Maverick Films will jointly finance and co-produce a feature film based on the annual winning script from the newly-created Slamdance Horror Screenplay Competition, with Slamdance and Angel Baby Films. Maverick Films has recently launched Maverick Red, a new division based solely on the horror genre. The premiere of each film will take place at the following year's Slamdance Film Festival. Previous winners from Slamdance Screenplay Competitions include Joshua Marston's "Maria Full of Grace" and "The Woodsman", written by Nicole Kassell and Stephen Fetcher. Though the creation of the Horror Screenplay Competition is new, it will build off the success of the festivals' previous platform that has successfully provided opportunities for emerging writers and directors. "Slamdance is growing in a new direction," said Slamdance's Peter Baxter in a prepared statement,"and our writers and filmmakers will be the first to benefit." [Porter Teegarden]