L.A.-based Cinema Libre Studio has teamed with HEAVY METAL magazine to bring live-action features direct-to-video, reports VARIETY. The budgets on the horror, sci-fi, action and urban genre films will be between $500,000-$1 million. Filming on the first should begin this summer in the U.S. and Canada.
Cinema Libre founder Philippe Diaz, exec producer of the animated sequel HEAVY METAL 2000, has four scripts developed and the first is set to be released in October or November. Cinema Libre hopes to build up to the point when it will be able to release a title per month.
About 10% of the titles in the HEAVY METAL franchise could be acquisitions, which Cinema Libre will obtain in tandem with HEAVY METAL. Some of the titles will also be available to overseas theatrical and TV markets.
The content will be available in both R-rated and PG-rated versions.