Aside from sourcing material for Murphy, the agency's independent division under Cassian Elwes will work with the trio to maximize talent and financing possibilities for their MASS Productions and Downey and Taylor's separate Film And Music Entertainment (F&ME).
Murphy, a hot commercials director who made his feature debut with White Lightnin', will be represented by Sara Bottfeld and Danny Gabai.
The next project for the trio is Jesus Christ Airlines, which is currently being scripted by Kit Peel, and follows events in the lives of one family set against the backdrop of the Biafra airlift.
Other projects in the pipeline are an adaptation of an Iain M Banks story from his Culture cycle and a possible collaboration with UK author Tibor Fischer.
Meanwhile F&ME's slate includes FAKE!, Clifford Irving's biopic of art cheat Elmyr de Hory to be directed by Ed Blum, nature documentary Turtle: The Incredible Journey from director Nick Stringer, award-winning Croatian film Buick Riviera, Julius Kemp's Icelandic horror slasher Reykjavik Whale Watching Massacre and Antonio Nuic's Donkey.