QED International explained

QED International
Founder:Bill Block
Location City:Los Angeles, California
Hq Location Country:United States
Type:Private
Area Served:Worldwide
Key People:Sasha Shapiro (CEO)
Anton Lessine
Industry:
Products:
Parent:Media Content Capital (2012 - present)

QED International is a Los Angeles-based independent film production studio, financier and international distributor. It is best known for financing and producing District 9, Fury, and Dirty Grandpa.

History

Bill Block formed QED International in 2002 as CEO.[1] The company is Los Angeles-based.[2] Previously Bill Block was president at Lionsgate predecessor, Artisan Entertainment and overseer of West Coast operations for ICM. Paul Hanson was Chief Operating Officer in the time of the founding who was charge of film financing, production, and distribution.[3] In 2006 John Friedberg joined as Vice President of International sales.[2] Under the executive management's oversight, the team at QED International from its founding as an indie film player to a slate partner in the 2010s decade, produced acclaimed films for the motion pictures industry including Neill Blomkamp's District 9, Oliver Stone's W. and John Turturro's Fading Gigolo.

One of the acclaimed QED International films was District 9 that released in 2009.[4] The film company discerned potential of an unpublished 2006 graphic novel, Weta Workshop used as their film treatment for a science fiction film. The company became the producer of the film.[5] At the 2007 AFM a record middle-eight figure deal was signed between Sony Pictures and QED International for the Peter Jackson film's distribution in all English-language territories (including North America), Russia, Italy, Korea and Portugal. The film was the directorial debut of Neill Blomkamp who co-wrote the script originally planned to be a Halo film with Terri Tatchell. The film was highly anticipated for its live-action plot.[6] Shooting commenced in the spring 2007 in South Africa.[7] [8] The film had a modest budget of $30 million. However the film was received with critical and commercial success with an opening of $37 million in USA on 14 August 2009 and total box office amounting to $211 million worldwide.[9] [10] QED has also co-produced with Mann's Forward Pass company for 2011 film Texas Killing Fields.[11]

In May 2012, Media Content Capital, an Anton Lessine and Sasha Shapiro global media fund, gained a controlling interest in QED through QED Holdings with an eight figure investment.[12] [13] QED International majority stake was now held by Media Content Capital (MCC). The organization is a private equity fund in charge of finance.[14] Lessine and Shapiro are MCC's principal financiers.[15] [16] [17] [18] The financial investment was concluded at the Cannes Film Festival with MCC representatives noting the risk mitigation approach from QED was one of the primary reasons for the investment plan. The arrangement would allow QED to produce and finance four to seven features annually.

One of the primary collaborators with QED International was actor Arnold Schwarzenegger. The actor chose the QED-financed 2011 film Cry Macho as the one of the stages for his grand debut and return to Hollywood. The actor would resume acting after years in a political career in California. The actor noted the Cry Macho's emphasis on character development would contrast well with the continuation of the Terminator package.[19] [20] In 2012, Schwarzenegger joined Josh Holloway's Ten featuring a high action script.[21] The film loosely based on an Agatha Christie story renamed to Sabotage and released on March 28, 2014.[22] In 2013 QED International negotiated with Brad Pitt for David Ayer's WWII film Fury.[23] Columbia Pictures acquired the global rights to the film.[24] The film released on October 17, 2014, to commercial success.[25] [26]

On February 24, 2015, Deadline confirmed that CEO Bill Block had officially left the post from the company to join a new company Merced Media.[27] [28] [29] Merced Media, a wide release production company also was invested in co-production for two films with QED after the departure. International sales executive John Friedberg also stepped down from the managing board during this time. Friedberg was hired by STX Entertainment. The executive was noted for bringing equity and international distribution strategies for QED International's prior blockbuster films.[30] In the same year, Paul Hanson also moved from COO of QED to the founder of and CEO of Covert Media. The new independent feature production, financing and distribution company based in Los Angeles also served as a liaison to QED International's content library.

