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Frank Grillo, Joe Carnahan to Launch Production Company (EXCLUSIVE)

Director Joe Carnahan and actor Frank Grillo have joined forces to create their own production company, War Party.

The shingle aims to produce action-based film and television fare, producing three to four movies a year while co-developing a slate of other projects, some of which are already in the works.

Grillo and Carnahan first teamed up on the survival film “The Grey” and have been looking for ways to work together since. Their next venture is the Netflix original “Wheelman,” which sold out a majority of its territories at this year’s Cannes Film Festival.

Frank Grillo is one of the best in the business and a very, very dear friend and collaborator,” Carnahan said. “I’m looking forward to being in the trenches with him on a regular basis and producing some fantastic work.”

Grillo said he wouldn’t have launched this production company with anyone else.

“Working with people you respect makes collaborating more rewarding,” he said. “We have formed a partnership that is not only invaluable, but allows us to create the kind of films and TV we are truly passionate about.”

Grillo most recently starred in “The Purge: Election Year,” which has earned a franchise-high $78.3 million at the domestic box office, and reprised his role of Crossbones in “Captain America: Civil War.” Grillo, who’s represented by CAA and Management 360, also toplines the TV show “Kingdom.”

Carnahan is currently attached to direct “Bad Boys 3,” starring Will Smith and Martin Lawrence. He recently signed on to write an adaptation of the popular video game franchise “Uncharted.”

He is repped by CAA.

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