Intandem backing 'Slaughterford' thriller
British film is expected to start shooting in June
LONDON -- U.K. sales and finance banner Intandem Films is looking to spook buyers by backing British thriller "Ghost of Slaughterford" while also repping it at this year's European Film Market in Berlin.
The AFM-listed company said it has boarded the thriller, which is being executive produced by Neil Marshall, the British director who burst into the limelight with low-budget horror hits "Dog Soldiers" and "The Descent."
The movie will be directed by Ian D. Fleming, who was Marshall's second-unit director on his upcoming sword and sandal slasher "Centurion."
The movie is still in the early stages but is expected to roll before the cameras in June, Intandem said. The script details the story of a recently widowed novelist who retreats to a rented mansion in the village of Slaughterford to compose a new novel. She is met by local residents, who all warn her against staying in the house, but she resolves to stay before encountering a ghost. But the locals become the ones to fear.
As the European Film Market hits the home stretch, Intandem is quietly celebrating with the disposal of ownership rights to five movies from its slate for $9.6 million to ATF Holdings, a subsidiary of hedge fund Arrowhead Target. The proceeds will be used to settle in full an outstanding loan from Arrowhead for the same amount.
The movies were included on Intandem's balance sheet at a value of $3.1 million, resulting in a book profit of approximately $6.5 million, eliminating much of the company's accumulated losses.
Intandem also has taken on worldwide sales duties to the just-wrapped Danny Dyer and Colin Salmon starrer "Devil's Playground," which is lined up to make its debut in the Marche du Film during the Festival de Cannes.
During the AFM, Intandem also wrested sales duties to 13 titles from U.S. sales label Seven Arts, for films including Keanu Reeves starrer "Johnny Mnemonic," "I'll Sleep When I'm Dead" starring Clive Owen and Samuel L. Jackson and "No Good Deed" with Milla Jovovich (HR 11/5/09).
Said Intandem CEO Gary Smith: "We are delighted to announce the strengthening of our balance sheet through the elimination of a significant debt and we look forward to continuing our relationship with Arrowhead in the management of their portfolio of 18 films."
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