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Stock impact report

Neon Raises $200 Million to Boost Production and Expand to New Markets [Yahoo! Finance]

Comerica Incorporated (CMA) 
Last comerica incorporated earnings: 4/21 06:34 am Check Earnings Report
US:NYSE Investor Relations: investor.comerica.com
Company Research Source: Yahoo! Finance
at Cannes with “Anora.” With more exciting projects in the works — like “They Follow,” the sequel to one of their earliest hits “It Follows” — even bigger and better things may be on the horizon. All of that costs money. On Monday, Neon announced it has closed a $200 million-plus credit facility as led by Comerica Bank (it previously had another from Comerica in 2022). Tom Quinn's distributor will use that investment to bolster its film acquisition (Palme d'Or winners don't come cheap!) and development, production, and distribution. That is likely to include new markets. More from IndieWire How Does Elphaba Fly? 'Wicked' Director Jon M. Chu Wanted Answers, and a Broom Wasn't It Alec Baldwin Doesn't Want to See the 'Rust' Final Cut Another upcoming film to look out for from Neon includes “I Love Boosters” from Boots Riley and starring Keke Palmer, Naomi Ackie, LaKeith Stanfield, Demi Moore, Eiza González, Poppy Liu, Taylour Paige, and Will Poulter. More funds could lead to Show less Read more
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