Southfield studio inks $60 million deal with New Castle Entertainment.
Excerpt:
The deal comes on the heels of work wrapping on the movie "Intent," which spearheaded the partnership between Parallax and New Castle. The film stars Eric Roberts, who plans to co-star with Michael Douglas, Kathy Bates and Brett Rice on the upcoming movie, "Forsaken," which will also be filmed in Michigan and handled by Parallax. Also on the horizon is "Mr. Microphone," tentatively scheduled to start filming in June. New Castle is in final negotiations with Will Ferrell and Jerry Stiller for the lead roles. Ten other projects could potentially be birthed from this new deal.
"It's exciting, isn't it?" said Rob Striks, director of marketing at Parallax who said the deal is great news for Michigan as the state struggles in the midst of an economic crisis. "This is some fantastic news for the entire state, and it couldn’t come at a better time. ... It's just what we need."
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