Cutting Edge Group has entered into a seven-figure slate-financing deal with Bill Block's QED, and has secured music rights to WWII actioner "Fury," starring Brad Pitt.
"It's going to be extremely beneficial for both parties," Block said. "We look forward to making a lot of movies, and a lot of music, with the Cutting Edge team."
QED's slate includes Jason Bateman's comedy "Family Fang" and "Rock the Kasbah," starring Bill Murray with Barry Levinson directing.
The deal was closed at Cannes by CEG's James Gibb and QED's Tim Connors. Last Cannes, CEG made a similar deal with Basil Iwanyk's Thunder Road.
CEG's model of financing against music licensing has been employed for over 350 titles.