Radio Silence Productions and Project X Entertainment, both behind the relaunch of the “Scream” franchise, are forming a joint financing pact with studio MRC to fund and produce horror and thriller features. The partnership, announced Wednesday morning, aims to produce two to three features annually. An initial slate of projects is said to be announced soon.
The new pact further solidifies the relationship between Project X and Radio Silence, who not only relaunched the “Scream” franchise with a hit fifth entry, but also collaborated on features such as “Ready or Not” and the upcoming Universal vampire movie “Abigail,” directed by Matt Bettinelli-Olpin and Tyler Gillett.
“To be able to formalize our alliance with Project X and work with a studio in MRC that champions original and fresh films couldn’t be more exciting to us as storytellers,” said Radio Silence members Chad Villella, Gillett and Bettinelli-Olpin in a joint statement. “We look forward to championing original movies for a global horror and thriller audience and hope to create new franchises for genre enthusiasts for years to come.”
“Our partnership with Radio Silence, combined with MRC’s stellar track-record, innovative deal-making and creative and production support, will enable us to explore new horizons in this type of filmmaking and become a one-stop shop for creative talent in this space,” Project X Entertainment co-founders, James Vanderbilt, William Sherak and Paul Neinstein said in a joint statement. “Not only have we been fortunate to work together on a number of films, but we have become a family who enjoys making movies together in a business which otherwise likes to throw you a challenge at every turn.”
“We are thrilled and honored to join forces with these two companies who share a love of fun and distinctive films,” said MRC’s Brye Adler andJonathan Golfman. “It is rare to find partners so like-minded and entrepreneurial and we are excited to make a bunch of movies together!””
According to the statement, the partnership will facilitate projects “that prioritize creativity and storytelling over larger budgets,” aiming to make its business accessible to both rising and established filmmakers.
