The venture, which was announced by the T-Street principals and MRC’s Brye Adler and Jonathan Golfman, will produce three to four features a year from up-and-coming filmmakers, with creative and financial backing from the companies. T-Street’s Ben LeClair will oversee day-to-day management on the yet-to-be-named label.
Johnson and Bergman, who have worked together since Johnson’s 2005 breakout indie, Brick, said, “We’ve experienced the importance of having partners like MRC who understand and protect a filmmaker’s vision, and that becomes all the more crucial when you’re navigating these waters for the first or second time. For us, this is about finding and working with great people as much as it is about making great films.”
T-Street, which launched in 2019 with funding from MRC’s parent company, Valence, has a first-look deal with MRC for film and television projects. The company’s upcoming projects include a Peacock series, Poker Face, starring Natasha Lyonne. (MRC is a co-owner of The Hollywood Reporter through a joint venture with Penske Media titled P-MRC.)
T-Street, repped by CAA and Lichter Grossman, is readying a Knives Out sequel now set up at Netflix.