Indie planning on 3 pix a year
The Polestar Group is launching a new film and TV production, distribution and management firm, a venture its founders hope will eventually become “the largest independent entertainment company in the world.”The official announcement will be made today. Based in Beverly Hills, the indie will develop product through four separate divisions: television, film, distribution/acquisition and management, with financial backing provided by City National Bank. Anthony Scala, CEO of the Chadwell Investment Group, is toplining Polestar. Catarina Conti, Mimi Maynard and Philip Segal will head the company’s film division — Polestar Pictures. Segal will also run Polestar’s television arm; Marjorie Skouras will co-head the management division with former Par creative affairs director Paul Young. “While building a library of film and television projects, we are building a stable of top-caliber writers, directors and actors that may be organically and intelligently packaged,” Scala said. Polestar’s film division plans to produce three features per year in the $1 million-$3 million range, with the first to start production in October. Under its Polestar Television banner, the company is developing several series and specials including:
- “G-Saviour,” a $4 million live-action/CG telepic based on the popular Japanese animated children’s series “Gundam.”
- “Preceptor,” a sci-fi series described as “The Man Who Fell to Earth” meets “Starman,” developed for the U.K.’s Channel Four.