CATEGORIES Drama, Foreign Language, Deals, Newsstand, Remakes and Sequels, Cinematical Indie, Movie News, CinematicalBollywood's UTV Motion Pictures is really, really serious about getting involved with the American film industry. Yesterday there was an article in The New York Times about Will Smith's two-film collaboration with the company, and today Variety reported that UTV will -- in an agreement unrelated to the Smith deal -- co-produce Fox Searchlight's Chris Rock-directed Chloe in the Afternoon remake, I Think I Love My Wife.
The Smith deal, which is actually with Overbrook Entertainment, the company founded by Smith and partner James Lassiter, is interesting because the films will be India-based (with Sony managing worldwide distribution), and will in no way feature Smith's face. Instead, he and Lassiter will develop, cast and produce the films, while UTV will take care of financing (up to an level that hasn't been made public; beyond that point, Overbrook will be responsible for raising necessary money). The Fox deal, meanwhile, is strictly financial: UTV has provided $7 million of the movie's budget, and will also handle Indian distribution.