Jamie Foxx and writer-director-producer Deon Taylor (“Chain Letter”) are teaming to form specialty production banner No Brainer Films.

The Los Angeles-based company will develop, finance, write, direct and produce mainstream films and TV series budgeted under $10 million. Robert Smith, founder and managing principal of private equity firm Vista Equity Partners, is financing the venture.

Initial projects are the TV series “Tommy’s Little Girl,” a mob drama starring Selma Blair (“Cruel Intentions”), Paul Sorvino (“Goodfellas”), Tony Sirico (“The Sopranos”) and James Russo (“Public Enemies”). The show was created by Foxx who will co-write and co-direct with Taylor.

Foxx and Taylor will continue to run their individual production companies, Foxx-King Entertainment and Deon Taylor Enterprises.

Horror thriller “Chain Letter” starring Nikki Reed, opens in October. Foxx will next be seen in Warner Bros. comedy “Due Date” in November.