De Passe, Madison Jones (her partner in de Passe Jones Entertaiment) and Corey Martin, a managing partner at Granderson Des Rochers, are launching Immortal Studio, which aims to be a full-service studio involved in a variety of media, including television, film, animation and games. The company has formed a strategic alliance with Vobile — which provides digital content asset protection and software services used widely in the industry — and its chairman and CEO, Yangbin Wang, on financing.
Immortal says the alliance with Vobile will give the new company “access to up to $1 billion in development and production financing” — albeit not right away. That’s a potential figure that could be unlocked over time. Immortal says it wants to fully finance the development and production of complete seasons of TV series in order to streamline the process of making shows.
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‘ Some details of this article were extracted from the following source www.imdb.com ’
