EXCLUSIVE: Well, it didn’t take long to find out where New Myth will be finding the money to make tentpole-sized movies.
A group of investors and distributors led by New Myth and Toonz
Entertainment Pte Ltd have launched Epiphany, a $200 million film fund
that intends to strategically build a content platform and invest in a
slate of event films with an eye toward global appeal. Epiphany aims to
get involved as producer and co-financier of franchise films with major
studios. It starts with New Myth and Toonz and also in the investor
group is European distributor A-Company, an affiliate of AR Film in
Russia.
New Myth is a Hollywood-based production company founded by principals
Tom DeSanto, David Ranes, Grace Oppenheimer and Wayne Duband. Epiphany
will co-finance its projects. Toonz is one of the largest animation and
VFX studios in Asia, and it has worked with Marvel, Hasbro and Hallmark
to become one of Asia’s biggest animation suppliers.Epiphany is advised by Premila Hoon of Entertainment Advisers, the structuring agent, adviser and arranger.
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