Double Edge to co-finance two US films with Inferno

Jeremy Kay in Los Angeles
04 May 2007 01:43

Taiwan and US-based Double Edge Entertainment will co-finance with Inferno Distribution the psychological thriller The Heaven Project, which has started principal photography and stars Paul Walker and Piper Perabo.

The company also co-financed with Inferno the family comedy Smother starring Diane Keaton, Liv Tyler and Dax Shepard, which is currently in post-production.

Double Edge is backed by various financial entities and operates as a producer, financing partner, and pan-Asian distributor. The company plans to produce and co-finance five to six English-language features and distribute a total of 12 films per year.

"We are moving into higher budget productions, involving ourselves with the right projects and partnering with the right producers", Double Edge Entertainment chief executive officer Bobby Sheng said.

"Our value proposition is simple: we offer financing of up to 20% that's complementary, strategically not competing with the position of other financing sources."