The Los Angeled-based 3SIX9 Studios – announced at an event on a yacht in the bay of Cannes – is co-founded by actor and producer Daya Fernández, who serves as CEO; Inga V. Smith, who is a former VP of production at Paramount and is the company’s president; “Prison Break” star Amaury Nolasco; and Saudi businessman Sheikh Mohammed Youssef El Khereiji, chairman of Global Group of Companies, who will serve as chairman.
Sheikh Mohammed is a billionaire who wears many hats including CEO of media advertising and investment entity Engineer Holding Group (Ehg). He has been an investor in Hollywood movies in the past. Now, “His recent backing of 3SIX9 Studios is a testament to Saudi Arabia’s commitment to nurturing creativity and innovation in global cinema,…