Louis Pearlman, who launched musical phenomena ‘N Sync, the Backstreet Boys and O-Town, is teaming with Steve Austin’s Tag Entertainment to form film and TV production entity Tag Studios.
Company, in which Pearlman and Austin each have a 50% equity stake, will produce approximately six family-oriented features a year with a strong musical influence. Greg McDonald, president of Pearlman’s Trans Continental Records, has been appointed co-president of Tag Studios.
Tag has four features in development and two in pre-production, and it has signed separate deals with Travolta Family Film and filmmaker Richard Crystal (“Murder by Numbers”).
First up will be “Supercross,” written by Bart Baker and to be directed by Steve Boyum. Pic centers on a working-class family struggling to give their teenage son a chance to race Supercross.
Second pic will be a new live-action retelling of the classic “Little Red Riding Hood”; third pic will feature Trans Continental Records’ latest sensation, Natural.
First collaboration between Tag Studios and Crystal will be “Crankshaft,” based on the hit comicstrip, which has yet to attach a writer.
“The music business has been very good to me,” said Pearlman, “and it is my intention to parlay that experience, knowledge and know-how into building a strong, viable film and TV operation. On their end, Steve Austin and producing partner Jonathan Bogner have extensive experience and involvement in the family film business, and so I believe it’s the perfect match.”
Tag Entertainment has previously produced “The Santa Trap,” starring Shelley Long and Robert Hays, and the live-action family pic “Hansel & Gretel.” It also produced First Look’s “No Place Like Home,” recent pic “The Retrievers” and Regal Entertainment’s upcoming “Miracle Dogs.”
Pearlman produces the hit MTV show “Making the Band” and is currently in production on a reality-based TV show starring Sean “P. Diddy” Combs.