In a strategic move, Blue Fox Entertainment Group has acquired the majority stake in its financing subsidiary, Blue Fox Financing, bringing the lending platform fully under its umbrella. The company has also secured a substantial fund, running into the eight figures, to support its growing financing offerings for filmmakers and financiers.

Unlocking New Opportunities for Independent Filmmakers

Integrating Blue Fox Financing

Blue Fox Entertainment Group (BFEG), the parent company of the U.S. film distribution and international sales company Blue Fox Entertainment, has completed the buyout of partner Patrick Rizzotti's majority stake in Blue Fox Financing. This integration allows the funding entity to leverage a newly closed fund directly benefiting filmmakers and financiers working with Blue Fox Entertainment on distribution and sales.

The acquisition of the remaining interest in Blue Fox Financing solidifies BFEG's control over the marketplace, which was launched in 2018 by Rizzotti under the name Crossroad Lending. The platform connects filmmakers with banks, private lenders, and individual investors, providing a crucial link in the independent film financing ecosystem. Rizzotti will remain as the president of the financing company, ensuring a seamless transition and continued leadership.

Securing a Multimillion-Dollar Fund

While the exact dollar amount of the newly closed fund was not disclosed, the company expects it to grow further in the coming year as additional investors come on board. This fund will support various lending opportunities, including tax credits, U.S. minimum guarantees, international presales (including from Blue Fox Entertainment), and gap financing.

The availability of this fund represents a significant boost for independent filmmakers and financiers working with Blue Fox Entertainment. By having access to a dedicated pool of capital, the company can offer more comprehensive financing solutions, going beyond the traditional debt and financing options typically available from major lenders.

Expanding into Distribution

In addition to its lending and acquisition activities, Blue Fox is also pursuing deals in the distribution space. This strategic move allows the company to provide a more holistic suite of services to its clients, from development to global audience reach.

By integrating the financing arm and securing a substantial fund, Blue Fox Entertainment Group is positioning itself as a one-stop solution for independent filmmakers. This comprehensive approach, encompassing distribution, sales, and now direct lending, creates a seamless pipeline for projects to reach a global audience.

Unlocking Synergies and Growth Opportunities

James Huntsman, the leader of BFEG, emphasized the significance of this agreement in the company's long-term growth strategy. With Blue Fox Financing now under the BFEG umbrella, the group can offer filmmakers an unparalleled package, including U.S. distribution, Canadian distribution, international sales, and practical funding options.

This integration is expected to drive synergies and unlock new opportunities for both Blue Fox Entertainment and its financing arm. By leveraging the combined resources and expertise, the company can provide independent filmmakers with a comprehensive solution, from development to global distribution, further strengthening its position in the industry.