Magazine article Screen International

Media Content Capital Takes Stake in QED International

Magazine article Screen International

Media Content Capital Takes Stake in QED International

Article excerpt

Bill Block has sold a portion of the company in an eight-figure deal that will enable him to grow the development, production and financing business and boost the agency side of his sales operation by paying minimum guarantees for more projects.

QED intends to produce and/or acquire four to seven features a year and grow its infrastructure to handle additional third party titles for sales and distribution.

The slate currently includes Arnold Schwarzenegger action-thriller Ten, which Open Road recently acquired for US distribution.

Block has also handled sales on Neil Blomkamp's Elysium starring Matt Damon and Jodie Foster with Columbia set to release in the US and crime thriller I, Alex Cross starring Tyler Perry, Matthew Fox, Rachel Nichols and Ed Burns, which will open through Lionsgate in October. …

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