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Tuesday, March 24, 2009

LOCAL INVESTMENT FIRM CONSIDERS HOLLYWOOD FILMS

Bits of news continue to trickle out in reaction to Michigan's recent passage of tax incentives for films. Plans for permanent studios and local financing are just two signs that the movie industry could become a nice niche market for Michigan.

Excerpt:

Joel Eisenstein wants to make a hit movie in Michigan.

The Hollywood deal maker is with the All Cities Media Group, a Los Angeles film networking organization that helped finance The Hulk and other summer blockbusters. He's meeting next month with O'Keefe Investment Banking in Bloomfield Hills to consider forming a local partnership.Eisenstein said it will be the first time ACMG set foot outside of Southern California. If the deal works, it could end up paving the way for hundreds of millions of potential investment dollars for the Michigan film industry.

See the article in its entirety here

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