Full Moon Entertainment plans to produce 16 films in 1993, with two targeted for theatrical release. The first of the theatricals will be released by Paramount Pictures; definitive release agreement for second pix has not yet been inked.‘Puppet’ budget Initial theatrical is “Puppet Master: The Movie,” and is budgeted at $ 4-7 million, according to Full Moon CEO Charles Band. Film features characters Band introduced in earlier “Puppet Master” pix that were released straight to video by Paramount Home Video. A Par Pix spokesman said it’s too early to say how wide “Puppet Master: The Movie” will open, or what the theatrical ad budget will be. Second theatrical has not been set, but production budget will likely be in the same $ 4-7 million range, said Band. The 14 other projects will likely go straight to vid. Ten will be on the Full Moon label in the sci-fi/fantasy/horror genres, and four will be on Band’s Moonbeam label. The Moonbeam films retain fantastic elements, but are targeted at family audiences. Standing agreement Financing for the Moonbeam pix comes entirely from a standing distribution agreement with Paramount Home Video. The Full Moon projects are funded in part by a distribution agreement with Par Home Vid and through ongoing relationships with foreign companies and through presales. The non-theatrical projects are each budgeted, on average, at under $ 2 million. Three of the Moonbeam titles slated for 1993 production are “Dragonhunt, “”Hybrids” and “The Shrunken City.” The Full Moon titles slated for 1993 production in Los Angeles are “Trancers IV,””Trancers V,””Ragdoll” and a “Puppet Wars” trilogy, in addition to “Puppet Master: The Movie.” Band will shoot five more Full Moon pix at production facilities in Bucharest: “Oblivion” and “Oblivion II,””Darkangel,””The First Voyage of Endor” and “The First Voyage of Endor II.” The company has completed 10 pix this year: “Doctor Mordrid,””Trancers III, “”Robot Wars,””Subspecies II,””Subspecies III,””Prehysteria,””Mandroid, “”Invisible,””Dollman vs. Demonic Toys” and “Remote.” Typically, each title ships 20,000-35,000 units when it’s released on cassette by Paramount Home Video. In addition to distributing the vidcassettes, Paramount distributes Band’s Moonstone Records, and comic books and trading cards based on the film characters. Beyond the existing Paramount arrangements, Band is exploring merchandising opportunities and television deals for the Full Moon and Moonbeam properties. Paramount and Full Moon originally pacted in 1988, and the distribution deal was renewed twice.
Want Entertainment News First? Sign up for Variety Alerts and Newsletters!