The Film Dept., the new production and finance entity steered by Mark Gill and Neil Sacker, has made its first script acquisition: Chloe King’s “Lorelei.”
King is the daughter of Zalman King (whose credits including “B. Monkey” and “Poison Ivy 2”).
Story centers on a couple whose marriage ended in a bitter divorce but learn the only way to save their daughter, who’s ill with leukemia, is to conceive another child. Pic will be produced by Chloe King, Gill, Film Dept. production chief Robert Katz, Greg Little and Lizzie Friedman. Sacker will exec produce.
” ‘Lorelei’ is an extraordinary story that confounds expectations at every turn,” said Gill, the company’s CEO, noting the script’s blend of drama and comedy.
Little and Friedman are founders of Sandbar Pictures, a production and finance entity formed in 2004. The company’s titles include “Sex and Death 101” and “Whiz Kids,” a documentary about young scientists that is now in post.
The Film Dept. recently announced $200 million in capitalization from a consortium of investors. It is aiming to fully finance and produce six titles a year, with each budgeted at $10 million-$35 million.