Kuwaiti industrialist Nawaf Alghanim has launched Al-Ghanim Entertainment as a financing-production company based in Los Angeles and Kuwait.
Alghanim is the CEO with partners Andrea Chung, Krystal Tiffany Vayda and Brandon M. Vayda, and is a member of the Al-Ghanim founding family of Kuwait.
Al-Ghanim Entertainment will back two to four films a year with budgets up to $15 million, mostly in the action and horror genres.
The company’s first project is “The Girl in the Photographs” with horror icon Wes Craven executive producing and Craven’s protege Nick Simon (writer of “The Pyramid”) directing. Chung will produce with Thomas Mahoney; Brandon M. Vayda and Krystal Tiffany Vayda will executive produce alongside Craven and Alghanim.
More at Variety