FilmNation Entertainment, launched by Glen Basner as a foreign sales company, has established a production arm and set Aaron Ryder to run it, reports Variety.
Ryder, a production executive for Newmarket Films before he formed Raygun Productions, has producing credits that include Memento, Donnie Darko, Whale Rider, Monster, The Prestige, Hamlet 2 and the recently completed Renee Zellweger starrer My One and Only.
Basner formed FilmNation last month with independent financing, after leaving his post as the Weinstein Co. president of international last summer.
FilmNation gets started with two projects Ryder has brought with him: The Raven, a Hannah Shakespeare/Ben Livingston-penned thriller set in the last days of Edgar Allan Poe’s life, when he gets wrapped up in a serial killer investigation. Ryder originated the project at Endgame, which will co-produce and split the development costs with FilmNation, with Endgame financing production.
The second project is the Matt O’Neil-scripted Bull Rush, which is being co-produced with Newmarket.