* Hyde Park-Image Nation, Troika Pictures and Merced Media Partners are financing and producing Careful What You Wish For, a thriller to be directed by Elizabeth Allen (Ramona and Beezus, Aquamarine). Written by Chris Frisina, it will star Isabel Lucas (Transformers 2, Immortals). Plot centers on a high school student who gets a lot more than he bargained for when he’s drawn into an affair with the young wife of a wealthy businessman. It’s described as being along the lines of Basic Instinct and Body Heat. Lucas’ recent roles have included the upcoming Terrence Malick film Knight Of Cups, the remake of Red Dawn and The Loft. Casting for other major roles is underway and The film is slated to begin in the first quarter of 2013. Producers are Hyde Park’s Ashok Amritraj and Troika’s Robert Stein, Michael A. Helfant and Bradley Gallo, and Myriad Pictures’ Kirk D’Amico. Exec producers are William Gallo and Merced Media Partners’ Raj Singh, Stuart Brown and Kevin Frakes. Hyde Park International is handling worldwide rights at Toronto.
* Atlas International announces the acquisition for international distribution of Yellow, a searing take on modern society and the demands it makes on people. Produced by Manu Kumaran, CEO Medient Studios, Yellow is a wildly inventive and visually dazzling head-trip from director Nick Cassavetes, whose previous films include The Notebook, John Q, and My Sister’s Keeper. Yellow is the story of Mary Holmes, a young substitute teacher who escapes from her drudging everyday life by fantasizing bizarre parallel realities. We enter her hallucinatory world, peopled with Busby Berkeley dancers, Cirque du Soleil Circus freaks, and human farm animals where nothing is quite what it seems. Starring Heather Wahlquist, Sienna Miller, Melanie Griffith, Gena Rowlands, Lucy Punch, Riley Keough, Max Thieriot, Daveigh Chase, David Morse, Ray Liotta, Brendan Sexton, Ethan Suplee.