_Department isPrimaryTopicOf The_Film_Department.