Companies partner for largest motion picture pact in Louisiana history
Partners pledge producation of up to 15 theatrical motion over three years
By Staff Report - Sep 28, 2006
(NEW ORLEANS, LA) SEPT. 14 -Sam Nazarian's Los Angeles based Element Films and New Orleans based LIFT Films are partnering in a new motion picture production financing agreement with the potential total production outlay to exceed $200 million in the state of Louisiana.
The agreement will allow the two film companies to develop and fund the production of a minimum of eight, and as many as 15, motion pictures for theatrical distribution over the next three years. Under terms of the agreement, the projects will film only in Louisiana.
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