Junger pic set to shoot in L.A.
Andrew Lazar of Mad Chance Prods., Junger and Intandem CEO Gary Smith. Hayley Atwell, who was originally announced in the lead role, is no longer involved because of scheduling issues. Marcia Ross is casting the pic. Intandem, which is publicly listed on the U.K.’s Alternative Investment Market, has raised $6.5 million from U.K. investors via the Enterprise Investment Scheme, which provides tax relief for start-up capital in new ventures. It also received $1.75 million from the California Film Commission for shooting on location in L.A. and raised $1.6 million from pre-sales to Eastern Europe, Russia and the Middle East. The U.K. release will be handled by Intandem’s new British distribution arm, headed by former Disney exec Robert Mitchell. The EIS fund-raising was organized by Ben White, of White and Co., who takes an exec producer credit, alongside Intandem’s head of production Sepideh Bakhtiari. This is the first time Intandem has tapped EIS funds. Smith told Variety that the government’s decision in April to increase the EIS ceiling from £2 million ($3.2 million) to $8 million per project has made the scheme far more useful. Although the investors and the production company must be British, the cash can be used to make films anywhere in the world. Intandem plans to raise EIS coin for three more U.S. projects by April.
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