The Oscar-winning screenwriter of The Hurt Locker and Kathryn Bigelow collaborator is backed by Megan Ellison’s Annapurna Pictures.
Boal will serve as CEO of the LA-based company while former New York Times Magazine editor Hugo Lindgren is named president based in New York.
Annapurna will hand-pick Page 1 projects to finance and produce. Matthew Budman will liaise for Annapurna and previously collaborated with Boal on Zero Dark Thirty as co-producer.
Zero Dark Thirty co-producer and longtime Boal associate Jonathan Leven has joined the company in a development/production executive position.
Boal will producer Page 1 projects and may write screenplays or teleplay adaptations. Ellison will come on in a producer or executive producer role.
Page 1 will focus on film and TV based on reported actual events. The aim is to unite filmmakers and screenwriters with non-fiction authors and journalists on projects.
The company may collaborate with reporters and rights holders on book projects that expand their coverage of an issue.
Boal and Lindgren cited event-based films as The Social Network, Lone Survivor and Captain Phillips as the types of project they would go after.