‘The Revenant’ Exec Producers Form Facing East, Back ‘Inversion’

Markus Barmettler and Philip Lee, exec producers of “The Revenant,” have formed production-financing company Facing East and are backing sci-fi adventure “Inversion.”

The company, which plans three to four major productions every two years, is based in Beijing and Hong Kong. It announced Friday that “Inversion” has attached Peter Segal as director with Segal working on the screenplay with “Casino Royale” scribe Paul Haggis.

Principal photography is set to commence in August. The story follows a street-wise American con man and a young Chinese physicist as they race against the clock to save the earth from a terrifying loss of gravity.

Michael Nozik is also set to produce, with the screenplay credited to Bragi Schut, David Arata and Paul Haggis. Mark Damon’s Foresight Unlimited has been handling pre-sales and will sell the film in Cannes next week.

The Revenant” grossed $60 million in China. Barmettler and Lee have also been involved in “Cloud Atlas,” “Forbidden Kingdom” and “Crouching Tiger, Hidden Dragon.”

They helped develop the multi-picture agreement between Guangdong Alpha Animation and Culture Company, Catchplay Inc. and New Regency. Facing East also has profit participation in “Assassins Creed” and “Splinter Cell.”

Facing East is also developing “Chinatown” with Ronny Yu directing from a screenplay with James DiLapo about Chang Apana, who  fought the systemic corruption of the Honolulu elite at the turn of the 20th Century and became the first Chinese police detective in Hawaii.

Popular on Variety

More Film

  • Amanda Awards

    ‘Out Stealing Horses’ Tops Norway’s 2019 Amanda Awards

    HAUGESUND, Norway —  Hans Petter Moland’s sweeping literary adaptation “Out Stealing Horses” put in a dominant showing at Norway’s Amanda Awards on Saturday night, placing first with a collected five awards, including best Norwegian film. Celebrating its 35th edition this year, the Norwegian industry’s top film prize helped kick off the Haugesund Film Festival and [...]

  • Editorial use onlyMandatory Credit: Photo by

    Richard Williams, 'Who Framed Roger Rabbit' Animator, Dies at 86

    Renowned animator Richard Williams, best known for his work on “Who Framed Roger Rabbit,” died Friday at his home in Bristol, England, Variety has confirmed. He was 86. Williams was a distinguished animator, director, producer, author and teacher whose work has garnered three Oscars and three BAFTA Awards. In addition to his groundbreaking work as [...]

  • Instinct

    Locarno Film Review: 'Instinct'

    Now that “Game of Thrones” has finally reached its conclusion, releasing its gifted international ensemble into the casting wilds, will Hollywood remember just what it has in Carice van Houten? It’s not that the statuesque Dutch thesp hasn’t been consistently employed since her startling 2006 breakout in Paul Verhoeven’s “Black Book,” or even that she’s [...]

  • Good Boys Movie

    Box Office: 'Good Boys' Eyes Best Original Comedy Opening of 2019

    Universal’s “Good Boys” is surpassing expectations as it heads toward an estimated $20.8 million opening weekend at the domestic box office following $8.3 million in Friday ticket sales. That’s well above earlier estimates which placed the film in the $12 million to $15 million range, marking the first R-rated comedy to open at No. 1 [...]

  • Pedro Costa’s 'Vitalina Varela' Wins at

    Pedro Costa’s 'Vitalina Varela' Triumphs at Locarno Film Festival

    The 72nd Locarno Film Festival drew to a close Saturday with Portuguese auteur Pedro Costa’s dark and detached film “Vitalina Varela” coming away with several awards together with superlatives from segments of the hardcore cinephile crowd, including jury president Catherine Breillat. In announcing the Golden Leopard prize for the film, as well as best actress [...]

  • Vitalina Varela

    Locarno Film Review: 'Vitalina Varela'

    Frequently beautiful compositions and the theatrical use of a fierce kind of artifice have long been the hallmarks of Portuguese auteur Pedro Costa, regarded by a small but influential group of aesthetes as one of the great filmmakers of our era. For those in tune with his vision, the director’s films offer an exciting lesson [...]

  • Notre dame

    Locarno Film Review: 'Notre dame'

    Not to be too cynical about it, but might the recent horrific fire in Paris’ cathedral attract audiences to a film in which the gothic gem plays a major role? It’s likely a wiser marketing strategy than promoting the unrelenting silliness of Valerie Donzelli’s oh-so-kooky comedy “Notre dame,” the writer-director-star’s return to contemporary Paris following [...]

More From Our Brands

Access exclusive content