EXCLUSIVE: Cross Creek Pictures has entered into a multi-picture development and financing deal with Romanian producer Dragos Savulescu. Under the non-exclusive agreement, Cross Creek and Savulescu will finance development for a slate of director- and star-driven commercial films in the $20M-$65M budget range. Their first project together will be with Brad Pitt’s Plan B on He Wanted The Moon. As Deadline’s Mike Fleming Jr recently reported, Tony Kushner is adapting from Mimi Baird and Eve Claxton’s memoior which Pitt acquired last year. The expectation is Pitt may play Perry Baird in the story of a mid-century doctor’s descent into madness, and his daughter’s attempt to piece his life back together and make sense of her own. Cross Creek’s Brian Oliver and Tyler Thompson are producing with Plan B.
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Savulescu, who has been a prominent businessman with successful ventures in real estate, tourism, consultancy, stocks, sport, and publishing, first entered the film business in 2013 when he acquired Kentauros Studios in Bucharest and teamed with Mandragora Studios to create the most complete, full-service studio in Eastern Europe. Until 2012, Savulescu was owner and president of Romanian soccer team FC Dinamo.
He has now relocated to Los Angeles and formed Rising Glen Entertainment with projects in the works that include Ennio Morricone documentary, The Glance of Music, directed by Giuseppe Tornatore. He’s also producing thriller Amber Alert. Previous credits include Pioneer’s Palace, Limani and High Strung, in which he also acted.
Savulescu and Cross Creek will expect to spend aggressively on developing material together over the next year.
Commenting on the partnership, Savulescu said, “Brian and Tyler are incredibly savvy producers and I have a great deal of admiration and respect for their track record of finding tremendous material and shepherding it through to the big screen. Beyond the impressive credits and history of success, I want to be in business with Cross Creek because we share a common vision, not just on taste and preferences of films, but on the execution of a partnership that will bring high quality, very entertaining films to the marketplace.”
Thompson and Oliver added, “We’re excited to have a great partner like Dragos who helps provide further opportunities and resources to support and strengthen our collaborative relationship with top filmmakers and allows us to aggressively pursue development material we’re excited to finance and produce.”
The pact with Savulescu adds to Cross Creek’s four-year co-financing, production, and distribution deal at Columbia Pictures. Recent productions include 2015’s Black Mass, Everest and Legend. It’s currently wrapping production on Doug Liman’s Mena starring Tom Cruise, and Mel Gibson’s Hacksaw Ridge with Andrew Garfield.
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