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Quote of the day:
"There is a large element of me in every role I do. Actors who say they can dive inside a character are either schizophrenic or lying." -- Bruce Campbell |
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 Billionaire Allen Expands Entertainment Empire
By Sushuma on February 25, 2000 6:53 PM
(Variety)-Billionaire Paul Allen is expanding his entertainment empire across the Atlantic. Clear Blue Sky Productions, his Seattle-based film company, has entered into a long-term alliance with the UK's Renaissance Film. The alliance brings together two indies with unusually deep pockets. Clear Blue Sky is banrolled by Allen, co-founder of Microsoft and an investor in DreamWorks. Renaissance raised equity last year from Hermes Investment Management to the tune of $40 million - the largest sum ever committed to a British film company by a London institution. The partners have struck a 3-year deal to produce and co-finance a minimum of 5 films, with Renaissance handling worldwide sales.
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