Internet entrepreneur Christopher Mallick has launched Oxymoron Entertainment with a $50 million bankroll, aiming to finance films in the $2 million to $10 million range.
First project from the Los Angeles-based shingle will be a comedy-drama “The Great Intervention,” centered on young adults coming to terms with the serious side of life. It’s penned by Andy Weiss and Jamie Abrams and set to lense in late spring.
Oxymoron’s attempting to take advantage of what it sees as a trend toward boutique-based filmmaking under which specialty divisions acquire distribution rights without having to pay for development costs or incurring bank finance charges.
“I believe there is an interesting frontier that is emerging for smaller and mid-range product due to the convergence of traditional and new media,” Mallick said.Mallick’s background is in operating companies that process credit card transactions over the Internet. He’s the owner of ePassporte.