Thunder Road Pictures has extended its deal with music financier Cutting Edge Group and CEG’s investment arm, Conduct, for an additional five films.
In exchange for future music rights, Conduct will advance Thunder Road funds to enable the company to develop and expand their current slate of films in development.
“We are delighted to recommence our deal with the Cutting Edge Group and Conduct team,” said Thunder Road Pictures principal Basil Iwanyk.
“Their initial investment into Thunder Road was essential in building a terrific slate of film projects, including Sicario and John Wick, the former being in competition this year at the Cannes Film Festival.”
Cutting Edge Group CEO Philip Moross said, “Thunder Road Pictures is a premier production company and a great partner to be in business with. We look forward to working with Basil and his team for many years to come.”
Thunder Road Pictures’ upcoming slate includes $30m action thriller 3 Seconds starring Luke Evans that shoots this summer and is financed by PalmStar Media and Merced Media.
Conduct finances music budgets of films and TV programmes in exchange for intellectual property rights to each project‘s original music.