News | May 7, 2014

Haute 100 LA Update: Haim Saban Launches Film Company

News | May 7, 2014
Haim Saban
AB Images

Haim Saban is expanding his empire. 

The entertainment mogul’s Saban Capital Group has launched Saban Films, a distribution company that plans on acquiring eight to ten feature films per year for North American distribution.

In a statement, Saban said: “I have a long-standing and deep affection for independent film and saw an opportunity in the theatrical distribution arena as well as an emerging distribution platform strategy that focuses on cable, satellite, and telco VOD. Film is a natural progression for Saban Capital Group with existing interests already in television, media and brands.”

The billionaire producer of Power RangersMasked RiderVR Troopers and Big Bad Beetleborgs is planning on partnering with a major studio, though which has not yet been decided.

Bill Bromiley has also been announced as the new company’s president.

Like Haute Living Los Angeles? Join our Facebook page or follow us on Twitter @HauteLivingMag.

Related Articles

get the magazine

Subscribe to Haute Living

Receive Our Magazine Directly at Your Doorstep

Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.

Exclusive

Haute Black Membership

Your Gateway to Extraordinary Experiences

Join Haute Black and unlock access to the world's most prestigious luxury events