Samaha, entrepreneur and producer of movies including The Whole Nine Yards, Battlefield Earth and The Pledge, is joining forces with fellow industry vets Daniel Diamond and Geno Taylor at Luminosity, which will look to finance, produce and distribute movies in the U.S., as well as handle international sales.
The company tells us it plans to develop and produce 15 films over the next two years, with budgets up to $50M per title. Genres will include action, thriller, urban, faith-based, comedy, family, fantasy and sci-fi with an eye toward diversity and global appeal.
Financing for the company includes investments by Samaha, Steven Markoff, Sherwin Jarol and Dr. David Wood. The Board of Advisors includes former Warner Bros Domestic Distribution President Dan Fellman, former William Morris Chairman Jim Wiatt