Boyle & Taylor ride ‘Rocket’ to multimillion-$ financing

Less than a year after its formation, and following its involvement as executive producers of the coming Columbia Pictures pic “Bottle Rocket,” the production company Boyle & Taylor Prods. is closing in on a $ 25 million to $ 30 million deal to finance independent productions.

A partnership between former Orion production executives Michael Taylor and Barbara Boyle, based at the Landmark Entertainment offices in North Hollywood, Boyle & Taylor has retained the Beverly Hills-based investment banking firm Bannon & Co. to raise the production fund.

“Financing independent productions is extremely difficult, but we are in fact talking with some institutions about the possibility of using foreign pre-sales off of this company’s productions to collatoralize an equity commitment to the company,” said Bannon & Co. partner Stephen K. Bannon.

Adding oomph to the effort is Boyle & Taylor’s development slate. Beyond “Bottle Rocket,” which appears headed for pre-production under the aegis of producers James L. Brooks, Polly Platt and Cynthia Hargrave, the list includes the remake of 1951 Ealing comedy “The Lavender Hill Mob,” which is being penned by Charlie Haas; the genetic engineering thriller “Forbidden Sequence,” which is being developed in partnership with executive producer Gary Bart to be written by David Shaber; and an adaptation of the life story of longtime fugitive Katherine Ann Power.

Boyle said Boyle & Taylor was approached by Power’s attorney Rikki Klieman about the possible acquisition of the exclusive movie rights to Power’s story, but a Massachusetts probation order subsequently prohibited Power or her reps from profiting on her story. Power’s reps have appealed the probation order. The story is still being developed, she said, pending the outcome of the appeal.

While the Powers pic is in limbo, “Bottle Rocket” is nearing a greenlight. About two disenfranchised Texas teenagers who commit robberies as much for the thrill as the financial gain, the film will be directed by Wes Anderson and star Owen Wilson, Luke Wilson and Andrew Wilson. A cameo role, earmarked for a major star, has yet to be cast by the studio. Budget is estimated in the $ 5 million range, and production is set to start this summer in Dallas.

Boyle and Taylor worked together in the early 1980s at Orion Pictures, where Boyle was senior VP, worldwide production, and Taylor was VP and exec assistant to the president Eric Pleskow.

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