Halo Post is to launch a new company to acquire film and TV assets and rights.

It follows the post house’s move into Pepper’s old premises in September last year and its subsequent foray into film post production.

Halo chief executive John Rogerson said the film financing arm would launch in the second quarter, targeting profitable investments rather than post contracts.

Rogerson said there would be an initial investment tranche of about £500,000.

“If post services are connected to the deal, [the film or TV production] will work in conjunction with Halo, but post services will be not be paid for via the production budget,” he added.

“This isn’t film financing in the so-called ‘equity model’, where a facility injects short-term tax break cash to get a film up to budget and locks the producer into a post deal.”