Indie giant Intermedia has reteamed with Bobby Newmyer and Jeff Silver's Outlaw Productions in a new multi-year output agreement calling for Outlaw to produce two to three major studio films a year. Intermedia will provide production financing and distribute the films internationally while brokering domestic deals on a picture-by-picture basis.
The deal is an extension of the first agreement struck in March 1998 in which Intermedia and the film division of the Fuji TV Network in Japan established a two year production fund to develop and produce Outlaw Productions films. Fuji had long been an investor in Outlaw which had a first look deal at Warner Bros at the time. The initial deal with Outlaw failed to yield any films for Intermedia since Warner released Three To Tango (a Warner/Village Roadshow production) and Ready To Rumble (a Warner/Bel Air production) and has worldwide rights on the soon-to-shoot Training Day with Denzel Washington.
Under the new deal, Intermedia has allocated a "substantial" development fund with which Outlaw can buy properties and material. The first films to go under the joint venture are psychological thriller Mindhunters set to start shooting in Feb 2001 and the comedy National Security starring Martin Lawrence which Columbia will release domestically.
Overseeing the deal for Outlaw are Newmyer and Silver and their head of production Scott Strauss. Since the company's inception in 1987, it has produced 16 films including sex, lies and videotape, The Santa Clause, Don Juan De Marco, Don't Tell Mom The Babysitter's Dead and Addicted To Love.