HDNet Films, the high-definition production division ofTodd Wagner and Mark Cuban's 2929 Entertainment, has given the greenlight tothree low-budget movies to be shot this year on high definition digital video.
* Quid Pro Quo is a dark comedy written and to be directed by Carlos Brooks andproduced by Midge Sanford and Sarah Pillsbury.
Brooks previously sold his screenplay Empire to Image Movers, where he is developingit with Robert Zemeckis. Sanford and Pillsbury's producing credits include DesperatelySeeking Susan, EightMen Out and mostrecently The Love Letter for DreamWorks.
* Over The Mountainsis a contemporary political drama written by Joseph Castelo, Ayad Stehle-Aktarand Tom Glynn. Castelo will direct with Tom Glynn and HDNet Films chiefs JasonKliot and Joana Vicente producing.Stehle-Aktar will star.
* Black Magic is an Enron documentary written and to be directed by AlexGibney, who made the documentary The Trials Of Henry Kissinger.
The picture is based on Bethany McLean and Peter Elkin's nonfiction book The Smartest Guys In The Room and is about the inside story of the Enron scandal. Gibneyand Kliot will produce.
"Our mission with HDNet Films is to seek out a spectrum ofgroundbreaking projects from exciting new film-makers," Kliot said in astatement. "Though we've only been up and running for a few months we hope tohave at least six movies in production by the end of our first year."
Will Battersby, HDNet Films' head of development, helped put theslate together and the company's head of production Gretchen McGowan willoversee production.
McGowan is a veteran of digital production, having overseen all ofKliot and Vicente's Blow Up Pictures slate of six digital features, including ChuckAnd Buck, Series 7, Lovely And Amazing and The Guys.
HDNet Films willfinance and produce up to eight films a year that will be shot for budgets ofup to $2m. The pictures are intended for theatrical release.