As co-owner of the entertainment consulting firm Film Closings, Inc., Jeff Steele is a noted film finance expert in all matters of debt and equity, but also has a significant array of hands-on producing credits. Currently he is consulting for Inferno Entertainment on their slate, and previously consulted on films such as the recent thriller “DARK TIDE” starring Halle Berry and Oliver Stone’s “W.”
Steele is publisher of the film finance blog, FilmClosings.com, where he offers his own unique perspective on the industry.
Film Closings focuses on the management and development of financial solutions and strategies for agencies, management firms, foreign sales companies, and independent producers. Steele is often considered unorthodox within the indie financing world and is known amongst his peers for cultivating strategies atypical of the traditional Hollywood model. The company offers its services to producers and companies working within all budget ranges—from small independent projects under $1 million to tent pole and major studio franchise films—and covers all areas of finance such as equity, gap, pre-sale, tax credit, and bridge funding. Film Closings will also create finance plans for clients, source financing for packaged projects, and steer filmmakers through the vigorous film closing process.
Steele was previously the Chief Financial Officer of Magnet Media Group (MMG), an equity finance, production, and distribution fund based in Los Angeles. At Magnet, he oversaw and closed deals for the company’s projects including “DARK TIDE”. Prior to handling the film closings at MMG, Steele served as a director of film finance for Screen Capital International, a leading entertainment financier and founding shareholder of Aramid Entertainment.