The Slamdance Film Festival has juiced up its newly minted horror screenplay contest with a guarantee that the winning script will be produced.
In an announcement Thursday, organizers of the alternative festival said they’re teaming with Angel Baby Entertainment and exec producer Michael Malagiero to produce a feature based on the winning entry. Slamdance said the writer will receive an upfront payment of $10,000 against 5% of the film’s budget, plus net profit participation on the movie and payments for any sequels.
The festival, heading into its 13th year, will run from Jan. 18 to 27 in Park City, Utah, concurrently with Sundance.
Slamdance said production of the winning script will occur during the months following the festival with the goal of staging the premiere during the follow year’s festival. The deadline for submissions in the horror category has been extended to Dec. 11.
Slamdance and Angel Baby will jointly produce each year’s film and seek a director and other filmmakers from Slamdance alumni.
“Slamdance is always looking for new and innovative ways to assist emerging artists and writers and to contribute to the film community,” said director Peter Baxter. “Producing the best script we can find in the genre is the next logical extension for us as an all-encompassing organization devoted to nurturing and supporting new talent and their visions.”