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Nazarian closes down Element Films International

Element Films International (EFI) has folded, as owner Sam Nazarian restructures the domestic division of his film business, Element Films.The foreign sales arm headed by Jim Harvey closed on Jul 31. Harvey, who took over the reigns after John Fremes left to join Jere Hausfater at Essential Entertainment earlier this year, was informed of the move a week before the company closed.No official reason has been given, however it is understood that EFI's demise was triggered ...

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