Open Road Films, which declared bankruptcy two years ago, is relaunching with funding from Raven Capital Management.
It will release Liam Neeson’s thriller “Honest Thief” later this summer.The companies announced the news on Monday, the first day of the Cannes Virtual Market.
Open Road was sold in late 2018 for $87.5 million to Raven, after parent company Tang Media Partners failed to raise fresh capital from its Chinese backers.Led by Raven Principal James Masciello with support from Matt Sidari, Open Road Films said it will resume acquiring and releasing films theatrically in partnership with Tom Ortenberg’s Briarcliff Entertainment.
Ortenberg was founding CEO of Open Road Films from 2011 to 2017 before he was ousted.“Honest Thief” is directed by Mark Williams, co-creator of the Netflix series “Ozark,” from a script by Steve Allrich.
Neeson portrays a bank robber who tries to turn himself in because he’s falling in love
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