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Germany’s Beta Cinema has taken a minority stake in Cornerstone Films, the London- and L.A.-based international sales business founded by Alison Thompson and Mark Gooder. Beta and its associate X-Filme will partner with Cornerstone to finance, produce and distribute English-language features for the global marketplace.
“In the fast-changing landscape, vertical integration is key to creating robust and successful enterprises and we’re delighted to unite with Beta Cinema and X-Filme who share similar goals,” Thompson and Gooder said. “Our combined expertise and resources will create great opportunities for all three companies.”
Northern Alliance has provided business and finanacial advice to Cornerstone from its inception.
Northern Alliance was selected to provide advice and support to businesses participating in FOCUS; an innovative programme to connect Scottish screen production companies to sources of expert advice and support and help them achieve their full potential.
Letters from Baghdad garnered impressive reviews and a 90% rating on www.rottentomatoes.com. Northern Alliance provided financial and production management services for the film's production.