Jamie Foxx launches production company

Joins forces with Deon Taylor to form No Brainer Films

Jamie Foxx is joining forces with writer-director-producer Deon Taylor to launch a production  company dubbed No Brainer Films.

The Los Angeles-based banner will focus on developing, financing, writing, directing and producing mainstream films and TV series budgeted at under $10 million. Robert Smith, founder and managing principal of private-equity firm Vista Equity Partners, is financing the venture.

First up from No Brainer is the TV series "Tommy's Little Girl," created by Foxx, who is co-writing and co-directing with Taylor, which it plans to shop to cable networks. The mob drama stars Selma Blair, Paul Sorvino, Tony Sirico and James Russo.

Foxx and Taylor will continue to run their individual production companies, Foxx-King Entertainment and Deon Taylor Enterprises, which produce larger-budgeted projects.

Taylor's latest film -- the Nikki Reed-starring horror thriller "Chain Letter," which he wrote, directed and produced -- opens nationwide in October.

Foxx next appears in November in the Warner Bros. comedy "Due Date" opposite Robert Downey Jr.