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Jersey Launching Specialty Production Company; First Look Deal in Place With October Films

Indiewire By Indiewire | Indiewire April 15, 1998 at 2:0AM

Jersey Launching Specialty Production Company; First Look Deal in Place With October Films
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Jersey Launching Specialty Production Company; First Look Deal in Place With October Films

by Eugene Hernandez




Another dozen films aimed at the specialty market will wash up on
theatrical soil over the next three years through Jersey Shore, a new
production company being created by Jersey Films. The new venture
has signed a three year first look arrangement with October Films,
mirroring Jersey Films first look deal with October’s parent, Universal.


Jersey Shore will be headed by Jonathan Weisgal, the former Fine Line
Features
Exec. V.P., and produce pictures in the $10 million range
according to a company spokesperson. Weisgal is a full partner in
Jersey Shore, along with Jersey Films’ Danny DeVito, Michael Shamberg
and Stacey Sher. The new company will be based in New York City,
but will also maintain executives on both coasts.


According to the terms of the arrangement, October will retain
worldwide rights to venture projects, with international rights being
sold by October Film International and its arrangement with Good
Machine International
.