Producer Bill Papariella and Denver-based venture capitalist Richard Bard have formed the film-TV production and management boutique, 9th Floor Media Holdings.
Andy Meyer, producer of “Fried Green Tomatoes” and “The Breakfast Club,” is in talks to come aboard to run development and production.
Josh Schear, a former RKO Pictures exec, has been tapped to serve as VP of production and development for the new venture.
Papariella, a producer who founded Storybay, a Hollywood-based distance learning program for aspiring writers, will be prexy-CEO of 9th Floor.
Papariella told Daily Variety that 9th Floor will build a lit and talent management base by focusing on young, original voices. Storybay was recently merged into 9th Floor Media.
“We believe the next wave in the entertainment industry will be the powerful combination of talent management, film/TV production and Wall Street,” Papariella said, citing BenderSpink as a company he admires and sees as a model.
Bard, who started his career as an investment banker at Citicorp, has founded a handful of Nasdaq and New York Stock Exchange companies. Papariella said Bard will take an active role in the growth and operation of the company.
Among other ventures, 9th Floor will seek out partnerships with other production and management companies.
Papariella is a former senior exec for Baldwin/Cohen Prods. and producer Howard Baldwin, overseeing such pics as “Mystery, Alaska” and “Clive Cussler’s Sahara.”
He is also one of the producers of “The Big One Three,” now set up at Helkon Media, “Click” at Sony, and “Bob’s Your Uncle” and “How Soon Is Now” at Mandeville Pictures.