EXCLUSIVE: Well, it didn’t take long to find out where New Myth will be finding the money to make tentpole-sized movies. A group of investors and distributors led by New Myth and Toonz Entertainment Pte Ltd have launched Epiphany, a $200 million film fund that intends to strategically build a content platform and invest in a slate of event films with an eye toward global appeal. Epiphany aims to get involved as producer and co-financier of franchise films with major studios. It starts with New Myth and Toonz and also in the investor group is European distributor A-Company, an affiliate of AR Film in Russia.
RELATED: New Myth Forms With ‘X-Men/Transformers’ Tom DeSanto; Goal To Hatch Tentpoles
New Myth is a Hollywood-based production company founded by principals Tom DeSanto, David Ranes, Grace Oppenheimer and Wayne Duband. Epiphany will co-finance its projects. Toonz is one of the largest animation and VFX studios in Asia, and it has worked with Marvel, Hasbro and Hallmark to become one of Asia’s biggest animation suppliers. Read More »
EXCLUSIVE: Tom DeSanto has teamed with David Ranes, Grace Roeder Oppenheimer, and Wayne Duband to form New Myth Entertainment. The intention is to hatch tentpole fare, along with some filmmaker driven small films. DeSanto’s writing and producing credits include X-Men and Transformers, and he was right there at the inception of both of those projects which have done billions in box office and merchandising. DeSanto is currently writing and producing his re-imagining of the millennium-old Chinese story, Creation Of The Gods, with YiSang Media, with plans of it being his next global film franchise.
New Myth is currently developing several big properties that include Faces, a high concept action thriller, with DeSanto and Ranes producing. “When a young genius invents infallible facial recognition software he uncovers a millennia old global conspiracy that threatens to throw the planet into chaos and a new World War,” DeSanto said.
UPDATE: New Myth, Toonz Entertainment Help Launch Epiphany, A $200 Million Film Fund
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EXCLUSIVE: Jim Sheridan, who made news earlier this week when he signed with WME’s Robert Newman and Manage-Ment’s Dan Halsted, has just committed to rewrite and direct Playing With The Enemy for newly formed New Myth Entertainment. The film is based on the Gary W. Moore book of the same name, which he wrote about how his father put his baseball skills to use during WWII. After being drafted by the Brooklyn Dodgers as a 15-year-old prodigy in 1940, Gene Moore joined the Navy and was stationed at a prisoner of war camp in Louisiana. There, he taught German prisoners of war how to play baseball. The film explores both the relationship between the German POWs and their American captors in the isolated camp at the height of the war, but also the relationship between Gene Moore and his son, to whom he is telling the story.
New Myth Entertainment Partners David Ranes and Tom De Santo are producing with Sheridan, and Grace Oppenheimer and Wayne Duband are exec producers. New Myth is also financing, and Sheridan will make this after wrapping Sheriff Street, a film that is also being financed and produced by New Myth. Casting will happen quick, after Sheridan completes the re-write. Sheridan is repped by lawyer Ira Schrek along with WME and Manage-Ment.