Munich and London-based K5 International has closed a first-look and partnership deal with New York and Los Angeles-based PalmStar Entertainment.
K5 partners Oliver Simon, Daniel Baur and Bill Stephens will handle foreign sales on PalmStar’s slate and will actively produce select titles.
PalmStar was founded in 2004 by Kevin Frakes and Stephan Paternot and has more than a dozen titles in development including the Bret Easton Ellis project Golden Suicides, which is being developed in conjunction with Gus Van Sant, and Lunar Park, which they will produce in association with Oliver Simon and Daniel Baur through K5 Film.
Earlier this year PalmStar hired William Morris Endeavor Entertainment Global to represent the company and its films for packaging.
“We’ve been tracking PalmStar’s progress over the last couple of years and believe they have been developing some fantastic material which we are excited to now be a part of.” K5’s Simon said.
K5 recently executive produced and sold the Robert Duvall drama Get Low, which premiered at Toronto and will be released domestically through Sony Pictures Classics.