Cobalt mines coin for Chin’s ‘Place

Group to finance helmer's Cambodia set drama

Cobalt Media Group will finance writer-producer Stephen Chin’s “Last Place on Earth,” an action drama set in Cambodia on the eve of the United Nations-supervised elections.

“Last Place” follows a veteran CIA operative who turned fugitive after being falsely accused of treason. Traced to Cambodia by a female Asian-American reporter who has both personal and professional reasons to find him, he is pursued by both the reporter and government authorities.

Chin wrote and will produce “Last Place,” with Cobalt arranging production financing as well as international sales through its London distribution arm, Cobalt Pictures.

Chin first worked with Cobalt principals Hal Sadoff and Rodney Payne when they provided independent production financing for Ron Shelton’s “Play It to the Bone,” also produced by Chin and released domestically by Disney. Cobalt’s Jackie Levine brought the project in to the company.

‘Hammer’ nailed

Chin, who also produced “Another Day in Paradise” and “Gummo,” recently set up the epic kung-fu adventure “Hammer of God” at DreamWorks. He is producing and writing “Hammer of God” for Steven Norrington to direct.

Cobalt’s current slate includes “swimfan,” a high school thriller starring Jesse Bradford and Erika Christensen, and “Vacuums,” the feature film debut from the creators of “STOMP” starring Kip Pardue and Rose McGowan.

Cobalt was launched at the Cannes Film Festival earlier this year. Originally formed as MM Media Capital Partners in October 1999, company has been involved in financing such projects as “Heartbreakers,” “Dr. T and the Women,” MGM’s upcoming “Killing Me Softly” and HBO miniseries “Band of Brothers.”

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