Ashok Amritraj

from Variety.com While Hollywood's prospects for foreign financing is downbeat, the situation should slowly brighten, according to film biz honchos at the American Film Market on Friday. "A year ago, lenders were sitting on their hands," said Jason Sklar, VP of the entertainment industries group at J.P. Morgan. "The lender universe will expand in the next year or two." But, he admitted, "It's going to take some time. There are other opportunities for investors that have a higher yield for less work." Sklar made the remarks as part of a panel at the Fairmont Hotel on financial markets and liquidity issues, sources of equity ... Read Full Story

US movie paper The Hollywood Reporter informs today: Songwriter-producer Dave Stewart has teamed with Ashok Amritraj’s Hyde Park Entertainment and Imagenation Abu Dhabi through the pair’s newly created strategic alliance with Media Development Authority of Singapore to make “Street Dancing.” Stewart will team with Oscar winner A.R. Rahman (”Slumdog Millionaire”) to pen the movie’s score, billed as an against-all-odds story set in the world of dance competitions held in Singapore and New York. Amritraj will produce, while Imagenation CEO Ed Borgerding and Hyde Park’s Patrick Aiello will take exec producer credits alongside Stewart and Prem Akkaraju. Freshly signed Interscope artist Cindy Gomez will make ... Read Full Story

from Variety.com While Hollywood's prospects for foreign financing is downbeat, the situation should slowly brighten, according to film biz honchos at the American Film Market on Friday. "A year ago, lenders were sitting on their hands," said Jason Sklar, VP of the entertainment industries group at J.P. Morgan. "The lender universe will expand in the next year or two." But, he admitted, "It's going to take some time. There are other opportunities for investors that have a higher yield for less work." Sklar made the remarks as part of a panel at the Fairmont Hotel on financial markets and liquidity issues, sources of equity ... Read Full Story

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