New ‘Titans’ epic on tap

Classic to be big-budgeted, CGI-heavy

Propaganda Films has pacted with Kinowelt USA to produce the spec script “Titans,” a new take on the Greek myth that inspired 1981 pic “Clash of the Titans.” With an eye toward fast-tracking the project, Kinowelt put down low- against high-six figures in a preemptive bid.

“Titans” will present an adaptation of the myth of Perseus and his quest to battle both Medusa and the Kraken monster to save the Princess Andromeda. Kinowelt USA, the Stateside production arm of German media group Kinowelt Medien, expects to translate the classic story into a big-budget, CGI-heavy tentpole-type pic.

Propaganda’s Paul Schiff will produce “Titans,” the feature-writing debut of Phiroze Vasunia and Michelle Tagihoff. Kinowelt co-chairs Chris Sievernich and Rainer Kolmel will serve as executive producers.

Schiff and Brian Oliver, Propaganda’s director of production, brought the project to Kinowelt USA director of development Matt Milich.

Lisa Franklin repped Propaganda in the deal, with Kinowelt handled by attorney Tom Garvin. The William Morris Agency represents the writers.

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