Studio to co-finance thriller with Intrepid

Summit Entertainment has boarded “The Cold Light of Day,” agreeing to jointly finance the thriller with Intrepid Pictures.

Intrepid’s Trevor Macy and Marc D. Evans developed the project over the past year and will produce.

“Cold Light,” penned by Scott Wiper and John Petro, follows a young American whose family is kidnapped while on vacation to Spain. He’s left with only hours to find them, uncover a government conspiracy and the connection between their disappearance and his father’s secrets.

Project’s expected to commence principal photography entirely on location in Spain in the early spring. Summit will distribute the film domestically and sell internationally.

Summit and Intrepid are currently seeking a director.

Intrepid’s Trevor Macy and Marc D. Evans developed the project internally and will produce.

Spanish producer Galavis Film will co-produce, and Galavis principal Jesus Martinez will exec produce. Kevin Mann, Matthew Perniciaro and Wiper are also attached in a producing capacity.

“Cold Light” is the second recent addition to the Summit slate. The minimajor’s distribbing “Source Code,” with Jake Gyllenhaal in talks to star, for Vendome Pictures and Mark Gordon.

Intrepid, a four-year-old production and financing company, co-produced “The Strangers” and is also packaging an untitled David Prior project and actioner “The Couriers” for production next year.

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