Kent Alterman and Michael Aguilar have formed Dos Tontos, a production company that kicks off with a two-year exclusive deal at Fox.
The duo will generate films for 20th Century Fox co-presidents Alex Young and Emma Watts, and Fox Atomic chief Debbie Liebling.
They start with “Cool School,” which Aguilar had already been producing at 20th, about a group of ad execs who are mentored by high schoolers so the execs can be on the pulse of youth culture. Deal is the second recent pact designed to boost Fox’s laffer output, after Ben Stiller’s Red Hour joined the fold earlier this month.
Alterman was a longtime New Line executive who made his directing debut on the Will Ferrell comedy “Semi-Pro.” Aguilar most recently ran the production division of Mosaic for Jimmy Miller. For Fox, he most recently produced “What Happens in Vegas” with Miller and Shawn Levy.
Aguilar, whose producing credits include “The Departed” and “Constantine,” stepped out of the Mosaic production post last fall to focus on producing films for Mosaic (Daily Variety
, Oct. 1). He instead veered into a partnership with Alterman, a client of Mosaic’s management division. Mosaic will rep the company.