Ryder, a production exec for Newmarket Films before he formed Raygun Prods., has producing credits that include “Memento,” “Donnie Darko,” “Whale Rider,” “Monster,” “The Prestige,” “Hamlet 2” and the recently completed Renee Zellweger starrer “My One and Only.”
Basner formed FilmNation last month with independent financing, after leaving his post as the Weinstein Co. prexy of international last summer.
Before TWC, he spent 16 years as an international sales exec at Good Machine and Focus Features.
Basner launched the company with an exclusive deal to rep nonstudio films generated by Media Rights Capital and Samuels Media and a nonexclusive deal with Endgame Entertainment.
But his business plan was formed with the notion that the company would rise not only through territorial sales but also via homegrown productions whose development FilmNation will finance.
FilmNation gets started with two projects Ryder has brought with him: “The Raven,” a Hannah Shakespeare/Ben Livingston-penned thriller set in the last days of Edgar Allan Poe’s life, when he gets wrapped up in a serial killer investigation. Ryder originated the project at Endgame, which will co-produce and split the development costs with FilmNation, with Endgame financing production.
The second project is the Matt O’Neil-scripted “Bull Rush,” which is being co-produced with Newmarket. Newmarket founders Chris Ball and Will Tyrer plan to do several films with FilmNation.
Ryder will acquire properties, with the emphasis on scripts over books and pitches because the development cycle will be shorter, allowing Basner to begin lining up production financing that much sooner.
Ryder will open an office in L.A., while Basner opens a permanent headquarters next month in Manhattan’s Chelsea area, where he’ll run the international side of the business.