MM Media, Crystal form credit union
Par-based prod'n co. looking to make 12 $20 mil-$60 mil pix
Films will be budgeted at $20 million-$60 million.
Los Angeles-based Crystal Sky, led by Steven Paul, recently inked a deal with Germany's VCL Communications, which will put up 25% of the financing for pics done with Paramount, or for any TV projects.
Paul said the credit line will finance Crystal Sky's work with other studios and producers in addition to Paramount. MM Media Capital is a new banking consortium formed last fall by Hal Sadoff, Rodney Payne and Myles Nestel.
Crystal Sky's projects in development include:
- "New York Wars," being written by Jeremy Iacone ("The Bone Collector"). Voight will co-star in the action piece dealing with the rising influence of the Russian Mafia in New York.
- "First Comes Love," a remake of the theatrical French comedy "Delphine 1, Yvan 0." Project is being co-produced with TF1. Script being written by Chris Corman and Matt Ord follows a young couple falling in and out of love and the role the media plays in their relationship.
- "Cheek to Cheek," a comedy co-written by Gene Wilder and Tom Straw and starring Wilder as a recently released mental patient who believes he is Fred Astaire who meets his own Ginger Rogers.
- "Korczak," story of Janus Korczak, Polish children's author and medical doctor and one of the world's first advocates of children's rights.
- "Three Men and a Leg," remake of an Italian action/comedy that follows three men, one soon to be married, on a road trip with a precious sculpture that must be delivered intact to the future father-in-law.
Crystal Sky's most recent project includes "Baby Geniuses," a Sony Pictures Entertainment/TriStar release with Kathleen Turner and Christopher Lloyd.
Other projects in development include "Baby Geniuses 2: The Return of the Big Kahuna" and "Cho-Cho the Talking Dog."
