FILM ALULA SIGNS 10 PROJECT DEAL WITH GREG SILVERMAN'S STAMPEDE VENTURES
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Tuesday, October 24, 2023
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AlUla, Saudi Arabia, Oct. 24, 2023 /PRNewswire/ -- Film AlUla, the Royal Commission for AlUla's film agency, and global media company Stampede Ventures, under the leadership of founder and CEO Greg Silverman, signed a three-year deal with a projected spend of USD350 million in AlUla. The groundbreaking partnership, finalised at the Future Investment Initiative in Riyadh, Saudi Arabia today, involves Film AlUla providing rebates and incentives. The deal will see Stampede Ventures bringing ten productions to AlUla over three years and advancing AlUla's ambitions to hub a world-class film and creative industry.
Key Points:
- AlUla, Saudi Arabia, Oct. 24, 2023 /PRNewswire/ -- Film AlUla, the Royal Commission for AlUla's film agency, and global media company Stampede Ventures, under the leadership of founder and CEO Greg Silverman, signed a three-year deal with a projected spend of USD350 million in AlUla.
- The groundbreaking partnership, finalised at the Future Investment Initiative in Riyadh, Saudi Arabia today, involves Film AlUla providing rebates and incentives.
- The deal will see Stampede Ventures bringing ten productions to AlUla over three years and advancing AlUla's ambitions to hub a world-class film and creative industry.
- As the Royal Commission for AlUla's film division, Film AlUla has been a key player in the development of the film industry in Saudi Arabia.