Film, TV co. backed by seven-figure development fund
NEW YORK — Director Marcos Siega, “My Baby’s Daddy” producer Matthew Weaver and financier Carl Levin have formed film and television production shingle Prospect Pictures.
According to the partners, Prospect is backed by a seven-figure development fund subsidized by private investors. Levin, a former VP at Morgan Stanley, oversees operations for Prospect.
Heading development is Jason Barhydt. The company’s partners met while working at management and production shingle Immortal Entertainment.
Prospect is also angling to add management to its roster.
Siega is attached to direct “Pretty Persuasion” for Prospect, which will be produced with Joni Sighvatsson. Film will star Evan Rachel Wood, Christina Applegate, James Woods and Ron Livingston.
Also on the Prospect slate are three projects set up at Disney: “Cops & Robbers”; “The Little Drummer Boy,” produced with Tony Lord; and an untitled musical. Weaver will produce these projects with Immortal principal Happy Walters.
Weaver is also attached to produce “The Harlem Globetrotters Story” with Lord and John Davis at Columbia Pictures.
Siega and Weaver executive produced and were co-creators of the reality series “Rock the House” for VH1.
Siega made his feature directing bow on the upcoming Miramax pic “The Underclassman” starring Nick Cannon and produced by Tapestry. His television directing credits include “Fastlane” and “Oliver Beene” as well as more than 100 musicvideos and commercials.
On Friday, Miramax Films will release “My Baby’s Daddy,” which was also produced by Walters.