Recently formed independent producton and film financing company Intrepid Pictures has entered into a multi-year production and co-financing deal with Universal Pictures and Rogue Pictures. Rogue and Universal will hold worldwide distribution rights to the movies that are produced under the deal, Rogue president David Linde announced Thursday with Intrepid principals and founders Trevor Macy and Marc Evans. Intrepid's deal with Universal and Rogue is a first-look but non-exclusive pact, and allows for Intrepid to produce and co-finance films with other distributors. Intrepid plans to produce and co-finance three to five pictures per year, including a minimum of eight pictures over five years with Rogue. The first two films for the partnership will be Rogue's 2006 releases "Waist Deep," directed by Vondie Curtis Hall (due out in April) and "The Return," starring Sarah Michelle Gellar and directed by Asif Kapadia (due out in September). [Brian Brooks]