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Warner, Gulfstream Pictures and Redrover $ 200 Million deal

Warner Bros. has signed an exclusive first-look deal with Mike Karz and Bill Bindley’s new film production and financing company, Gulfstream Pictures. The $ 200 Million two-year pact will start with an initial multimillion-dollar development fund from Korean 3D stereoscopic company Redrover Ltd. and a consortium of U.S. private equity funds.

Gulfstream plans to produce and co-finance two films per year, starting with The Nut Job,” a $45 million animated feature directed by Peter Lepeniotis for Redrover and Toonbox Entertainment, a Toronto-based animation studio, which becomes a sister company to Gulfstream.

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The nut Job Storyline

This family Animation in 3D is about two best friends Surly the Squirrel and Buddy the rat who are both street-wise rodents that go about life minding their own business and not bothering anyone, that is until one day when their peaceful, happy world is turned upside down when their city park home upended. A great movie for young and old children.

 About Gulfstream

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Gulfstream Pictures is Mike Karz and Bill Bindley’s new film production and financing company. Bindley and Karz are currently producing two films for Warners: “West Texas United,” a comedy with Russell Brand attached to star, and “Say Uncle,” a family comedy, with Bindley attached to direct. Bindley directed the Jim Caviezel-starrer “Madison,” a Sundance Film Festival favorite, distributed by MGM Pictures.

About Redrover

Redrover Ltd. has been running optical 3D stereoscopic monitors with the best resolution, 3D stereoscopic projectors, stereoscopic camera rig systems, 3D authoring software, and a global contents business, based on over 10 years of 3D stereoscopic technology development know-how. Redrover started the development of the 3D stereoscopic industry with the participation of college professors and researchers in 2000, and obtained patents from 30 countries, including Korea, and established a global network in major trading countries, including the U.S, Canada, China, and Japan.

Info

Visit RedRover for more info.

Source: TheWrap, Eon Business Wire.