The Doha Film Institute and US-based Participant Media have partnered to create a $100 million film fund that will finance more than a dozen feature films, the groups’ CEOS announced at the Berlin International Film Festival yesterday.
According to DFI, recipients of financing from the five-year revolving fund will also receive production help and assistance with worldwide distribution.
Participant and DFI, which are already collaborating on an animated film adaptation of Khalil Gibran’s The Prophet, also agreed on the following:
- To establish a distribution channel for DFI’s projects, particularly in the US;
- To collaborate on programming for Participant’s new TV channel, which launches in August;
- To create an Arabic-language version of Participant’s online division; and
- To form a Middle East branch of Participant set at DFI’s headquarters in Katara
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