Confiance Film Products PCC is a Channel Island Stock Exchange listed cell company built in conjunction with UK-based investment adviser High Fliers Film and Guernsey-based law firm, AO Hall.
The company said the first fund of the PCC will aim to invest in a mix of films with different genres and budgets, “preferably with an A-list director and an A-list lead actor or actress” and to acquire the distribution rights to those films and then distribute those films through cinema, DVD, video-on-demand, TV and other auxiliary formats such as the internet and airline entertainment systems.
Ian Hunt, managing director of Confiance Fund Services, said: “Confiance Film Products PCC Limited was developed to fit in with the needs of the film market.
“It also enables those investors looking for a different asset class with identifiable returns to invest into. The concept was to utilise the experience both at Confiance and Guernsey in general to enable a broader business development approach to encompass distribution, production, branding and finance within the film arena.”
Confiance said future cells may also list on the Channel Islands Stock Exchange.
