24 September 2008
Matt Reeves Is The "Right One"
Matt Reeves To Adapt and Direct Horror Feature
"Let The Right One In" For Overture Films And Hammer Films
Overture Partners On Two Picture Deal With HS Media
(Los Angeles, CA)
September 24, 2008
It was announced today that Matt Reeves (Cloverfield) will write and direct the horror feature Let The Right One In for Overture Films and London based Hammer Films. The announcement was made today by Overture Films CEO Chris McGurk and COO Danny Rosett, as well as Hammer Films CEO Simon Oakes and Nigel Sinclair from Spitfire Pictures.
Let The Right One In will be the first film in a new two-picture co-production, financing and distribution arrangement between Overture Films and HS Media, the parent company of Hammer Films and L.A. based Spitfire Pictures. The second film in the Overture / HS Media agreement will be announced shortly.
Based on the bestselling novel with the same title by Swedish author John Ajvide Lindqvist, Let the Right One In is a contemporary vampire tale about a young boy who befriends a female neighbor who moves to town. The film is a remake of the widely acclaimed Tomas Alfredson directed Swedish film Lat den ratte komma in.
Hammer acquired the remake rights at the 2008 Tribeca Film Festival where the film took home the Founders Award for Best Narrative Feature. The film will be produced as a Hammer Films and Overture Films production with Overture eyeing a 2009 release date.
Producing the film are Hammer Films’ Simon Oakes and Spitfire Pictures’ Guy East and Nigel Sinclair. Spitfire’s Alex Brunner and Tobin Armbrust will executive produce along with John Ptak, Philip Elway and Fredrik Malmberg. Overture’s Sean Furst, EVP Production & Acquisitions, will oversee production for the studio. Swedish producers John Nordling and Carl Molinder are also involved as producers on the remake.
“Overture is excited to be in business with HS Media and such an imaginative filmmaker as Matt Reeves,” said McGurk and Rosett, adding, "Let The Right One In is the perfect project to kick off what will hopefully be a long and successful partnership.”
In addition to Cloverfield, Matt Reeves’ directing credits include the comedy The Pallbearer starring David Schwimmer and Gwyneth Paltrow, and the hit TV show Felicity starring Keri Russell. Reeves’ writing credits include The Yards starring Mark Wahlberg, Joaquin Phoenix, Charlize Theron and James Caan, as well as several episodes of Felicity.
"I was immediately taken by both the novel and the Swedish film of 'Let the Right One In,' which are just so unique," Reeves said. "I found them not only terrifying but incredibly moving, and I am very excited about adapting them into an American context."
Commented Oakes, “We’re very excited to enter this partnership with Overture on two upcoming films from HS Media. Chris and Danny have a great distribution operation that we know will give the films the best chance to succeed in the theatrical marketplace.”
ABOUT OVERTURE FILMS
Overture Films (www.overturefilms.net) develops, produces, acquires, and distributes feature length, theatrical motion pictures worldwide. The studio is a wholly owned unit of Starz Media, a controlled subsidiary of Liberty Media Corporation attributed to the Liberty Capital Group (NASDAQ: LCAPA, LCAPB), a tracking stock group of Liberty Media Corporation. Its affiliated companies, Anchor Bay Entertainment and Starz Entertainment, make the films available domestically to viewers via home video, premium television, Internet and other outlets.
ABOUT HS MEDIA
Formed by Dutch Investment Group Cyrte Investments in May 2008, HS Media is the parent company of Los Angeles based Spitfire Pictures and legendary British Studio, Hammer Films. The company is run by Nigel Sinclair, Guy East and Simon Oakes with Sinclair and Oakes serving as Co-Chairmen and Co-CEOs (out of Los Angeles and London respectively), and East as President and Chairman of the Executive Board and of the Sales and Distribution Operation.
Spitfire and Hammer operate as one business with two separate brands. The company produces 6-8 films per year and acquires additional pictures for worldwide distribution. Development and production activities are run out of both Los Angeles and London. The group also develops projects for television.
HS Media has a current combined Hammer and Spitfire library of over 300 titles and will pursue an aggressive library acquisition policy. The Hammer library is noted for its remake potential and the company is in discussions with A-list writers and directors to revive and re-imagine some of the highly touted titles.
Hammer is a legendary British film brand which was originally launched in 1934 and, following a period of inactivity during WW2, delivered a hugely successful run of films in the 1950s including Gothic classics DRACULA and THE CURSE OF FRANKENSTEIN and Sci-Fi picture THE QUATERMASS XPERIMENT. Hammer's reputation became branded worldwide as 'Hammer House of Horror'. In the 1960s Hammer struck distribution deals with Universal, Warner Brothers, Fox and Columbia. Hammer went on to produce a huge volume of films which included such titles as THE PLAGUE OF THE ZOMBIES, THE NANNY, QUATERMASS AND THE PIT, THE DEVIL RIDES OUT and ONE MILLION YEARS B.C.
Not in production since the 1980s, the company is now being aggressively reinvigorated through new investment in the development, production, financing and distribution of film, television and digital-platform content.
Hammer’s return to horror was heralded by interactive web serial BEYOND THE RAVE, which was broadcast by MySpace in 12 territories in 2008. Today, Hammer has an active development slate totalling more than 25 projects across diverse genres sourced out of both Europe and the United States. Hammer expects a number of these projects to go into production during 2009, following THE RESIDENT, Hammer’s return to theatrical features.
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