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Digital Hollywood - Friday, November 16, 2007

Blowtorch Entertaintment Scorches With $50M Investment

Today's youth celebrates irreverence and irony and love nothing more than to mock and to be snarky. But Hollywood studios cater to older sensibilities. At least that's the premise of Blowtorch entertainment which plans to launch 6 feature films per year as well as shorts that will be dripping in irreverence. The company's first feature film will be "You Are Here" which is coming to theaters near you in the spring of 2008. It plans to release films during the school year in college markets, building "blowtorch" events around them both on-campus and in theaters. You Are Here Trailer Blowtorch Entertainment is launching with an announcement that it has raised $50M from Ignition Partners, angels in Hollywood, and at least one (unnamed) hedge fund. The company was co-founded by Kelly Rodriques who was a partner at Ignition, and before that he was the president and CEO of Totality, a which was bought by Verizon. His partner Paul Schiff iswhose films include "Rushmore," "My Cousin Vinny," "Date Movie," and "Young Guns." View - site... Continue...