WV Native starts film company - Beckley, Bluefield & Lewisburg News, Weather, Sports

WV native starts film company

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    Pick-up rolls on top along WV Turnpike near Ghent

    Friday, August 22 2014 10:38 AM EDT2014-08-22 14:38:07 GMT
    Officials said that the weather could be the cause of an accident that happened at around 9:15 a.m. on Friday, Aug. 22, 2014. The driver of the pick-up truck apparently lost control after hydroplaning.
    Officials said that the weather could be the cause of an accident that happened at around 9:15 a.m. on Friday, Aug. 22, 2014. The driver of the pick-up truck apparently lost control after hydroplaning.
  • Fire Destroys Home in Raysal, WV

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    Friday, August 22 2014 10:22 AM EDT2014-08-22 14:22:31 GMT
    Fire Destroys Home in McDowell CountyFire Destroys Home in McDowell County
    Crews responded to the scene of a house fire in Raysal, McDowell County at around 1:30 a.m. on Friday, August 22. The house was next to the State Road Garage and near the car wash as you're going towards Bartley.The Raysal Fire Department, Bradshaw Fire Department and the War Fire Department all responded to the scene. The McDowell Authority EMS were also on scene. Emergency dispatchers said the fire rekindled at around 6 a.m. The scene was clear by 7 a.m.No one was home at the time of the fi...
    Crews responded to the scene of a house fire in Raysal, McDowell County at around 1:30 a.m. on Friday, August 22. The house was next to the State Road Garage and near the car wash as you're going towards Bartley.The Raysal Fire Department, Bradshaw Fire Department and the War Fire Department all responded to the scene. The McDowell Authority EMS were also on scene. Emergency dispatchers said the fire rekindled at around 6 a.m. The scene was clear by 7 a.m.No one was home at the time of the fi...
  • UPDATE: American Mine Power owner hopes to reopen soon following fire

    UPDATE: American Mine Power owner hopes to reopen soon following fire

    Friday, August 22 2014 10:20 AM EDT2014-08-22 14:20:20 GMT
    A fire has been reported at American Mine Power in Scarbro.
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  • BusinessBusinessMore>>

  • Hatfield and McCoy feuding continues in Gilbert, WV

    Hatfield and McCoy feuding continues in Gilbert, WV

    Thursday, August 21 2014 11:39 PM EDT2014-08-22 03:39:40 GMT
    A modern day family feud is brewing in Gilbert, WV over moonshine and the family name.
    A modern day family feud is brewing in Gilbert, WV over moonshine and the family name.
  • 'Downtown Wheeling Inc.' Changes Name, Still Has Same Goals

    'Downtown Wheeling Inc.' Changes Name, Still Has Same Goals

    Thursday, August 21 2014 3:16 PM EDT2014-08-21 19:16:18 GMT
    One popular organization in Wheeling has changed their name. "Downtown Wheeling Inc.," will now be known as "Reinvent Wheeling." The group hosts many events in the Wheeling area such as the Wine and Jazz Festival, the Big Ideas Speaker series, and First Fridays. According to Reinvent Wheeling member Jake Dougherty, the name change is intended to reflect the organizations efforts to revitalize the downtown area. He said, "We were looking for a name that really expresses what was happening in d...
    One popular organization in Wheeling has changed their name. "Downtown Wheeling Inc.," will now be known as "Reinvent Wheeling." The group hosts many events in the Wheeling area such as the Wine and Jazz Festival, the Big Ideas Speaker series, and First Fridays. According to Reinvent Wheeling member Jake Dougherty, the name change is intended to reflect the organizations efforts to revitalize the downtown area. He said, "We were looking for a name that really expresses what was happening in d...
  • US existing home sales rise for 4th straight month

    US existing home sales rise for 4th straight month

    Thursday, August 21 2014 10:33 AM EDT2014-08-21 14:33:29 GMT
    Sales of existing U.S. homes rose for the fourth straight month in July to their highest level in nearly a year, the latest sign that the housing recovery is picking up after stumbling at the start of the year.
    Sales of existing U.S. homes rose for the fourth straight month in July to their highest level in nearly a year, the latest sign that the housing recovery is picking up after stumbling at the start of the year.

West Virginia native David Selby, a veteran film, stage and television actor, has joined three others to develop an equity based management investment fund to encourage film production in West Virginia, Dream Factory LLC.

West Virginia film producer Jeff Tinnell of The Alleghany Image Factory will serve as CEO of the new company. Film financing veteran John Michaels has joined the management team as a production and financial structure specialist and Lynne Schwabe, director of development for the National Youth Science Foundation, will handle investor relations and market the new company.

Dream Factory LLC will be launched in a series of events throughout the state in an attempt to attract interested investors. Selby said securities in the company would only be sold to "accredited investors," as defined by the rules and regulations of the Securities and Exchange Commission.

Dream Factory was formed to take advantage of the growing market demand for content worldwide, according to information from the company, with a mission to deploy capital in film and television projects approved by management in the form of equity investments. 

Tinnell's Allegheny Image Factory has produced several film and television projects, with many filmed in West Virginia, and he said the state has an attractive tax incentive.