Monday, February 13, 2017

Hungary's Studio Launches Korda Finance

Hungarian filmmaking complex Korda Studios is launching a new subsidiary, Korda Finance, to offer media finance, sales and distribution services to productions shooting in the southeastern European country and region.
Jonathan Halperyn, the former managing director of Focus Features International, has been hired as executive vp corporate development to spearhead the new focus on expanding the services Korda offers, the studio says.

Korda is also launching a new short film grant to coincide with its 10th anniversary celebrations in the spring. The Sir Alexander Korda Short Film Grant - named after the studio's namesake, the famous Hungarian-born British producer and director - will provide cash and services worth up to 20,000 Euros ($21,300) to help "up and coming" filmmakers fund their projects.

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