Omega Entertainment and Baldwin Entertainment Group are planning to finance and distribute as many as ten films a year, with $10 million-$60 million budgets reports the trades.
The plan is to expand Omega from a small-to mid-sized pan-European rights trader into a global financing, production and sales outfit.
To that effect they’ve announced the first four films in their line-up:
“Mandrake,” a contemporary action-adventure based on the classic comic “Mandrake the Magician,” which Chuck Russell will direct
“Luna,” a biopic of eco-warrior Julia Butterfly Hill, to be directed by Deepa Mehta
“1:30 Train,” a love story that Joel Schumacher is in talks to direct
“Indiscretion,” a romantic comedy which Peter Cattaneo will direct.