Hyde Park, Parkes/MacDonald snap up script with Imagenation coin

Hyde Park Entertainment and Parkes/MacDonald Prods. are teaming on “Killer,” snapping up Kenny Golde’s spec preemptively and launching development — with both banners using coin from Abu Dhabi’s Imagenation.

Story centers on a rogue police investigator who discovers a video left by a killer, triggering a cat-and-mouse game, with the investigator several steps behind his prey.

Producers are Hyde Park topper Ashok Amritraj and exec veep Patrick Aiello and Parkes/MacDonald’s Walter Parkes and Laurie MacDonald.

APA took the spec out Thursday, and Parkes/MacDonald exec Marc Restighini brought the project to Aiello as a potential partnership. Negotiations went on through the weekend and the deal closed Monday morning. Parkes/MacDonald is funding the script purchase out of its 4-month-old deal with Imagenation that provides a $10 million revolving financing fund. Hyde Park’s committing to finance “Killer” from its 2008 deal with Imagenation, which provides $250 million in funds to develop, produce and distribute up to 20 feature films over seven years — aiming for English-language fare with global appeal.

Earlier this month, Imagenation and Parkes/MacDonald optioned the rights to Richard Matheson’s novel “Earthbound” through the revolving fund. Parkes/MacDonald and Imagenation are also partnering with DreamWorks (where they have a first-look) on “Museum of SuperNatural History,” based on Ernest Lupinacci’s website; and “Eat, Sleep, Poop: A Common Sense Guide to Your Baby’s First Year.”

Golde has directed 2003′s “The Job” and “Uncross the Stars,” starring Barbara Hershey and Ron Perlman. He also penned “The Do It Yourself Bailout,” published last year, describing how he reduced $212,000 in credit card debt to only $30,000 in six months by negotiating directly with credit card companies.

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