Cinetic adds Film Film Finishing Fund

Cinetic founder John Sloss said that the company has closed on financing from Aver Media to establish a fund for features in varying states of completion. It marks Cinetic's first fund of any kind.

"This is set up as a tool for us to assist filmmakers and financiers," Sloss said. "We've seen countless films that could benefit from funds such as these, and we are now in a position to help."

The new service comes on the heels of the 2007 launch of Cinetic's digital-rights management company, CRM, a platform for the sale of digital rights, and Cinetic Management, created upon the arrival of new partner Bart Walker. Partner Robert Nathan will take on a more active role with the company's new venture and CRM, which recently hired former South by Southwest Film Festival producer Matt Dentler as head of marketing and programming operations.

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