PalmStar Media
PalmStar Media Capital or PalmStar Entertainment is a film and television production and financing company based in Los Angeles. It was founded by its CEO, Kevin Frakes in 2010.[1]
History
PalmStar Entertainment was co-founded in 2004 by Kevin Frakes and Stephan Paternot, later in 2010, the CEO Frakes co-founded PalmStar Media Capital with Peggy Taylor.[2]
Collaboration deals
In October 2014, PalmStar Media signed on a multi-year financing deal with Basil Iwanyk's Thunder Road Pictures, and according to this agreement, Thunder Road would get $200 million funds from PalmStar Media.[3] Thunder Road would use it to fully finance and produce five to six independent films from $20 to $50 million budget range per year.[3]
In February 2015, PalmStar Media signed on a deal with Dylan Sellers' Rivers Edge Films to handle all company's production and development costs, and they together would produce four to five films with budgets between $20 million to $40 million.[4] In August 2015, PalmStar Media signed a deal with Jeremy Renner and Don Handfield's production company 'The Combine' to produce two to three films per year together.[1]
PalmStar Media has also has partnered with Anthony Bregman's Likely Story and Buddy Patrick's Windy Hill Pictures.[1]
