Mark Damon’s DCR Finance Corp., co-headed with financer Adi Cohen, has received a $150 million investment from Go Media Productions for Georgia projects, Variety has learned exclusively.
Damon, whose credits include “2 Guns” and “Lone Survivor,” made the announcement Monday with Cohen. The deal calls for Atlanta-based Go Media Productions to join a private placement as a lead investor and provide up to $150 million in exchange for the investment being channeled back into the Georgia film industry. Len Gibson and Wayne Overstreet are the Go Media principals.
Most of the post-production will take place in Georgia, and Cohen told Variety that the funding should lead to new studio and post-production facilities along with training programs that will include significant hiring of personnel. See more at Variety.