Magazine article Screen International

Hollywood Awaits Envision Effect

Magazine article Screen International

Hollywood Awaits Envision Effect

Article excerpt

Heading into the weekend business associates of Envision Entertainment were reeling in light of scandalous allegations to emerge involving the founders of the financier-producer.

According to an investigative article last week in LA Weekly, Remington Chase and Stefan Martirosian have a colourful history involving arrests, prison time, FBI drug stings, criminal acquaintances, the black diamond trade and informant activity.

US-born Chase and Armenian immigrant Martirosian deny certain activity outlined in the report or at least specific elements contained therein.

Nonetheless the full impact of the development on the independent space is yet to play out. The revelations will have shocked those who have benefited from the deep pockets of Envision, backed by Russian oligarch Vitaly Grigoriants. …

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