Producer Jeremy Thomas has finalized a four-year development and production deal with French major UGC.
The Recorded Picture Co. will receive a revolving $ 2 million facility to develop a slate of films to be financed by UGC.
All projects will be creatively controlled by Thomas, who will act either as producer or executive producer. Yves Attal will act as UGC’s producer-delegate.
UGC’s Patrick Binet will handle international sales, with Thomas’ former sales agent Terry Glinwood as consultant.
Thomas said he expects not more than a half-dozen films to be made in the four-year span of the deal. The first projects will include “Rough Magic,” directed by Claire Peploe and produced by Laurie Parker; and Angelica Huston’s directorial debut, “Terrible Beauty.”
Under a separate agreement, UGC is committed to develop and finance a Bernardo Bertolucci project that will shoot in Italy next year.
“The shape of independent film production has changed dramatically since the 1980s, and I believe our agreement with UGC reflects the new realities of the ‘ 90s,” Thomas said. “It is a European deal, a partnership with one of Europe’s strongest entertainment companies, and one which takes a long-term view of the future of the film business.”