Seven Arts Buys 7.5% of Film Production Company Picture Pro
Independent media distributor Seven Arts Entertainment bought a 7.5% stake in Picture Pro, Los Angeles-based production company, said the buyer Thursday. Terms weren’t disclosed. Picture Pro's main focus is on raising capital for feature films through third-party financing and executive…
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producers, it said. Accessing that funding through Picture Pro “will enable Seven Arts to produce larger features and be much more competitive in the film industry,” it said.