Allen, Graham raising coin for eclectic slate
Austin-based Presidio Pictures has launched with a trio of projects — “12 Mighty Orphans: The Inspiring True Story of the Mighty Mites Who Ruled Texas Football,” Vietnam narrative “The Last Full Measure” and Texas Ranger tale “Rio Grande.”The newly minted banner, founded by industry vets Todd Allen and Steven Graham, is aiming to finance story-driven projects that include a marketing/distribution component. Pics will complement traditional releases with cross-platform digital distribution. Presidio is in the midst of raising $20 million in financing for “12 Mighty Orphans,” consisting of $15 million for production and another $5 million for P&A. Presidio has acquired rights to Jim Dent’s “Twelve Mighty Orphans,” centered on the football team of orphans at Fort Worth’s Masonic Home during the Great Depression. Presidio’s also raising financing for “The Last Full Measure,” the story of an Air Force officer investigating whether a war hero should get the Medal of Honor. Trilogy Entertainment Group is also a producer on “Measure,” which had been part of David Bergstein’s Capitol Films slate; the project has had Bruce Willis, Morgan Freeman, Robert Duvall and Andy Garcia attached. Allen said he’s aiming to get “Measure” into production early next year. “Rio Grande” is based on the “One Ranger” memoirs of H. Joaquin Jackson. Allen has appeared in features including “48 Hours,” “Swing Shift” and “Silverado” and on TV in “Friday Night Lights” and “Chicago Hope.” He’s a former advisor to the Austin Film Festival, and recently moved back to Austin to launch Presidio Pictures after 27 years in Los Angeles and New York. Graham, a commercial real estate developer, wrote “The Midnight Hour,” a family’s journey through the American civil rights movement, in development at Presidio.