clear clear clear clear clear
clear
Movies
   Scoops & News

Priyadarshan & Woodpecker strike a 100 crore deal



January 18, 2010 3:48:52 PM IST
Bollywood Trade News Network
Send to Friend

WOODPECKER and PRIYADARSHAN

WOODPECKER and PRIYADARSHAN


Four Frames the decade old production house of the foremost film maker with the best strike rate, Priyadarshan, has struck a major breakthrough US 20 million $ (approximately Rs 100 Crore) deal, with a U.S based Entertainment Fund, Woodpecker Holding Inc. USA through their Indian subsidiary company, Woodpecker Pictures & Entertainment Ltd .

As per the arrangement agreed upon between the two companies, Four Frames have been assigned to produce on behalf of Woodpecker Holdings, 2 Hindi Feature Films.

Both the films will be directed by Priyadarshan himself.

To further consolidate its association with Four Frames, Woodpecker is also in negotiations for a mainstream international movie with a Top Hollywood Cast to be shot in Mexico, which Priyadarshan would be directing as part of the third project of this joint venture.

Throwing light on the joint venture, Priyadarshan confirmed the deal saying, "Yes, we at Four Frames have entered into an infrastructural and investment joint venture, wherein Woodpecker will be forwarding the entire investments for the desired productions, which Four Frames will produce on their behalf."

The Chief Architect and Promoter of Woodpecker Holdings Inc. USA, Mr. Rajesh Bhatia, elaborates the enterprises, "Whilst observing the rough weather many Corporates recently experienced in the Indian entertainment industry, we at Woodpecker decided to put our initial investments under a single dependable and dedicated umbrella. There could be no seat-belt safer than Priyadarshan, to secure our ride in this roller-coaster business."

The first Woodpecker-Four Frames Production goes on floors in April 2010 with a start-to-finish 60 days schedule in Chennai and Europe. While the second film will be still another start-to-finish venture between September & December 2010.

So looks like Woodpecker has monopolized Priyadarshan for 2010.

When asked to divulge details on the starcast for both the films, Rajesh Bhatia revealed, "For us Priyadsarshan is our trump card. And biggest Star. The rest of the creative decisions from casting to concepts are solely at his discretion."



 
 

 More on Glamsham


- Akshay Kumar wraps the shoot of TOILET - EK PREM KATHA - News
- Arjun Kapoor & Shraddha Kapoor go back to college - News
- Bipasha Basu teams up with Salman Khan for Da-bang tour - News
- Check out Jhanvi Kapoor's sensual dance moves with this guy - News
- EXCLUSIVE: Deepti Naval talks about love for music - News
- Fresh from the sets: Ranbir Kapoor resembles Sanjay Dutt - News
- Kangana Ranaut: I am more like 'Queen' in real life - News
- Kareena wants competition between Shahid & Saif - News
- Know why Varun Dhawan was trolled on social media - News
- MAIN AUR CHARLES makers announce a film on Naela Quadri Baloch - News
- Ranveer, John, Anushka & other B-town celebs cast their vote for BMC election - News
- Royal Stag Barrel Select MTV Unplugged season 6 best performances so far - News
- Saif Ali Khan wants daughter Sara to be as successful as Alia Bhatt - News
- Sentimental CBFC asks unusual disclaimer in SARKAR 3 trailer - News
- Sexy Amy Jackson reads book in swim suit - News

   News Archives


   Comments

A Fifth Quarter Infomedia Pvt. Ltd. site.