True Brit Entertainment Files for Administration — SkimNews
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- True Brit Entertainment filed for administration in the U.K., with founder Zygi Kamasa calling it a response to "extremely challenging market conditions" and stating an independent specialist has been appointed to assess options for the company.
- Zygi Kamasa, former CEO of Lionsgate U.K. & Europe, launched True Brit in November 2023 with a stated goal to release 4-8 U.K. titles per year and co-finance over $50 million in productions annually.
- Three Six Zero, the talent management firm representing Calvin Harris, Frank Ocean, and FKA Twigs, led True Brit's initial funding, with a minority investment from Matthew Vaughn's Marv.
- "Marching Powder," the Danny Dyer comedy, was True Brit's top earner at more than $4 million in the U.K. and Ireland, in contrast to "The Death of Robin Hood" starring Hugh Jackman, which grossed under $800,000.
- "Sunny Dancer," the Bella Ramsey coming-of-age comedy-drama, failed commercially despite buzz from its Berlin world premiere, underlining ongoing box-office struggles for independent U.K. film.
- Upcoming releases "In the Shadows," a boxing biopic set for the BFI London Film Festival later this month, and "Victorian Psycho" starring Maika Monroe (which premiered in Cannes) now face uncertain fates under administration.
- Deadline was first to report the news of True Brit's administration filing.
Why it matters: The collapse of a distributor backed by Three Six Zero and Matthew Vaughn's Marv puts at least two unreleased titles — Anthony Wonke's 'In the Shadows' and the Maika Monroe-led 'Victorian Psycho' — in limbo, marking another casualty for the U.K.'s independent theatrical market under three years from launch.
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