Veteran movie executive Alan Glazer has launched multimedia company Trimax Media.

The new company has secured an unnamed private equity investor to cover its overhead and forged a production financing agreement with Canada-based Dominant Entertainment. The goal is to finance and produce as many as three films a year, with budgets ranging from $5 million to $40 million. It will also include broadcast programming and digital media.

Glazer most recently served as executive vice president at producer Charles Roven’s Atlas Entertainment.

Its first project will be a supernatural thriller entitled “Shadow Train,” which Glazer will produce alongside Dominant’s Michael Gianfriddo. Pre-production begins in January.