In a pre-Cannes move, Daniel Wagner has formed BiFrost Pictures Inc. as a specialty financing and production company with the goal of investing in four to six movies annually with budgets up to $20 million.
BiFrost’s initial slate includes “The Girl Who Conned the Ivy League,” which re-teams “Lovelace” directors Rob Epstein and Jeffrey Friedman with Amanda Seyfried, who will play a con artist who scammed her way into Columbia University. Wagner is set to produce alongside Wonderland Sound and Vision’s McG and Mary Viola, Taggart Productions’ Michael Nardelli, and Envision Entertainment’s Grant Cramer.
“With the inception of BiFrost, we wanted to build a company that not only nurtures talent and fosters the creative vision, but creates content that inspires as well as entertains,” Wagner said.
Wagner will produce drama “Cold in July” with Jim Mickle directing and adapating from the novel by Joe R. Landsdale. Also producing are Rene Bastain, Adam Folk and Linda Moran of Belladonna Productions.
The BiFrost slate also includes “The World Made Straight,” starring Minka Kelly, Haley Joel Osment, and Noah Wyle. David Burris is directing from a script by Shane Danielsen. Wagner is producing alongside Burris, Michael Wrenn and Todd Labarowski . The movie is currently shooting in North Carolina.
In an investment prior to launching the new company, Wagner is also an exec producer on David Lowery’s “Ain’t Them Bodies Saints,” which premiered at Sundance this year and was recently announced as part of the International Critics’ Week screening lineup at Cannes.
Wagner also has exec producer credits on “Broken City,” “Fire with Fire” and “Reasonable Double.” He served as president of production at Paradox Entertainment from 2007 to 2012, overseeing “Set Up,” “Freelancers” and “Frozen Ground.”