Home > Lifestyle > Entertainment > Movies
Thursday September 26, 2013 MYT 12:00:00 AM
Thursday September 26, 2013 MYT 11:13:26 AM
NOTED international financier Robert Friedland recently launched Ivanhoe Pictures, a motion picture and television financing and production company.
Along with partners, producer John Penotti and Beijing-based media veteran Ray Chen, Ivanhoe Pictures is based in Hollywood with offices in Beijing and New York. The company will foster production opportunities in the United States and with focus on China, India, Korea and Japan.
The company will also select English and local-language films from a variety of global markets.
Friedland is the chairman of the company with Penotti as CEO and Chen as executive vice president.
“My long-held love of film and storytelling is a natural complement to the vision shared by John Penotti and Ray Chen. With the depths of their professional experience and guidance, Ivanhoe Pictures will be at the forefront of a thriving international film production and distribution marketplace. We will leverage Ivanhoe Capital’s resources in support of this exciting, new creative endeavour,” said Friedland in a press statement.
Chen added: “In Asia, the film industry continues to grow exponentially and presents compelling opportunities for the best writing, directing and acting talent in the world. Good stories are global, not culturally specific, and we are proud to be part of this venture.”
Friedland is a significant figure in the worlds of finance, venture capital and mineral resources. He was an initial, key investor in Sina.com, the largest Chinese-language online infotainment portal. Ivanhoe also provided founding venture capital for US-based Sirius Satellite Radio, which boasts SiriusXM as the world’s most successful digital satellite radio service.
Penotti is the producer of more than 30 films, including Oscar-nominated In The Bedroom starring Sissy Spacek and Marisa Tomei.
“This is a tremendous opportunity to find and nurture the best talent and projects worldwide. Together with Ray’s extensive experience and long-standing relationships within Greater Asia, and our infrastructure globally, we are elated to offer Ivanhoe Pictures as a new finance and production destination,” said Penotti.
Tags / Keywords:
Entertainment, Ivanhoe Pictures, Robert Friedland, Ray Chen, John Penotti
Copyright © 1995-2013 Star Publications (M) Bhd (Co No 10894-D)