Regent Entertainment, best known for multi-award winner Gods & Monsters, is to shift the emphasis of its production division away from features in order to concentrate more on made-for-TV output.
A sale to TF1 within an hour of the Cannes MIP-TV event opening yesterday morning (April 15) was justification enough in the eyes of Gene George president, international at Regent.
TF1 picked up Cupid's Prey, a $3m drama produced by Regent and Film Knights, expanding an existing six-picture deal. Regent also unveiled The Wolves Of Wall Street, a David Decoteau-directed werewolf picture, and two disaster movies Tornado Watch and Terror Peak.
We are concentrating our production slate on pictures aimed mainly at the [US] cable market. From now on our theatrical business will be more skewed to acquisitions than productions,
said George. The company, however, is determined not to leave the theatrical market too wide open. It owns one of the best-known art cinemas in Los Angeles, the Regent Showcase, and is looking to expand its chain of art-plexes, which it currently operates out of Dallas.
All four films were also sold to Spanish free broadcaster, Antena 3.