Friday, April 29, 2005

HDNet Films Inks Deal with Director Soderbergh

2929 Entertainment and HDNet Films announced this morning that they have entered into a partnership with Oscar-winning director Steven Soderbergh to direct six high-definition films that will be released simultaneously across theatrical, TV and home video platforms. HDNet pioneered this new distribution strategy with "Enron: The Smartest Guys in the Room" and is planning "to mine its diverse holdings" to produce the new films in HD.

Soderbergh will have creative control over the films' content, the first of which is called "Bubble" and is a murder-mystery set in a small town in Ohio. Soderbergh has directed such notable films as "Erin Brokovich," "Traffic," "Solaris," "Ocean's Eleven," "Ocean's Twelve," and "Sex, Lies, and Videotape."

2929 Entertainment was created by Mark Cuban and Todd Wagner and now owns Rysher Entertainment, Landmark Theaters, Magnolia Pictures Distribution, an interest in Lions Gate Entertainment, 2929 Productions and HDNet Films, along with HDNet and HDNet Movies.

No comments: