FilmNation & ZQ Entertainment Strike Feature Film Development Fund DealFebruary 22, 2023
FilmNation Entertainment and ZQ Entertainment have finalized a multi-year feature film development fund deal.
The first project to be developed under the initiative is Josephine Decker’s feature adaptation of Karen Russell’s 2011 Pulitzer Prize-nominated, best-selling novel Swamplandia!.
Decker is best known for her Berlinale and Sundance-selected features Madeleine’s Madeleine (2013) and Shirley (2020) as well as the recently released The Sky Is Everywhere Else for Apple TV+ and A24.
Russell’s Southwest Florida-set tale follows the story of 13-year-old Ava Bigtree who, after an illness befalls her mother, embarks out of her family’s Everglades theme park to piece her family back together.
Development on the feature is ongoing.
The new fund is the first collaboration between the two like-minded companies and is intended to pay for the development of feature films and create project co-financing opportunities.
The partnership will allow Glen Basner’s FilmNation to further expand its strategy of acquiring early-stage, high-profile development properties.
At the same time, it will broaden the film slate of Ara Keshishian and Petr Jakl’s upstart development and production company ZQ Entertainment in the global market.
Read the whole article on Deadline.