Neon and Waypoint Entertainment Forge Partnership to Boost Mid-Budget Film Production

The collaboration aims to fill the gap in the market for independent films in the $10 million-plus range, targeting a theatrical audience.

Neon has entered into a strategic financial partnership with Waypoint Entertainment, focusing on the production and distribution of mid-budget movies.
The partnership follows their successful collaboration on the film 'Cuckoo,' starring Hunter Schafer and Dan Stevens, which premiered at the Berlin Film Festival and SXSW.
Neon aims to expand its production and distribution capabilities, leveraging Waypoint's investment to enhance its footprint in the film industry.
The deal is non-exclusive and details regarding the number of films and financial commitment from Waypoint will be announced in the future.
Both companies share a commitment to innovative storytelling and aim to address the underserved market of larger independent films.