Aquarius Film is goingglobal. The London-based financing and production outfit is setting up AquariusWorld Wide, a new venture with partners from
Aquarius chief executiveTerence Potter won't disclose who the new partners are, but says that dealshave already been concluded in seven territories. Once an eighth and finalterritory is confirmed, Aquarius will make a full announcement as to who isinvolved.
"Every company has anestablished track record of financing and making films in their territory,"Potter said. "They all jumped at the opportunity to become part of a biggerorganisation."
The idea is for the partnersbehind Aquarius World Wide to pool resources to make English-language films inthe $5-$20m budget range.
"In Australia, the UK, SouthAfrica and Belgium, we will be looking to have our own private fundraising...incountries like
'We were delighted tobe invited to become part of the Aquarius organisation. It will enable us toreally raise the level of the films that we produce," commented StuartScowcroft of Aquarius
Over the last four years,Aquarius has raised in excess of $120m for film production in the
"We have a very loyal investorbase. If anything, demand from investors outstrips the available investmentcapacity in the
Aquarius' decision to set upa global network comes at a time of uncertainty in
Nonetheless, Aquarius willremain involved in