Filmography

Financier/Producer

International distributor

Notes and References

  1. Web site: McNary. Dave. 2017-04-26. Miramax Hires Veteran Producer Bill Block as CEO. dead. https://web.archive.org/web/20180526180912/http://variety.com/2017/film/news/miramax-bill-block-ceo-1202399144/. 2018-05-26. 2021-04-29. Variety. en.
  2. Web site: Rosser. Michael. 2015-03-12. John Friedberg to leave QED International. 2021-04-29. Screen. en.
  3. Web site: Lincoln. Ross A.. August 26, 2015. Veteran Exec Paul Hanson To Head New Film Company Covert Media. November 15, 2015. Deadline Hollywood.
  4. Web site: Mulugeta. Samson. 2009-08-19. SA-set sci-fi satire huge hit in US. 2021-04-29. Brand South Africa. en-US.
  5. News: 2009-08-06. Sci Fi, Ink. en-US. Wall Street Journal. 2021-04-29. 0099-9660.
  6. Web site: Next Big Viral: Neill Blomkamp's District 9 - For Humans Only FirstShowing.net. 2021-04-29. www.firstshowing.net. en-US.
  7. Web site: 2007-11-05. Sony set to acquire Jackson's 'District 9'. 2021-04-29. The Hollywood Reporter. en.
  8. Web site: Kay2007-11-05. Jeremy. 2007-11-05. Sony expected to take District 9 rights from QED. 2021-04-29. Screen. en.
  9. Web site: District 9's Blomkamp heads for Elysium fields. 2021-04-29. Gauteng Film Commission. en-gb.
  10. Web site: National Board of Review Awards for 2009. dead. Nbrmp.org. 2010-02-04. https://web.archive.org/web/20100813144152/http://www.nbrmp.org/awards/past.cfm?year=2009. 2010-08-13.
  11. Web site: Fleming. Mike Jr.. 2010-02-07. Michael Mann On Daughter's Directing Gig; Dad Producing & Sam Worthington Starring; QED Selling Foreign In Berlin This Week. 2021-04-29. Deadline. en-US.
  12. Web site: McNary . Dave . Media Content Capital fuels QED growth . . May 16, 2012 . November 14, 2015.
  13. Web site: Bill Block's QED Gets Cash Infusion From Media Content Capital; Cannes . Fleming . Mike Jr. . . May 16, 2015 . November 15, 2015.
  14. Web site: October 2015. Ashley Patterson 20. SAUL GOLDBERG JOINS COVERT MEDIA AS HEAD OF UNSCRIPTED TELEVISION. 2021-04-29. Broadcasting Cable. en.
  15. Web site: Sneider. Jeff. 2015-08-26. Paul Hanson, Former Annapurna Pictures COO, Launches Covert Media. 2021-04-29. TheWrap. en-US.
  16. Web site: McNary . Dave . Covert Media Launching With Former Annapurna Exec Paul Hanson . Variety . August 26, 2015 . November 14, 2015.
  17. Web site: Kay . Jeremy . MCC, Paul Hanson launch Covert Media . . August 26, 2015 . November 14, 2015.
  18. Web site: Hunter . Walker . How Putin's Media Czar May Have Funded Brad Pitt's New Movie . . August 21, 2014 . November 8, 2015.
  19. Web site: 2011-05-04. Arnold Schwarzenegger Picks Drama 'Cry Macho' for Big-Screen Return (Cannes). 2021-04-30. The Hollywood Reporter. en.
  20. Web site: Finke. Nikki. 2011-05-04. Arnold Schwarzenegger Closes Next Film: Worldwide Rights Will Sell At Cannes Fest. 2021-04-30. Deadline. en-US.
  21. Web site: Sneider. Jeff. 2012-08-27. Holloway hangs 'Ten' with Schwarzenegger. 2021-04-30. Variety. en-US.
  22. Web site: 2014-01-28. Schwarzenegger's 'Sabotage' Moves to March. 2021-04-30. CBR. en-US.
  23. Web site: Fleming. Mike Jr.. 2013-04-03. Brad Pitt To Star In David Ayer's World War II Movie 'Fury'. 2021-04-30. Deadline. en-US.
  24. Web site: Columbia Pictures Acquires David Ayer's "Fury" Starring Brad Pitt Sony Pictures Entertainment. 2021-04-30. www.sonypictures.com.
  25. Web site: 2014-08-14. Brad Pitt Bringing His 'Fury' to London Film Festival. 2021-04-30. The Hollywood Reporter. en.
  26. Web site: Mendelson. Scott. Weekend Box Office: Brad Pitt's 'Fury' Tops With $23.5M, 'Birdman' Nabs $415K. 2021-04-30. Forbes. en.
  27. News: Busch. Anita. Bill Block Officially Leaves QED Int'l CEO Post As Merced Media Ramps Up. February 26, 2015. Deadline Hollywood. February 24, 2015.
  28. Web site: McNary . Dave . Bill Block to Exit QED International . Variety . February 24, 2015 . November 14, 2015.
  29. Web site: Block . Alex Ben . Holdsworth . Nick (contributed from Moscow) . Bill Block to Exit Indie Film Player QED, Russian Investors Take Control (Exclusive) . . February 24, 2015 . November 15, 2015.
  30. Web site: 2015-07-22. STX Hires QED Veteran John Friedberg as President of International Sales. 2021-04-29. The Hollywood Reporter. en.

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