Participant sets up 'Colony'
Studio nabs Title and Penner's eco-horror pitch
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Steven Schneider of Room 101 and Vertigo Entertainment's Doug Davison and Roy Lee are producing. Gabriel Mason will exec produce the project.
Logline's being kept under wraps.
Participant's most recent films are "Standard Operating Procedure" and "The Visitor."
Title and Penner's credits include "Let the Devil Wear Black," "The Last Supper" and the short "Down on the Waterfront."
Schneider is producing "Details" for Paramount, "The Flock" for Warner Bros. and "Paranormal Activity" for DreamWorks.
Vertigo most recently produced "The Eye" and "Shutter," and its upcoming projects include "Tale of Two Sisters" with DreamWorks, "The Strangers" with Rogue/Universal and "Quarantine" with Screen Gems.
