Splendid Film CEO AndreasKlein has teamed up with LA-based production outfit Doc Hollywood Studios toassist in the development and production of two films over the next two years.

As part of the arrangement,Klein will advise Doc Hollywood Studios CEO Steven Saxton in the developmentand management of a $50m film finance gap fund currently being structured tofinance a slate of films to be shot in the US with budgets of under $20m totake advantage of recently established US tax incentives.

Klein was a producer on AgentCody Banks and its sequel, as wellas executive producer on Traffic,which Splendid part-financed with sister company Initial Entertainment Group.