Project X, Radio Silence Enter Joint Venture With MRC For Production, Financing Of Genre Features

deadline.com:

After teaming on forthcoming Uni monster thriller Abigail, both of the newest films in the Scream franchise, and Searchlight horror comedy Ready or Not, Project X and Radio Silence have entered into a new joint venture with MRC (Knives Out, Saltburn) for the production and financing of modestly budgeted genre features.

Under the pact, the companies will pool their resources, expertise, and creativity, with an eye toward producing 2-3 new films per year.

Levering both original scripts and untapped IP, the collaboration will allow the companies to move toward generating inventive and engaging horror and thriller projects, from both up-and-coming and established writers and directors.

They’re currently sourcing and developing projects to kickstart the initiative and will be announcing their initial slate soon. “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,” said Project X co-founders James Vanderbilt, William Sherak and Paul Neinstein 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.” Radio Silence members Chad Villella, Tyler Gillett and Matt Bettinelli-Olpin stated that being able to “formalize” its alliance with Project X, while working with another champion of “original and fresh films” in MRC, “couldn’t be more exciting” to the team. “We look forward to championing original movies for a global horror and thriller audience