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Ryder exits Newmarket, fires Raygun

Exec's duties to be divided among current employees

Aaron Ryder has ankled his post as head of production at Newmarket to form joint venture Raygun Prods., which will produce films for Newmarket and other companies.

Newmarket will provide Raygun with a discretionary fund to acquire and develop material. Carolyn Harris, who has served as part of Newmarket’s creative team, will join Ryder at Raygun as a creative exec.

Ryder’s administrative duties will be divided among current Newmarket employees so that Raygun can seek more production and co-production opportunities for Newmarket and Gotham-based distrib Newmarket Films, headed by Bob Berney. Ryder will also continue to participate in the division’s acquisition activities.

Apart from its production activities with Ryder, Newmarket will continue to produce films via its established producer and director relationships.

Ryder was responsible for bringing “Memento” into the company and served as the film’s executive producer. He also exec produced “The Mexican” and “Donnie Darko.”

Upcoming projects for Ryder include “The Moguls,” to be directed by Ed Decter and financed by Michael Kuhn’s Qwerty Films. It’s slated to begin production this fall.

He will also produce “Revolver,” written by Adam Sussman for Focus Features, as well as Christopher Nolan’s “The Prestige,” a Newmarket co-production with Disney and Warner Bros. Prods.

Currently in release is “Whale Rider,” which has grossed more than $20 million to date.

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