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Hollywood movie maker Spike Lee is looking towards Dubai and the Gulf region to possibly help fund future films.
The maverick producer-director says with the US suffering from the credit crunch, people are being forced to look elsewhere for funding and Dubai is one of the places he wants to target.
Lee, who has been twice nominated for an Oscar, is planning to make his first visit to the emirate in November after being invited to the The Atlantis Hotel on the Palm, reported Emirates Business on Friday.
He told the paper: "There is a tonne of money in Dubai, so I've gotta get on a plane; I gotta start making connections. I don't want to be in a position where if I want to do a film and the Hollywood studios don't want to make it, then it doesn't get made. I gotta know that no can't be a final no. I gotta go to other sources of finance."
More and more directors are looking outside of the US to secure the money necessary to make their films nowadays with three-time Oscar-winner Woody Allen's past four films being shot in Europe.
"Film-makers need to go anywhere they can to get money," Lee added.
He said his latest film, Miracle at St Anna, would not be premiering at Dubai Film Festival. The movie is an adaptation of James McBride's book of the same name and was shot on a budget of around $45 million.
This is not the right time to start launching studios, the economic situation in Europe is getting worse daily and is likely to create big ripples in UAE... more
Monday, 21 May 2012 2:15 PM - Red Snappa
Other than the usual ridiculousness, this is what caught my eye.
"All ministries and private agencies should use Hijri dates (the Islamic Calendar... more
we are in trouble because of Leighton, since they joined our company, and our company is going down down and down. so pls Leighton leave us more
Tuesday, 22 May 2012 4:22 PM - KumarThis 1mbps offer was made to me in February by a friendly Etisalat staff who phoned two weeks after I had subscribed to the 512kbps package for the same... more
Tuesday, 22 May 2012 1:09 PM - Louie Tedesco
wishful thinking i would put a months salary on it not being completed in 5 yrs
where are all the passengers coming from based on your own reports... more
the majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurIt is the Arabian Gulf because firstly Persia hasn't existed since 1935 and, therefore, does not appear on modern maps. So, by saying Persian Gulf we are... more
Sunday, 20 May 2012 7:40 PM - Juma Said JumaThis is not the right time to start launching studios, the economic situation in Europe is getting worse daily and is likely to create big ripples in UAE... more
Monday, 21 May 2012 2:15 PM - Red Snappa
Other than the usual ridiculousness, this is what caught my eye.
"All ministries and private agencies should use Hijri dates (the Islamic Calendar... more
Instead of clinging to anything that reminisces you of your obliterated past, why don't you spend sometime fixing your disgraceful and humiliating present... more
Tuesday, 22 May 2012 9:30 PM - Fahdthe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurHOW CAN WE FORGET 2008, WHY DID YOU NOT FORGET TO PAY ALL YOUR STAFF BONUSES LIKE YOU HAVE DONE ON THE PAST TWO OCCASIONS , YET YOU CANT COMPENSATE OR... more
Wednesday, 16 May 2012 4:51 PM - MOOSAThe words one should read and think about are "it COULD make sense to sell Emirates in the future". Sir Flanagan does not say it does make sense at this... more
Thursday, 10 May 2012 11:16 AM - Paul dxbWhen I first went to live in ABu Dhabi - I clicked up a couple of speeding fines during the frist year (on empty roads and certainly not tailgating - but... more
Thursday, 17 May 2012 5:45 PM - BaffyNEVER BUY PROPERTY IN ARAB COUNTRIES !!! more
Sunday, 6 May 2012 6:37 PM - Rene
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