COPENHAGEN — Nordisk Film and Danish pubcaster TV2 will co-produce four low-budget features.The initiative, called Director’s Cut, is intended to begin where the Dogma 95 movement left off. Each pic will have a maximum budget of 8.5 million Danish kroners ($1 million). At the helm will be Morten Arnfred, Tomas Villum, Birger Larsen and Christoffer Boe. “Director’s Cut is mainly a creative experiment and a reaction against the usually complicated process of financing a Danish feature film, which often dilutes the original idea and the director’s intentions,” TV2 drama head Adam Price said. The films will be shot on location with small production units, spending less time on principal photography in favor of a longer period in the editing suite.