PalmStar Media

PalmStar Media Capital or PalmStar Entertainment is a film and television production and financing company based in Philadelphia. It was founded by its CEO, Kevin Frakes in 2010.[1]

History

PalmStar Entertainment was co-founded in 2004 by Kevin Frakes and Stephan Paternot. Later in 2010, the CEO Frakes co-founded PalmStar Media Capital with Peggy Taylor [2] and Frank Pollifrone.[3] In July 2017, PalmStar Media purchased all the assets of National Lampoon, Inc., including trademark and library of print, audio, movie, and video content.[4]

Collaboration deals

In October 2014, PalmStar Media signed on a multi-year financing deal with Basil Iwanyk's Thunder Road Pictures, and according to this agreement, Thunder Road would get $200 million funds from PalmStar Media.[5] Thunder Road would use it to fully finance and produce five to six independent films from $20 to $50 million budget range per year.[5]

In February 2015, PalmStar Media signed on a deal with Dylan Sellers' Rivers Edge Films to handle all company's production and development costs, and together, they would produce four to five films with budgets between $20 million to $40 million.[6] In August 2015, PalmStar Media signed a deal with Jeremy Renner and Don Handfield's production company 'The Combine' to produce two to three films per year together.[1]

PalmStar Media has also partnered with Anthony Bregman's Likely Story and Buddy Patrick's Windy Hill Pictures.[1]

gollark: ​http://static.allureofnds.net/images/siglinks/tophat.gif
gollark: You can *tell* it has too many, since it's sick.
gollark: I think the middle one does have a few too many views.
gollark: ``` code | type | clicks | uniqueViews | views | hoursRemaining | sick | createdAt | updatedAt -------+-----------+--------+-------------+-------+----------------+------+----------------------------+---------------------------- 5eA** | hatchling | 17 | 626 | 6607 | 156 | t | 2018-09-05 02:07:02.204+00 | 2018-09-05 15:39:52.716+00 30U** | hatchling | 4 | 1068 | 13067 | 103 | t | 2018-09-04 20:37:13.36+00 | 2018-09-05 15:39:53.115+00 dDW** | hatchling | 3 | 858 | 9532 | 153 | t | 2018-09-04 20:14:24.368+00 | 2018-09-05 15:39:53.116+00```
gollark: I'm not doing anything to them, just complaining at them.

References


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.