Eternal Mind Productions LLC says it has signed a three year production deal with investors from Dubai, U.A.E to the tune of some US $200 million. Headed by CEO Nagendra Karri and actor/producer Peter James Elias, the New York-based company had been in contract talks with the AL MUHAYMIN Film Fund, according to a press release. Karri writes, produces and directs for the company, which has offices on lower Broadway and in New Jersey.
Karri wrote, produced, and directed his first feature Where are You Sophia? in 2009. Shot in the rural New Jersey town of Highlands, this “psychological thriller” was budgeted at an estimated $2,000,000. The director, a native of India, has also said he wants to “showcase India” to the international film industry.
According to earlier reports, Karri plans to expand distribution of his low-cost films, including the upcoming Gate 21 and Mobster, to “untapped markets” in Eastern Europe and Asia. Information on the AL MUHAYMIN Film Fund, said to be Dubai-based, wasn’t available at the time of this posting.
