The filmmaker behind the SModcast Pictures shingle has signed a distribution deal with Phase 4 Films, who will take his roadshow experience and use it a business model. With the deal said to encompass up to twelve movies a years (that's pretty ambitious), with a plan to do at least a four or five city roadshow with each movie. The premise here being that people will fork out road show prices on a consistent basis, with Smith himself conducting Q&As with the filmmakers and more. Yes, the dude has a massive fanbase but we'd suspect even they'd get an overload of Smith at some point. Either that, or we're seriously undervaluing his brand power.
Anyway, it still remains to be seen what kind of movies will be unveiled from this new venture. The idea of Smith turning from filmmaker to acquisitions guy is intriguing/frightening and the model is certainly one that live or die on getting people out to pay premium prices to see an independent movie. Interesting times ahead, indeed. [Deadline]