Magazine article Screen International

Brian Oliver's New Republic Pictures Strikes First-Look Deal with Paramount (Exclusive)

Magazine article Screen International

Brian Oliver's New Republic Pictures Strikes First-Look Deal with Paramount (Exclusive)

Article excerpt

Four-year pact kicks off with Elton John musical Rocketman starring Taron Egerton.

Brian Oliver

Producer-financier Brian Oliver is officially launching his New Republic Pictures in Cannes backed by a fund out of the US, Europe, India and the Middle East, and has struck a first-look co-financing and distribution dealwith Paramount Pictures.

The four-year pact kicks off with Elton John musical Rocketman to star Taron Egerton, which Paramount will distribute worldwide and goes into production this year. Dexter Fletcher will direct from a screenplay by Billy Elliot writer Lee Hall.

Under the tiered deal, Paramount gets first look on a 50-50 co-finance split and worldwide distribution. Where New Republic is pre-selling a project, Paramount gets a first look on US distribution. In cases where New Republic is fully financing a project, Paramount gets a first look to distribute worldwide.

Former Cross Creek Pictures chief Oliver, whose credits include Black Swan and Hacksaw Ridge, is in talks with Nick Meyer’s Sierra/Affinity to handle international sales on those projects Paramount elects not to distribute worldwide. Oliver plans to put another two projects into production this year.

New Republic and Johnny Lin’s Filmula, one of the investors in the fund, are co-producing and co-financing Mexican Revolution thriller The Creed Of Violence to be directed by Todd Field, and a remake of the 1978 action adventure The Wild Geese. …

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