Small cap round-up: Intandem Films, 1pm, Hardide, Asterand

International film group Intandem Films has become one of only 10 companies in the world to secure financing via the California Film Commission (CFC) Tax Credit Lottery.

International film group Intandem Films has become one of only 10 companies in the world to secure financing via the California Film Commission (CFC) Tax Credit Lottery.

The lottery is the name given to the annual selection of films and TV shows eligible to receive a tranche of the $100m allotted for state film tax credits. The firm's film, "10 Things I Hate About Life", will receive $1.76m from CFC, with filming set to begin this November in Los Angeles. In addition to being responsible for raising the production finance for the film, for which it will earn producer fees, Intandem has worldwide sales rights to the film and will earn 15% commission on all sales. The company achieved pre-sales of almost $2.0m at the Cannes Film Festival in May.

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