Magazine article Screen International

NLP Launches Goldfinch Pictures

Magazine article Screen International

NLP Launches Goldfinch Pictures

Article excerpt

EXCLUSIVE: Entertainment accountancy firm Nyman Libson Paul (NLP) is launching new venture Goldfinch Pictures Ltd, dedicated to supporting British films.

Goldfinch Pictures Ltd is setting up an EIS company that aims to raise $6.5m (£4m) from investors.

Among the people who will sit on its expert panel are former British Film Commissioner Colin Brown and Stephen Evans, the producer of Oscar-winning films Henry V and The Madness of King George.

Goldfinch Pictures has been set up by Kirsty Bell, a film specialist and partner at Nyman Libson Paul. She will be managing director of the operation, which will support eight separate films over three years, all of which will be closely scrutinised and vetted by the expert panel, and have the appropriate approval from the Inland Revenue.

At the same time as launching Goldfinch Pictures, Nyman Libson Paul is putting together a number of smaller SEIS operations aimed at particular sectors to include animation, ballet, Shakespeare, horror and Russian theatre.

"My belief is that there is a gap in the market and that a venture like this is going to help independent film producers structure their finance plans in a much more transparent way," Bell told ScreenDaily.

The intention is to put Goldfinch's equity investors in a position where "they are last in and first out". …

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