Magnetik attracts 3 films
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CANNES -- Recently formed international sales and consulting firm Magnetik Media unveiled its debut slate Tuesday, with three titles produced by Relativity Media: James Mangold's "3:10 to Yuma," Rob Minkoff's "Forbidden Kingdom" and Brian DePalma's "Untouchables: Capone Rising."
"Yuma," the drama remake starring Russell Crowe and Christian Bale, is in postproduction and will be released by Lionsgate in the fall. "Forbidden Kingdom," a family film that began principal photography May 2 in China, teams martial arts powerhouses Jackie Chan and Jet Li with fight choreography by Yuen Wo Ping. Lionsgate will release in the U.S. "Untouchables," a prequel to DePalma's 1987 hit "The Untouchables" that stars starring Nicolas Cage, begins shooting this fall. Paramount Pictures will distribute in North America.
Magnetik, which was founded by former C2 Pictures executives Mario Kassar and Erick Feitshans, serves as a consultant to independent producers about project development, physical production and distribution of feature films.
In announcing the relationship and the launch of Magnetik, Relativity topper Ryan Kavanaugh lauded Kassar for "his tremendous relationships and significant track record in delivering international boxoffice successes."
"There are few people who know how to handle studio-size independent films," he added, "and Mario's track record and history certainly proves he understands the handling of this type of product."