Sidney Kimmel Entertainment is going digital.
Through its Longfellow Pictures and GreeneStreet/SKE Films divisions, the New York-based company has allocated $25 million to $35 million for a production fund to finance a slate of digital films.
Sidney Kimmel Entertainment and Longfellow Pictures are currently producing “Town and Country,” starring Warren Beatty, Diane Keaton and Goldie Hawn for New Line Cinema. This film is being shot in the classic 35mm format.
The new production entity plans to shoot pictures at a lower-budget level with reduced crews and shorter production schedules using digital equipment.
“We’re being approached by some of the most talented people working today, with material seemingly perfectly suited for the digital medium,” said Longfellow Pictures president Andrew Karsch. “While it’s nice to be offered those larger pictures, there just seems to be fewer and fewer of them and far more time inbetween.”
GreeneStreet/SKE partner Brad Yonover said the digital medium allows “much more flexibility. It streamlines the filmmaking process.”