RGM bows film fund

400 mil to fully back features, TV over 4 years Singapore-based management and production company RGM Entertainment has set up a fund that will spend up to $400 million to fully back a handful of English-language features and TV productions over four years. Money comes from a combination of debt provided by Oceana Media Finance, plus coin from RGM itself and institutional investors from Singapore. The 25-year-old RGM, run by chairman Robyn Gardiner and CEO Devesh Chetty, started in Australia but moved to Singapore four years ago to better tap Pacific Rim talent and coin. The management company reps some 300 clients, including Cate Blanchett. The funding deal reflects RGM's growing ambition in production, following its assistance in financing the upcoming Jan De Bont-directed "Point Break 2" and "Winged Creatures," a drama... [read full story]