Magazine article Variety

Revamped Goldcrest Offers One-Stop Shop

Magazine article Variety

Revamped Goldcrest Offers One-Stop Shop

Article excerpt


Two years ago, Goldcrest exec director Nick Quested and his board of directors took a hard look at the global entertainment marketplace and the opportunities their 35-yearold production and financing outfit had to offer.

"The business is very fractured at the moment, and there are very few companies that offer producers more than one element in the value chain," Quested says. "We didn't want to sit as a library and post company and watch the other kids play. We're a well-financed organization, we had all the pieces to move forward, and felt we had (the right plan) to build a better mousetrap."

This year's Tribeca Film Festival gave the company, with offices in New York and London, the stage it needed to spotlight its revamped commitment to foreign sales and production. Goldcrest boasted four world preems on its Tribeca slate, as Quested expands the company's production and international présales divisions in time for the Cannes market Those components are key parts of his strategy to turn Goldcrest into a one-stop shop for financing, production, postproduction and sales.

"We're looking to present a vertically integrated solution for filmmakers," says Quested, who runs the company with chairman John Quested, his father. Goldcrest launched a TV arm in April at MIP, and runs post houses in New York and London.

Goldcrest's Tribeca sales slate included the Abbie Cornish-toplined illegal immigration drama "The Girl" (with the company providing financing, production supervision and post-production) and the Iraqi refugee doc "The List" (also financed and post-produced inhouse). The period Brit romantic comedy "Cheerful Weather for the Wedding," and the firefighter docu "Burn," from thesp-turned-exec producer Denis Leary are also part of its lineup.

Over the past 18 months, the Questeds have restructured Goldcrest to focus on six areas: the exploitation of its more than 130-title library (including pics like "Gandhi" to its biggest hit, "All Dogs Go to Heaven"); international film sales (Goldcrest Films Intl.); television production (Goldcrest Films' TV arm); film development and production (Goldcrest Features); and financing (Goldcrest Pictures and Goldcrest Capital Partners), and post-production. …

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