Beleaguered STX Entertainment is attempting another reset with a new owner. Crown Productions, the film financing subsidiary of diversified insurance platform A-CAP, will lead the recapitalization and own 100% of STX. The CEO is Peter Coleman, a board member and chief executive of Film Services International (FFI), a holding for historic completion bond company Film Finances, the global leader in the space, and a group of production and post-production firms, which will all become sister companies of STX. A-CAP is a 50% partner in FFI. Deadline hears that STX founder and chairman Robert Simonds and chief executive Noah Fogelson are exiting. Sam Brown, President of STX Film & Television, remains in place. STX films include Gerard Butler’s disaster thriller Greenland 2: Migration, which opens this weekend via Lionsgate with STX handling international. >>>Slate Plans |