Oscar-winning producers Al Ruddy and Gray Frederickson have teamed to produce a series of low-budget pics targeting the youth market.
Graymark Prods. will fully fund the co-venture, Graymark principal John Simonelli said. The group plans to produce three movies over the next 12 months.
The first pic will be “Cloud Nine,” which stars Burt Reynolds and D.L. Hughley. Harry Basil (“A Hairy Tale”) will direct the pic, in which a has-been coach and con man creates a women’s volleyball team composed of strippers.
Brett Hudson, Burt Kearns and Ruddy wrote the script. Hudson and Kern’s Frozen Television will produce in association with Ruddy Morgan and Graymark.
Ruddy is producing Warner Bros. Pictures’ “Million Dollar Baby,” which stars Clint Eastwood, Morgan Freeman and Hilary Swank. He is also the executive producer of Paramount Pictures’ “The Longest Yard,” which stars Adam Sandler.
Ruddy won an Oscar as producer of “The Godfather.” Two years later, Frederickson won an Oscar for producing that pic’s sequel.