reported by Brian Scott, CyberScreenwriter.com

Michel Shane of Handpicked Films announced the company has entered into a multi-year deal with New York-based hedge fund Ginepri Capital Partners. Handpicked Films, based in Los Angeles and run by film veterans Michel Shane and Anthony Romano, will act as Executive Producers and have oversight over the first GINEPRI MOTION PICTURE SLATE. The first array of 11 films values at approximately $110 million dollars with three more slates lined up to follow.

The range of film budgets is $5 million to $40 million. Michel Shane is working hand in hand with Ginepri Capital managing partner S.K. Dean in financial structuring and evaluating various distribution avenues for the pics. Ginepri and Handpicked will continue on an ongoing basis to develop slates of films for the term of the deal.

Shane stated, "This is a great fit. Both parties are bringing their expertise to the table, and we are very complementary. The difference between Ginepri and everyone else in this space is that this will be an actively managed program. We will all be very hands on."