Michael Kendall, the CEO of The Locust Group, is making a leap from fintech to film with the launch of Midwood Media. His big-screen bet is going to cost $100 million.
Kendall’s Leap From Boardroom to Box Office
The Locust Group, with its staggering portfolio exceeding $100 billion, has been the silent force behind industry giants. But Kendall’s latest venture is anything but quiet. Midwood Media is making a grand entrance, announcing plans to produce 25 films over the next five years. With budgets hitting up to $20 million, the genres are as diverse as they come, spanning from action-packed thrillers to laugh-out-loud comedies.
“We’re excited to have a collection of ideas and projects in different stages of development that we believe will thrill audiences, as well as be financially rewarding,” says Daniel Heitzer, Midwood Media’s vice president.
Daring Detour Into Film
Kendall, known in financial circles for his penchant for privacy, is hoping to raise eyebrows with this pivot into cinema. “Entering the film industry now is a strategic move for us,” Kendall says. “The landscape is ripe for innovation and Midwood Media is here to introduce a new wave of cinematic storytelling.”
Midwood Media’s entry is perfectly timed, with the global movies and entertainment market projected to soar to $169.6 billion by 2030. Kendall’s knack for spotting winners and the company’s ambitious vision suggest that Midwood Media isn’t just here to play but aims to be a leading force in the industry.
Midwood Media’s Movement Gaining Hollywood Hype
Turning heads from Wall Street to Hollywood, Midwood Media is gearing up to be the next big disruptor in the film arena.
“Midwood Media represents a new chapter in storytelling,” Kendall says. “Our vision is to disrupt the traditional film landscape with innovative content that resonates with today’s diverse audience. We’re crafting experiences that blend commercial viability with artistic integrity.”
Kendall adds, “Midwood Media is the fresh face everyone’s watching. As the company takes its $100 million stride, the buzz in Tinseltown is just the beginning of what promises to be a groundbreaking journey from the boardroom to the box office spotlight. This newly established independent film production company is poised to make some serious waves.”
