Ben Stiller and Stuart Cornfeld’s shingle Red Hour Films has reupped its first-look deal with DreamWorks for an additional three years.
In addition, DreamWorks creative exec Jeremy Kramer is leaving the studio to join Stiller and Cornfeld at their banner.
Under the terms of the first-look pact, DreamWorks has first shot at any project that Red Hour produces. Some will be developed for Stiller to direct, write or star in.
“Ben and I go way back to ‘Empire of the Sun.’ I’ve always considered him my friend, and I’m more than thrilled that he is staying in the neighborhood,” DreamWorks’ Steven Spielberg said.
Under the original first-look deal, set to expire at the end of this year, Red Hour produced “Blades of Glory,” starring Will Ferrell and Jon Heder, for DreamWorks. Laffer grossed more than $100 million domestically.
Kramer worked closely with Red Hour when overseeing production on “Blades of Glory.” During his time at DreamWorks, he also oversaw production on sleeper hit “Disturbia.” He previously worked at Miramax.
“All of us at Red Hour were very happy to renew our deal with DreamWorks after having poached their most promising talent, Jeremy Kramer,” Stiller said. “The ‘K’ in Red Hour now stands for Kramer.”
Red Hour pics in the pipeline include supernatural thriller “The Ruins,” written by Scott Smith and directed by Carter Smith. Pic wrapped shooting this week in Australia.
Currently in production is “Tropic Thunder,” which Stiller is directing and toplining. He wrote the script with Justin Theroux and Etan Cohen. Laffer, which is shooting in Hawaii, also stars Robert Downey Jr., Jack Black and Owen Wilson.
Outside his Red Hour deal, Stiller stars in DreamWorks’ “The Heartbreak Kid,” which reunites him with “There’s Something About Mary” directors Peter and Bobby Farrelly. Pic opens Oct. 5.