Producer JohnDaly, the former Hemdale Films chief who recently joined Miracle Entertainment aschairman, has launched Miracle Film Distribution (MFD), a wholly owned film distributioncompany that plans to release 10-12 picture a year in the US domestic market.

Daly said MFDhas arranged a print and advertising fund for its first release, which will beannounced in a few days. Distribution and marketing executive William Slaughterhas been hired as a consultant. Slaughter heads the independent distributor RSEntertainment, which has released more than 125 theatrical titles since itsinception in 1989. MFD will be at the AFM seeking 'distinctive, quality' films.