Erik Feig Jon Kopaloff/Getty Images for City Year Los Angeles Share on Facebook Share on X Share to Flipboard Send an Email Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Print the Article Post a Comment Erik Feig is launching an indie production banner, Arena SNK Studios, to expand the Hollywood producer's reach in movies, TV, gaming and live events. Feig's company says it has secured around $1 billion in financing backing for the new venture, which is led by backers in Saudi Arabia.