Look what I found over at Yahoo Movies: The article talks about how Martin Scorsese’s Sikelia Prods. has partnered with Brazilian producer Rodrigo Teixeira.
They mention that his company RT Features wants to do a joint venture for producing first and second films from emerging filmmakers worldwide.
Pact includes a film fund that will finance up to five projects with budgets under $5 million each over the next three years.
The slate will be focused on auteur-driven films by emerging filmmakers that have crossover appeal and can reach commercial auds.
This is certainly great news for all those filmmakers who are having great ideas but luck the funding to realize them.