When a region finds itself in a mess, the money from that region will find its way to other parts of the world. That's how the Middle East money have found its way as the majority financiers in the just released Hollywood blockbuster "2 Guns", starring Denzel Washington, with a $43 million+ investment.
FFA Private Bank, a Middle Eastern investment bank based in Lebanon and Dubai, has gathered 40 investors to invest a majority share in the $86 million movie, alongside other investors such as a Delaware-based "Dubai Media LLC". (Like the Hungarian airline that DubaiBeat.com featured last week, this investment also started with an email: “A couple of years ago, by chance, I was sent an email from a friend from overseas who said we have this interesting opportunity” the head of investment banking at FFA, Julien Khabbaz told the Daily Star newspaper)
To see listing and contact emails of investment firms from the Middle East check our Middle East Investors Directory.
More details follows:
FFA Private Bank hosted the Middle East premiere of the Hollywood blockbuster 2 Guns, a movie starring Denzel Washington and Mark Whalberg, on August 21st at Grand Cinemas in ABC Achrafieh.
Co-financed by FFA Private Bank, which represents more than half of the movie’s equity financing, 2 Guns (budget of USD 86M) is an action-comedy movie that reached the #1 spot at the US box office upon its release.
The movie, written by Blake Masters (Law & Order) and directed by Baltasar Kormákur (Contraband), is based on a 5-issue graphic comic book by Steven Grant. 2 Guns is a pulp story that talks about cops and thieves and the men that are something in between. In the graphic novel, Bobby (Oscar and Golden Globe winner Denzel Washington) has targeted a local bank to rob, and asked Stig (Oscar and Golden Globe nominee Mark Wahlberg) in on the job. Bobby figures it's a great way to score – considering it's a cover for mob money. They'll be thieves ripping off thieves. But what Stig doesn't know is that Bobby is a DEA agent. And what Bobby doesn't know is that Stig's got his own secret and isn't who he appears to be.
FFA Private Bank co-finances “TWO GUNS” movie starring Denzel Washington and Mark Wahlberg
Beirut, October 31st 2012
FFA Private Bank‘s Investment Banking Division has completed a private placement for the Hollywood action-comedy motion picture entitled Two Guns, starring Denzel Washington and Mark Wahlberg.
The movie, written by Blake Masters (Law & Order) and directed by Baltasar Kormákur (Contraband), is already in production and has a budget of $84M. It is expected to be released in August 2013, with distribution by Universal Studios in the US markets and Sony Pictures in International territories.
The movie is produced by Emmett / Furla Films, a film production and financing company that helped produce movies such as King of California and the recent Conan the Barbarian. Based on a 5-issue graphic comic book by Steven Grant, Two Guns is a pulp story that talks about cops and thieves and the men that are something in between.
Denzel Washington is well known for his roles in Training Day, Man on Fire, American Gangster, Unstoppable and Safe House. Washington has received two Academy Awards, two Golden Globe awards and a Tony Award.
Mark Wahlberg is well known for his roles in films such as Planet of the Apes, The Italian Job, Four Brothers, The Departed, Invincible, Contraband and Ted. He was nominated for an Academy Award for best supporting Actor and Best Performance by an Actor in a Supporting Role.
Other investors include Envision Entertainment, Dubai Media LLC, and Aquarius Media Ltd.
FFA Private Bank, one of the region’s leading banking groups in the fields of Wealth Management, Capital Markets and Investment Banking, is headquartered in Beirut, with a fully owned subsidiary the Dubai International Financial Center (DIFC).
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