If you can't get enough of movies like 'Mansquito' and 'Sharktopus', then today's news that Syfy and Universal have teamed up to create a series of new theatrical releases should have you giddy.

Deadline brings first word that Syfy Ventures and Universal Studios have joined forces to create Syfy Films – a new imprint that will craft various genre films and then distribute them theatrically under Universal's banner. If things go well, maybe we'll all be standing in line for a 'Sharktopus' ride on our next trip to the Universal theme parks...

The goal of the deal is to "leverage Syfy's genre expertise in science fiction, fantasy, supernatural and horror," which must sound at least a little odd to anyone who's sat through one of their original productions on a lonely Saturday night. If it all goes according to plan, the new Syfy Films will be releasing two "moderately budgeted" features per year starting in 2012.

Jump past the break for more musings on the deal.

The venture is set to be announced later today, with executives from both companies on hand to explain why this is a good thing for people who love genre films. If the somewhat hyperbolic press release on the subject is any indication of how the actual announcement will go, this could be fun to watch.

Joking aside, it seems a given that anything being released through Syfy Films will have to be of significantly higher quality than the material that regularly turns up on the channel each weekend. No projects have been announced yet, but it's highly unlikely that anyone will shell out ten bucks to see a big screen film that's the equivalent of what they can watch from the comfort of their couch for free. Syfy finds themselves jumping into an ever more crowded genre market, but seems confident there's enough money to go around. If they can line up respected filmmakers, good writers and actors people have heard of, they could certainly earn a respectable share of the market. Only time will tell if that happens.

In the meantime, let's play a game of "what Syfy channel movie should they remake first." How about 'S.S. Doomtrooper' with Michael Fassbender in the title role? Maybe a new version of 'Ice Spiders' written and directed by Danny Boyle? The possiblities are endless. Swing by the comment section and share some of your suggestions.
CATEGORIES Movies, Cinematical