Ivan Reitman and producing partner Tom Pollock have managed to score co-financing -- to the tune of $200 million over five years -- for 10 new films from their Montecito Picture Company. Mmm ... lots and lots of comedies. The deal is sort of complicated -- for example, the funding body, Cold Spring Pictures, also has the option of financial involvement in Montecito properties that don't get picked up by partner DreamWorks -- but the point is that Reitman and Pollack are very happy men this morning. When taken in combination with their recently extended first-look deal with DreamWorks, this news means they can make what they want, and that what they make will get distribution without a struggle.

Obviously, packages this sweet don't just appear out of the blue: Pollack and Reitman make movies that make money men happy. As Pollack himself told Variety, "The kinds of movies we make are in an exceptionally sweet spot in the studio system; we tend to make comedies at a price. When they work, like with Old School and Road Trip, they make a lot of money. When they don't, like EuroTrip, they don't lose much. From a Wall Street standpoint, that's a good risk."
CATEGORIES Movies, Cinematical