Daniel Adams Forms $50 Million Spiderworx Fund, Developing ‘L.A. Minute’

Film director Daniel Adams and Nashville music producer Michael Flanders have teamed up to create Spiderworx Media, a $50 million fund to produce theatrical motion pictures over the next several years.

An L.A. Minute,” co-written by Adams and former National Lampoon and High Times editor-in-chief, Larry “Ratso” Sloman, will be Adams’ first film to under the partnership. The pic is a “satirical look at fame, success, the star-making machinery and the karma that attaches to all those who worship at the altar of celebrity,” according to Adams.

Adams served 21 months in Massachusetts state prison for inflating expenses to obtain production tax credits on “The Lightkeepers,” starring Richard Dreyfuss and Blythe Danner, and “The Golden Boys,” starring David Carradine. He was released in 2013.

“L.A. Minute” will be for sale at Cannes. Spiderworx recently signed a deal with Hyde Park International, a division of Ashok Amritraj’s Hyde Park Entertainment Group, to exclusively represent international sales.

“We are fully financing all of our films and are now actively making offers to actors for ‘An L.A. Minute’  and are looking forward to creating a full slate of films,” Flanders said.

The entity will also serve as a music publisher and P&A fund. Flanders — the former head of A&R of Arctic/BMG Australia — will produce every project.

Adams will direct most of the projects, but will occasionally step back and hire other directors. Harris Tulchin (“The Devil’s Double”) has been appointed legal and business affairs counsel to Spiderworx and will serve as a producer on each project as well.

Addams also directed “A Fool and His Money,” starring Sandra Bullock; “The Mouse,” with John Savage; and “Primary Motive,” toplined by Judd Nelson.

More Film

  • Get Hard

    Writer Claims 'Get Hard' Ripped Off His 'Prison 101' Idea

    Film director Daniel Adams and Nashville music producer Michael Flanders have teamed up to create Spiderworx Media, a $50 million fund to produce theatrical motion pictures over the next several years. “An L.A. Minute,” co-written by Adams and former National Lampoon and High Times editor-in-chief, Larry “Ratso” Sloman, will be Adams’ first film to under […]

  • Charles Rivkin

    CineAsia: Charles Rivkin Looks to Asia as Locomotive for Theatrical Cinema

    Film director Daniel Adams and Nashville music producer Michael Flanders have teamed up to create Spiderworx Media, a $50 million fund to produce theatrical motion pictures over the next several years. “An L.A. Minute,” co-written by Adams and former National Lampoon and High Times editor-in-chief, Larry “Ratso” Sloman, will be Adams’ first film to under […]

  • Tax Plan Strikes Fear Among Below

    Hollywood's Below-the-Line Workers Anxious About New Tax Plans

    Film director Daniel Adams and Nashville music producer Michael Flanders have teamed up to create Spiderworx Media, a $50 million fund to produce theatrical motion pictures over the next several years. “An L.A. Minute,” co-written by Adams and former National Lampoon and High Times editor-in-chief, Larry “Ratso” Sloman, will be Adams’ first film to under […]

  • Detective Pikachu

    Film News Roundup: Live-Action 'Detective Pikachu' Gets 2019 Release

    Film director Daniel Adams and Nashville music producer Michael Flanders have teamed up to create Spiderworx Media, a $50 million fund to produce theatrical motion pictures over the next several years. “An L.A. Minute,” co-written by Adams and former National Lampoon and High Times editor-in-chief, Larry “Ratso” Sloman, will be Adams’ first film to under […]

  • Movie Chain AMC Exploring Investment in

    Movie Chain AMC Exploring Investment in Saudi Arabia

    Film director Daniel Adams and Nashville music producer Michael Flanders have teamed up to create Spiderworx Media, a $50 million fund to produce theatrical motion pictures over the next several years. “An L.A. Minute,” co-written by Adams and former National Lampoon and High Times editor-in-chief, Larry “Ratso” Sloman, will be Adams’ first film to under […]

  • SPENCER LOCKE as Melissa Rainier in

    CineAsia: Sony Applies Haptic Technology to 'Insidious: The Last Key' (EXCLUSIVE)

    Film director Daniel Adams and Nashville music producer Michael Flanders have teamed up to create Spiderworx Media, a $50 million fund to produce theatrical motion pictures over the next several years. “An L.A. Minute,” co-written by Adams and former National Lampoon and High Times editor-in-chief, Larry “Ratso” Sloman, will be Adams’ first film to under […]

  • Star Wars: The Last Jedi

    'Star Wars: The Last Jedi' Rockets to Dominant Social Media Buzz

    Film director Daniel Adams and Nashville music producer Michael Flanders have teamed up to create Spiderworx Media, a $50 million fund to produce theatrical motion pictures over the next several years. “An L.A. Minute,” co-written by Adams and former National Lampoon and High Times editor-in-chief, Larry “Ratso” Sloman, will be Adams’ first film to under […]

More From Our Brands

Access exclusive content