HAMMER
INKS HORROR PACT WITH FIRSTSIGHT FILMS
Hammer Entertainment
Ltd and FirstSight Films Ltd are to develop and produce a slate
of six feature films in the horror genre.
The
pact marks the first significant move back into feature film
production for Hammer since its acquisition by a group of film
industry investors last year. It also marks a further step in
the establishment of FirstSight as a leading independent producer
in the UK.
"By entering into this agreement with Charles Sturridge and
his colleagues at FirstSight, we are clearly signalling our
intent to deliver entertainment of high creative ambition within
the most reliably commercial of film genres," said Hammer chairman,
Larry Chrisfield.
"We are big fans of horror and even bigger fans of Hammer,"
said Sturridge. "We started talking to the Hammer principals
as soon as they bought the company and we are thrilled to have
reached agreement on this plan to deliver a slate of high-quality
movies."
Sturridge and his FirstSight partners Francesca Barra and Selwyn
Roberts will oversee the development of scripts while also taking
responsibility for physical production. Hammer executives Terry
Ilott and Peter Naish will take primary responsibility for finance
and distribution.
"We expect that the entertainment value of the films we produce
with Hammer will lie not just in the shock to the system that
horror has to deliver but in the thrilling intensity we can
bring to the exploration of such issues as identity and redemption,"
added Sturridge. "These are of especial, but not exclusive,
relevance to young adult audiences and they take character rather
than situation as their starting point. Above all, we want to
make films that are cathartic and redemptive, returning the
audience to the surface not exhausted but exhilarated by their
experience."
The pact envisages a slate of medium-budget feature films that
are made according to a production formula that limits the cost
of individual above the line elements; that utilises a regular
pool of production service providers, heads of departments and
technicians; and that provides talent with meaningful participation
in revenues. It is expected that the slate will attract A-list
writing and directing talent.
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"Since
we acquired Hammer last year, we have had to redefine the brand
for the 21st Century," noted Hammer chief executive Terry Ilott.
"For us, Hammer stands for high-quality, well-made productions
that have artistic integrity and respect for the audience. Hammer
horror is about essential, mainstream entertainment. Therefore,
the films that emerge from this agreement will be aimed squarely
at the commercial marketplace, where they will have to compete
with the best that Hollywood has to offer."
FirstSight principals Charles
Sturridge, Selwyn Roberts and Francesca Barra are currently
making Shackleton for Channel Four Television and A&E.
Sturridge, one of the most respected film-makers in the UK,
recently wrote and directed Longitude, with Michael Gambon
and Jeremy Irons, as well as the multiple-Emmy Award winning
Gullivers Travels, with Ted Danson and Mary Steenbergen.
His feature film credits include Runners, Aria,
Fairytale: the Movie, Where Angels Fear to Tread
and A Handful of Dust. His high-profile television career
began in 1982 when he directed Brideshead Revisted.
Hammer, one of the most celebrated names in film history, was
acquired early last year by an investment group comprising Charles
Saatchi (co-founder of ad agency Saatchi & Saatchi and partner
in M&C Saatchi), Rick Senat (formerly head of business affairs
for Warner Bros, Europe), Larry Chrisfield (former head of Ernst
& Young's Entertainment and Media Group), Rob Dickins (chief
of record label Instant Karma and former chairman of Warner
Music UK), Neil Mendoza and William Sieghart (partners in leading
publishing agency Forward Publishing) and entrepreneur Uri David.
The company has a substantial library of films it owns outright
as well as profit participations in films distributed by the
Hollywood majors.
For further information please contact the Hammer London
office on 00 44 20 7637 2322.