Film Financing – Weinstein Co. Keeps The Ball In The Air
You know I told you, “Filmmaking Is Juggling?”
Sometimes you are juggling great, sometimes not so, but first in your mind is Keeping The Ball In The Air.
$150 MM is not a lot of money, as the average cost of a movie now is $60 MM, but it ties up some loose ends, and pays off their three-year-old Goldman Sachs and other notes, according to the LA Times.
I am so glad to hear it. I think what’s good for Weinstein Co. is good for the movie biz.
If Harvey can get money, there is money to be had, and that’s what is needed. Takes money to make money. Go Harvey!