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	<title>Global-GBHL &#187; Global Renaissance Funding L.L.C.</title>
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		<title>Action on the set: Allen Park&#8217;s fight for studio brings rewards</title>
		<link>http://www.global-gbhl.com/news/2010/06/action-on-the-set-allen-parks-fight-for-studio-brings-rewards/</link>
		<comments>http://www.global-gbhl.com/news/2010/06/action-on-the-set-allen-parks-fight-for-studio-brings-rewards/#comments</comments>
		<pubDate>Wed, 16 Jun 2010 02:24:18 +0000</pubDate>
		<dc:creator>Global-GBHL</dc:creator>
				<category><![CDATA[Latest News]]></category>
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		<category><![CDATA[Entertainment]]></category>
		<category><![CDATA[Global Renaissance]]></category>
		<category><![CDATA[Global Renaissance Entertainment Group]]></category>
		<category><![CDATA[Global Renaissance Funding L.L.C.]]></category>

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		<description><![CDATA[Quote from the article below&#8230; read more here New ideas The newest player is North Carolina entrepreneur Arthur Wylie. Wylie, 35, built a money management portfolio while in college and parlayed that into a series of investments in movie projects under the firm he created, Global Renaissance Entertainment Group. He has issued press releases and [...]]]></description>
			<content:encoded><![CDATA[<p>Quote from the article below&#8230; <a href="http://www.crainsdetroit.com/article/20100616/DM02/100619887/-1" target="_blank">read more here</a></p>
<p><strong>New ideas</strong></p>
<p>The newest player is North Carolina  entrepreneur Arthur Wylie.</p>
<p>Wylie, 35, built a money management  portfolio while in college and parlayed that into a series of  investments in movie projects under the firm he created, Global  Renaissance Entertainment Group.</p>
<p>He has issued press releases and  told <em>Crain&#8217;s</em> that he has the intellectual property rights to  develop 25 movies, including a deal for books written by novelist Omar  Tyree.</p>
<p>Wylie also said he is “in discussions with” Mark Ordesky,  producer of “Lord of the Rings.” He has brought the producer to city and  county-level meetings.</p>
<p>In October, Wylie formed a joint venture  with Las Vegas-based entertainment company Global Entertainment Holdings  Inc. (OTC: GBHL). The new company, Global Renaissance Funding L.L.C.,  according to SEC filings, was formed for the two groups to jointly raise  between $20 million and $100 million to finance movies.</p>
<p>Wylie was  hired in April by the city in a $125,000 contract to market the site.</p>
<p>However,  he said, after touring the site and generating ideas for uses, he is  interested in buying part of the space for the production of movies  under his Global Renaissance title.</p>
<p>“At this point, I&#8217;m very  interested in acquiring space in this facility for the production of  movies that I&#8217;m involved with,” he said.</p>
<p>He said Friday that he  has submitted a proposal to buy a “significant portion” of the film  campus. He did not disclose the price. Burtka confirmed that the city  has received the offer, but did not comment otherwise.</p>
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